Common Products has just made its first issue of stock. It raised $2.0 million by selling 300,000 shares of stock to the public. These are the only shares outstanding. The par value of each share was...


Common Products has just made its first issue of stock. It raised $2.0 million by selling 300,000 shares of stock to the public. These are the only shares outstanding. The par value of each share was $2. Complete the following table:
(Enter your answers in dollars, not in millions.)


Common Stock (par value)   ___________?


Additional paid-in capital      ___________?


Retained earnings                 ___________ ?


Net common equity          $2,400.000






Jun 08, 2022
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