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A firm had common stock ($0.40 in par value) of $250,000 in 2019, and common stock ($0.40 in par value) of $410,000 in 2020. The
A firm had common stock ($0.40 in par value) of $250,000 in 2019, and common stock ($0.40 in par value) of $410,000 in 2020. The same firm had capital surplus (or additional paid-in capital) of $3,200,000 in 2019, and $5,790,000 in 2020. What was the total proceeds from the sales of new shares?
Same facts as above: what was the average price of an individual share (i.e. one share) that was sold in 2020?
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