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12.3 - Answer the questions below based on review of the partial balance sheet. TIP: You know the total dollar value of common stock and
12.3 - Answer the questions below based on review of the partial balance sheet. TIP: You know the total dollar value of common stock and how know how many shares were issued. c. What was the average issue price for the common stock? TIP: Remember the common stock amount is always the result of par value. Any overage goes to additional paid in capital. If you look at the two together -- you have a good idea what stock buyers paid the company. d. What was the average price that the treasury stock was repurchased at? TIP: Same idea as above, you know how many shares are in the treasury stock -- and you know the total dollar value
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