Question

Common stock, $10 par, 275,000 shares issued and outstanding $2,750,000 paid-in-capital in excess of par - common stock 1,140,000: What financial information or question is associated with this stock statement?

Answer 1

The financial information associated with this stock statement includes the number of shares issued and outstanding, the par value of the stock, and the paid-in capital in excess of par for the common stock.

Step-by-step explanation:

The financial information associated with this stock statement is the number of common stock shares issued and outstanding, the par value of the stock, and the paid-in capital in excess of par for the common stock.

The statement provides information about the ownership of the company, the value assigned to each share, and the amount of capital contributed by shareholders above the par value. The number of shares issued and outstanding reflects the total ownership of the company by the shareholders.