(Solution) - Willerton Industries Inc has the following balances in its capi -(2025 Original AI-Free Solution)
Paper Details
Willerton Industries Inc. has the following balances in its capital accounts as of 12/31/X3:
Long-term debt ............ $65,000,000
Preferred stock ............. 15,000,000
Common stock .............. 40,000,000
Paid in excess ............... 15,000,000
Retained earnings .............37,500,000
Calculate Willerton?s capital structure based on book values.