Question
Permyakova Inc.'s Balance Sheet had the following line items: Shareholders' Equity Common Stock, par value $1 per share (Shares Issued: 300,000 in 2012 and
Permyakova Inc.'s Balance Sheet had the following line items: Shareholders' Equity Common Stock, par value $1 per share (Shares Issued: 300,000 in 2012 and 300,000 in 2011; Shares Outstanding: 250,000 in 2012 and 220,000 in 2011) Additional Paid in Capital Retained Earnings Treasury Stock Total 12/31/2012 $300,000 $1,750,500 $10,321,123 $(550,000) $11,821,623 12/31/2011 $300,000 $1,750,500 $8,675,309 $(800,000) $9,925,809 What was the average price per share paid by Permyakova to acquire all of the treasury shares held as of December 31, 2012?
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Intermediate Accounting Reporting and Analysis
Authors: James M. Wahlen, Jefferson P. Jones, Donald Pagach
3rd edition
9781337909402, 978-1337788281
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