Sunday, 5 April 2015

A firm has $1,000,000 in its common stock account and $2,500,000

A firm has $1,000,000 in its common stock account and $2,500,000 in its paid-in capital account. The firm issued 100, shares of common stock. What was the original issue price, if only one stock issue has ever been sold?

$35 per share

$30 per share

$25 per share

$10 per share



A firm has $1,000,000 in its common stock account and $2,500,000

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