Reference no: EM132482666
Question 1: how do get Common Stock with the given information?
Question 2: Prepare a 2018 balance sheet for Rogers Corp. based on the following information:
Cash = $139,000;
Patents and copyrights = $630,000;
Accounts payable = $217,500;
Accounts receivable = $112,500;
Tangible net fixed assets = $1,650,000;
Inventory = $299,000;
Notes payable = $160,000;
Accumulated retained earnings = $1,254,000;
Long-term debt = $857,000.
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