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On April 1st, Rick purchases 100 shares of Nick Inc. The price per share paid was:......................... $10 On May 1st, Rick purchases 120 shares of
On April 1st, Rick purchases 100 shares of Nick Inc. The price per share paid was:.........................$10
On May 1st, Rick purchases 120 shares of Nick Inc. The price per share paid was:.....................$11.50
On June 15th, Rick sells 50 shares of Nick Inc. The price per share received was:........................$12.50
On November 1st, Rick purchases 40 shares of Nick Inc. The price per share paid was:...............$8.50
As of December 31, what is the average cost per share of Nick Inc. held by Rick?
1.
$84.09
2.
$8.50
3.
$10.82
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