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what will be the ans of part b ???? Cato Ltd. was incorporated as a private company on January 2, 2021, and is authorized to
what will be the ans of part b ???? Cato Ltd. was incorporated as a private company on January 2, 2021, and is authorized to issue an unlimited number of common shares and $1 preferred shares. The company had the following share transactions in its first month of operations: Jan. 6 Issued 217,000 common shares for $1.60 per share. 12 Issued 49,000 common shares for $1.72 per share. 17 Issued 10,500 preferred shares for $25.00 per share. 18 Issued 505,000 common shares for $2.00 per share. 24 Repurchased 202.000 common shares at $1.90 per share. 31 Issued 9,500 common shares in exchange for $14,250 of legal services. Question 6 of 6 6.8/15 347,200 Common Shares 347,200 n. 12 Cash Common Shares 84,280 .17 Cash 262,500 Preferted Shares n.18. Cash Common Shares 1.010,000 an. 24 Common Shares 377.740 Retained Carnines 6.060 What is the number and average cost of the preferred and common shares at the end of January? (Round "Average Cost" answers to 2 decimal ploces, eg. 124
what will be the ans of part b ????
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