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Ann made the following purchases of ABC stock: 200 shares at $3 per share in year 1; 300 shares at $5 per share in year
Ann made the following purchases of ABC stock: 200 shares at $3 per share in year 1; 300 shares at $5 per share in year 2; 500 shares at $10per share in year 3. What is the per share adjusted cost base of her shares? $9.20 $18.30 $7.10 $6.00
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Intermediate Accounting
Authors: Loren A Nikolai, D. Bazley and Jefferson P. Jones
10th Edition
324300980, 978-0324300987
