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Ferris Company reported the following on its balance sheet: total contributed capital of $186,000,treasury stock of $19,500 and total stockholder's equity of $237,500.Ferris had 1,000,000 authorized shares of its $0.01 par value common stock of which 200,000 were outstanding. What was the amount of additional paid-in capital reported in the balance sheet?
Mean Battery Life
The average duration that a battery can power a device before depletion, calculated from a sample or population of batteries.
Production Method
The process or technique used in the creation of goods and services, often categorized by levels of automation and labor requirements.
Mean Price
The average price of a set of products or securities, calculated by adding all prices together and dividing by the number of prices.
Litre Of Gas
A unit of measurement representing the volume of gasoline, commonly used to quantify fuel in many countries, equivalent to 1000 cubic centimeters.
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