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On June 8 , Cullumber Ltd . was incorporated and issued 3 1 , 8 0 0 common shares for $ 3 1 8 ,
On June Cullumber Ltd was incorporated and issued common shares for $ On August an additional
shares were issued for $ On November the company paid $ to repurchase common shares and on December
it paid $ to repurchase common shares.
a
Your answer is partially correct.
Calculate the average cost of the common shares on June August November and December Round answers to decimal
places, eg
Average Cost
June $
Aug. $
Nov. $
Dec. $
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