What is the amount of capital in excess of par

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Reference no: EM13175534

The financial statements for a company included the following information:

Common Stock	$1,750,000
Retained Earnings	$950,000
Net Income	$1,250,000
Shares Issues	110,000
Shares Outstanding	90,000
Dividends Declared and Paid	$900,000

The common stock was sold at a price of $30 per share.

Complete the following:

(a) What is the amount of capital in excess of par?

(b) What was the amount of retained earnings at the beginning of the year?

(d) Compute earnings per share.

Reference no: EM13175534

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