Noell Corp. has common stock of $5,500,000, retained earnings of $3,000,000, unrealized gains on trading securities of $100,000 and unrealized losses on available-for-sale securities of $200,000. What is the total amount of its stockholders' equity?

Question

Quizplus · Accepted Answer

Stockholders' equity is the sum of common stock, retained earnings, and unrealized gains and losses. In this case, the total stockholders' equity is $5,500,000 + $3,000,000 + $100,000 - $200,000 = $8,300,000.