Question
4 Below is the equity section of the balance sheet of Bottle Inc. as of December 31, 2014: Common stock, $12 par value $2,280,000 Paid-in
4 Below is the equity section of the balance sheet of Bottle Inc. as of December 31, 2014:
Common stock, $12 par value $2,280,000
Paid-in capital in excess of part $1,,330,000
The company only has one class of common stock and no preferred stock. What was the price of the common stock when it was first issued?
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Managerial Accounting
Authors: Ray Garrison, Eric Noreen, Peter Brewer
17th Edition
1260247783, 978-1260247787
