Carmen Company has the following equity amounts and no dividends in arrears. Preferred stock, $1,000 par $24 million Common stock, $100 par $20 million Paid-in capital in excess of par $36 million Retained earnings $18 million What is the book value of Carmen's common stock

$370 book value.

Explanation:

The computation of the book value of Carmen's common stock is shown below:

= $20 million + $36 million + $18 million

= $74 million.

Now

= $20 million total par value × $100 par value/share

= 200,000 shares

Now

= $74 million ÷ 200,000 shares

= $370 book value.

the answer would be voluntary exchange -

"the act of buyers and sellers freely and willingly engaging in market transactions. moreover, transactions are made in such a way that both the buyer and the seller are better off after the exchange than before it occurred."

hope this : )

-shy

answer target market;