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Lerner Company had the following transactions in 2016,its first year of operations.
? Issued 25,000 ordinary shares.The issue price of the shares was $18.00 per share.
? Issued 1200 preference shares for $200 per share.
? Earned net profit of $36,000.
? Paid no dividends.
At the end of 2016,what is the total amount of shareholders' equity?
Socialization
The process by which individuals learn and internalize the values, beliefs, and norms of their culture and society.
Prejudiced Attitudes
Preconceived opinions or judgments towards people or a group that are not based on reason or actual experience, often negative and discriminatory.
Socialization
The process by which individuals learn and internalize the values, beliefs, and norms of their society and develop a sense of self.
Racial Attitudes
The beliefs, feelings, and behaviors individuals hold towards others based on their racial identity.
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