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The following information is available regarding a corporations common shares: authorized 30,000 shares; issued 10,500 at $100,000; and 15,000 at $175,000. The average per share

The following information is available regarding a corporations common shares: authorized 30,000 shares; issued 10,500 at $100,000; and 15,000 at $175,000. The average per share amount of the corporations shares is

a) $18.33.

b) $11.67.

c) $11.00.

d) $10.00

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