The initial equity capital of Toys 4 Tots, Inc. (T4T) consisted of 10 million Shares sold...

The initial equity capital of Toys 4 Tots, Inc. (T4T) consisted of 10 million Shares sold at $ 0.25 Par Value Per Share. The company has been in business for a year and has earned Net Income of $ 500,000, paid $ 100,000 in Dividends, and retained the balance. T4t issued 1 million Shares of Stock last week at $ 0.60 Per Share. Based upon this please compute the following ending balances for T4T.

a. Total Par Value

b. Total Additional Paid In Capital

c. Total Common Stockholders Equity

d. Total Book Value Per Share

e. Price/Earnings Ratio

Expert Solution

jeff jeffy answered 1 year ago

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