Reference no: EM132503411
$ and Shares in Thousands
Stock Holders Equity
Prefered Stock, 1$ par Value $5,500
Common Stock, 1$ par Value $25,500
Additional Paid in Capitol $842,000
Total Paid in Capitol $872,500
Retained Earnings $283,000
Treasury Stock 12000 common Shares $(324,000)
Total Stock Holders Equity $ 831,500
Question 1: If retained earnings at the beginning of the period was $245 million and $25 million was paid in dividends during the year what was the net income for the year.
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