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State the stockholder equity of the alphabet corporation

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Reference no: EM132940637

Problem 1: State the stockholder's equity of the Alphabet Corporation if it has a current net profit of $1,649,000, beginning-of-the-period retained earnings of $6,848,000, 1 million shares of common stock issued at a par value of $1 per share, and paid-in capital in excess of par of $9.74 per share? (Round your answer to whole number without decimals)

Reference no: EM132940637

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