A firm had common stock ($0.50 in par value) of $200,000 in 2017, and common stock ($0.50 in par value) of $340,000 in 2018. The
A firm had common stock ($0.50 in par value) of $200,000 in 2017, and common stock ($0.50 in par value) of $340,000 in 2018. The same firm had capital surplus (or additional paid-in capital) of $3,400,000 in 2017, and $5,850,000 in 2018. What was the price an individual share (i.e. one share) was sold in 2017?
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Authors: Jesse McDougall, Patrick Boyle
1st Edition
1530116597, 9781530116591
