Question

Wells Fargo & Company, headguartered in San Francisco, is one of the nation's largest financial institutions Suppose it reported the following selected accounts Gin millions) as of December 31, nation's largest financial Retained earnings Preferred stock Common stock-$1 /s par value, authorized 6,000,000,000 shares i Treasury stock-67.346,829 common shares Paid-in capital in excess of par value-common stock Accumulated Other Comprehensive Income 42,000 9,000 a sued 5,245,971.422 shares 9,300 2,500) ty section of the balance sheet for Wells Fargo as of December 31.2017 Enter account nome only ond do not provide dencrinti

Answer 1

WELLS FARGO & COMPANY Balance Sheet (Partial) December 31, 2017 (in million) Stockholders' Equity: Paid-in-Capital Capital Stock Preferred Stock Common Stock,, par value, 6 billion shares authorized 5,245,971,422 shares issued, and 5,178,624,593 shares outstanding $9,000 $9,300 Total Capital Stock Additional Pad-in-Capital: $18,300 Additional Paid-in-capital in excess of Par - Common Total Paid-in-capital $54,000 $72,300 $42,000 $114,300 $8,300 -$2,500 $120,100 Retained earnings Total Paid-in-capital & Retained Earnings Accumulated Other Comprehensive Income Less: Treasury Stock (67,346,829 shares) Total Stockholders Equity