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Initial sale price of common stock Haymitch Brewing Corporation has one issue of preferred stock and one issue of common stock outstanding Given Haymilchi's stockholders'
Initial sale price of common stock Haymitch Brewing Corporation has one issue of preferred stock and one issue of common stock outstanding Given Haymilchi's stockholders' equily account that follows, determine the original price per share at which the firm sold its single issue of common sock Stockholders Equity (5000) Preferred stock Common stock ($0 49 par, 394,000 shares outstanding) Paid-in capital in excess of par on common stock Retained earnings Total stockholders equity $228 193 2 608 792 3,821 The orginal price per share is sRound to the nearest cont
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