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View Full Version : How much was each share of common stock originally sold for?


mlogan
Sep 20, 2010, 04:58 PM
December 31, 2010:
Common stock, $1 par, $100,000 shares authorized $80,000
Additional paid-in capital-common $60,000
Retained earnings $40,000
Total contributed capital and retained earnings $180,000
Less: Treasury stock(2,000 common shares at cost) $20,000
Total Stockholders equity $160,000

morgaine300
Sep 20, 2010, 11:01 PM
There isn't any way to know that. You can only figure out the average of what they sold for, not the actual sale price.