What must be the amount of common stock

Reference no: EM132048226

Question: You are preparing a 2015 balance sheet for Cornell Corp. based on the following information: cash = $141694; patents and copyrights = $625627; accounts payable = $224859; accounts receivable = $125226; tangible net fixed assets = $2 million; inventory = $305538; notes payable = $142436; accumulated retained earnings = $1.2 million; long-term debt = $755802. What must be the amount of Common Stock on this balance sheet?

Reference no: EM132048226

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