Drewson Health Foods has 16 comma 000 shares of $ 1 par common stock outstanding, which were issued at $ 15 per share. Drewson also has a deficit balance in Retained Earnings of $ 83 comma 000. How much is Drewson's total stockholders' equity?

We do shares outstanding times issued per share to get the total paid-in capital. Then subtract the retained earnigns negative balance to get the Drewson total stockholders equity

[tex]16,000 \times 15 = 240,000 \\Retained \: Earnings \: (83,000) \\Stockholders \: Equity \: 157,000[/tex]

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Drewson Health Foods has 16 comma 000 shares of $ 1 par common stock​ outstanding, which were issued at $ 15 per share. Drewson also has a deficit balance in Retained Earnings of $ 83 comma 000. How much is Drewson​'s total​ stockholders' equity?

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Drewson Health Foods has 16 comma 000 shares of $ 1 par common stock outstanding, which were issued at $ 15 per share. Drewson also has a deficit balance in Retained Earnings of $ 83 comma 000. How much is Drewson's total stockholders' equity?