How to calculate average per share price (if you have the additional paid in capital) [Archive]

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Summer_c

Mar 8, 2009, 10:10 PM

Hi, can someone help me to calculate the average per-share sales price of the preferred stock when issued.

Preferred stock, $30 par value,. $ 120,000
5,000 shares authorized, 4000 shares issued

Additional paid in capital - Preferred... 6,000

How can we calculate the average price?

Thank you =)

codyman144

Mar 9, 2009, 06:06 AM

Well try to figure out how much the stock was sold for. Let me know how you do and I will take a look at the answer.