Question
The stockholders' equity section of Alt Corp. reflected the following in the capital stock subsection (all stock was issued on the same date): Common stock,
The stockholders' equity section of Alt Corp. reflected the following in the capital stock subsection (all stock was issued on the same date):
Common stock, par $10 $60,000
Additional paid-in-capital 15,000
What was the per-share selling price of the stock? $ _________
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Accounting Principles
Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso
9th Edition
978-0470317549, 9780470387085, 047031754X, 470387084, 978-0470533475
