Giphons Corp. has common stock of $3,500,000, Retained Earnings of $1,800,000, unrealized gains on trading securities of $60,000 and unrealized losses on available-for-sale securities of $110,000. What is the total amount of their stockholders' equity?
A) $5,190,000.
B) $5,300,000.
C) $5,240,000.
D) $5,130,000.

Question

Quizplus · Accepted Answer

Total stockholders' equity is the sum of common stock, retained earnings, unrealized gains, and unrealized losses. In this case, the total stockholders' equity is $3,500,000 + $1,800,000 + $60,000 - $110,000 = $5,190,000.