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On June 8. Paver Ltd. Was incorporated and issued 28,200 common shares for $282.000. On August 19, an additional 7,050 shares were issued for $84,600.
On June 8. Paver Ltd. Was incorporated and issued 28,200 common shares for $282.000. On August 19, an additional 7,050 shares were issued for $84,600. On November 2, the company paid $27,072 to repurchase 2,820 common shares and on Becember 7 it paid $48,880 to repurchase 3.760 common shares. (a) - Your answer is partially correct. Calculate the averase cost of the common shares on June 8, Augunt 19. November 2, and December 7. (Round answers to 2 decimal ploces, eg. 15.25.)
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