The Paymore Co. reported the following long-term liabilities and stockholder's equity for 2017:
In 2017, Paymore earned $125 in net income and paid a $40 dividend. What is the 2017 total common shareholder equity figure?

Question

The Paymore Co. reported the following long-term liabilities and stockholder's equity for 2017:
  In 2017, Paymore earned $125 in net income and paid a $40 dividend. What is the 2017 total common shareholder equity figure?

Quizplus · Accepted Answer

The Answer of The Paymore Co. reported the following long-term liabilities and stockholder's equity for 2017:
  In 2017, Paymore earned $125 in net income and paid a $40 dividend. What is the 2017 total common shareholder equity figure?