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    mcleanboi's Avatar
    mcleanboi Posts: 1, Reputation: 1
    New Member
     
    #1

    Aug 9, 2010, 11:23 PM
    Finding retained earnings with common stock
    How do you find total stockholders' equity of you have the following information?

    Common Stock, $1 par, authorized
    400,000 shares, issued 290,000 shares 290,000
    Additional paid-in capital 180,000
    What is retained earnings?
    morgaine300's Avatar
    morgaine300 Posts: 6,561, Reputation: 276
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    #2

    Aug 10, 2010, 10:58 PM

    Insufficient information.

    This is like saying 100 + 150 + x = y
    and then trying to solve for either x or y. Impossible. You've got to have other info available.

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