The stockholders' equity section is usually divided into what three parts? Capital stock, additional paid-in capital, retained earnings Preferred stock, common stock, retained earnings Preferred stock, common stock, treasury stock O Capital stock, appropriated retained earnings, unappropriated retained earnings When a portion of inventories has been pledged as security on a loan, the value of the portion pledged should be subtracted from the debt. the fact should be disclosed but the amount of current assets should not be affected. the cost of the pledged inventories should be transferred from current assets to noncurrent assets. an equal amount of retained earnings should be appropriated. The basis for classifying assets as current or noncurrent is the period of time normally required by the accounting entity to convert cash invested in tangible fixed assets back into cash, or 12 months, whichever is longer. inventory back into cash, or 12 months, whichever is longer. inventory back into cash, or 12 months, whichever is shorter. O receivables back into cash, or 12 months, whichever is longer