The Following Information Is Provided for the Columbus Company What Is the Total Stockholders' Equity of Columbus Company?
A)$212

The following information is provided for the Columbus Company: $\begin{array}{ll}\text { Deferred compensation pay able-stock appreciation rights } & \$ 10 \\\text { Bonds payable } & 120 \\\text { Additional paid-in capital on common stock } & 20 \\\text { Donated capital } & 16\\\text { Treasuy stock (at cost) } & 8 \\\text { Common stock, } \$ 1 \text { par } & 100 \\\text { Common stock optionwarrants } & 40 \\\text { Unrealized increase in value of available for sale securities } & 28 \\\text { Additional paid-in capital from treasury stock } & 3 \\\text { Retained earnings } & 57 \end{array}$
What is the total stockholders' equity of Columbus Company?

A) $212
B) $228
C) $256
D) $272
E) none of these

Correct Answer:

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