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The following information was taken from the records of Prime Office Supplies Inc. immediately before and after the reacquisition of shares. Common shares Contributed surplus:
The following information was taken from the records of Prime Office Supplies Inc. immediately before and after the reacquisition of shares. Common shares Contributed surplus: Reacquisition of shares Retained Earnings Before $2,500,000 O $24.50 O $10 O $15 O $25 100,000 625,000 After $2,250,000 200,000 X The average price per share before the reacquisition was $25. What was the price per share that Prime paid for the acquired shares? The following information was taken from the records of Prime Office Supplies inc immediately before and after the reacquisition of shares. The average price per share before the feacquisition was $25. What was the price per share that Prime paid for the acquired shares? $24.50$10$15 $25
The following information was taken from the records of Prime Office Supplies Inc. immediately before and after the reacquisition of shares. Common shares Contributed surplus: Reacquisition of shares Retained Earnings Before $2,500,000 O $24.50 O $10 O $15 O $25 100,000 625,000 After $2,250,000 200,000 X The average price per share before the reacquisition was $25. What was the price per share that Prime paid for the acquired shares?
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