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-   -   How much was each share of common stock originally sold for? (https://www.askmehelpdesk.com/showthread.php?t=509326)

  • Sep 20, 2010, 04:58 PM
    mlogan
    How much was each share of common stock originally sold for?
    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
  • Sep 20, 2010, 11:01 PM
    morgaine300

    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.

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