how much the legal capital of the corporation?
10% cumulative preferred at par value,P100----- 400,000
discount on preferred stock-------------------------- 2,000
common stock at par value,P50.00----------------- 700,000
subscribed capital stock-common------------------- 300,000
additional paid in capital-common------------------- 50,000
revaluation increment on property------------------ 10,000
retained earnings-------------------------------------- 1,850,000
Amount of stockholders' equity that cannot be reduced by the payment of dividends. It is defined by the par value of par-value issued stock or the stated value of no-par issued stock. So in your example its everything except property, and retained earnings.
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It is my intent to discover the formula for investing in penny stocks that goes beyond the hype currently being used. What criteria do you use?
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What is a Stock Exchange?
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