Zelienople Co A)5,000
B)200,000

question 127

Multiple Choice

Zelienople Co.reported the following information at December 31,2017: The number of shares of common stock issued is
$\begin{array}{lr}\text { Preferred stock, } \$ 10 \text { par, } 5,000 \text { shares authorized, cumulative } & \$ 50,000 \\\text { Common stock, } \$ 1 \text { par, } 500,000 \text { shares authorized } & 200,000 \\\text { Additional paid-in capital—common } & 25,000 \\\text { Retained earnings } & \underline{ 75,000 }\\\text { Total contributed capital and retained earnings } & \$ 350,000 \\\text { Less: Treasury stock (400 shares at cost) } & \underline{ 5,000 }\\\text { Total stockholders' equity } & \underline{ \$ 345,000}\end{array}$

• A)5,000.
• B)200,000.
• C)500,000.
• D)550,000.

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Definitions:

Dependent Variable

A variable that changes as a consequence of a change in some other (independent) variable; the “effect” or outcome.

Interest Rate

The interest rate is the percentage charged on the total amount borrowed or earned, representing the cost of borrowing money or the reward for saving.

Investment

The act of allocating resources, usually financial, into something with the expectation of generating income or profit.

Tabular Presentation

A method of presenting information or data in rows and columns, making it easier to understand and analyze.