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Other Fields Homework Help Management Topic started by: mantparn on Mar 7, 2017



Title: Tangshan Mining has common stock at par of $200,000, paid-in capital in excess of par of $400,000, ...
Post by: mantparn on Mar 7, 2017
Tangshan Mining has common stock at par of $200,000, paid-in capital in excess of par of $400,000, and retained earnings of $280,000. In states where the firm's legal capital is defined as the total of par value and paid-in capital in excess of par, the firm could pay out ________ in cash dividends without impairing its capital.
A) $280,000
B) $400,000
C) $480,000
D) $600,000


Title: Re: Tangshan Mining has common stock at par of $200,000, paid-in capital in excess of par of ...
Post by: donnaban on Mar 7, 2017
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Title: Re: Tangshan Mining has common stock at par of $200,000, paid-in capital in excess of par of $400,000, ...
Post by: mantparn on Apr 29, 2017
Whoa I needed this :D