accounting

how do you find average price at which the shares were issued? common stock without par value, 4000000 shares authorized, 800000 shares issued, and 720000 shares outstanding

  1. 👍
  2. 👎
  3. 👁
  1. oh yeah 5200000 cash

    1. 👍
    2. 👎

Respond to this Question

First Name

Your Response

Similar Questions

  1. finance (General Motors Stock)

    When Patricia sells her GM common stock at the same time that Brian purchases the same amount of GM stock, GM receives: A. the "spread" between the Bid and Ask of the transaction B. The dollar amount of the transaction, less

  2. fin 3030

    2. A new common stock issue paid a $1.50 dividend last year. The par value of the stock is $25, and earnings per share have grown at a rate of 3% per year. This growth rate is expected to continue into the foreseeable future. The

  3. financial accounting

    (5) Chapter 13 Problem The Torre Company has the following balances in stockholders equity on December 31st. Common Stock - $5.00 par, 60,000 issued $300,000 Additional paid in capital - common 600,000 Preferred stock - $100 par,

  4. 061555RR

    knutson company reacquired 5,000 shares of its $15-par common stock for $13/share. the debit to treasury stock is

  1. Math to Ms.Sue

    1. The Hamilton Brush Company issued 2,500 shares of common stock worth $100,000.00 total. What is the par value of each share? A. $25.00 B. $400.00 C. $250.00 D. $40.00 My choice is either A C or D? I divided 100,000.00 by 2,500

  2. finance

    1. A bond has a $1,000 par value (face value) and a contract or coupon interior rate of 8%. A new issue would have a flotation cost of 5% of the market value. The bonds mature in 10 years. The firm’s average tax rate is 28% and

  3. accounts

    Ex 11.5 The year-end balance sheet of Jackson Products, INC., includes the following stockholders' equity section (with certain details ommited): Stockholders' equity: Capital stock: 7% cumulative preferred stock, $100 par

  4. Accounting

    Gorton Corporation has 30,000 shares of $10 par value common stock outstanding when it announces a 2-for-1 stock split. Before the split, the stock had a market price of $120 per share. After the split, how many shares of stock

  1. Accounting

    A company had stock outstanding as follows during each of its first three years of operations: 2,500 shares of $10, $100 par, cumulative preferred stock and 50,000 shares of $10 par common stock. The amounts distributed as

  2. Accounting

    Samuels, Inc. reported net income for 2011 is $105,000. During 2011 the company had 5,000 shares of $100 par, 5% preferred stock and 20,000 of $5 par common stock outstanding. Samuels’ earnings per share for 2011 is A.$4.00

  3. Accounting

    On April 1, 10,000 shares of $5 par common stock were issued at $22, and on April 7, 5,000 shares of $50 par preferred stock were issued at $104. Journalize the entries for April 1 and 7. For a compound transaction, if an amount

  4. accounting

    Jones Company is authorized to issue 20,000 shares of no-par, $5 stated-value common stock and 5,000 shares of 9%, 100 par preferred stock. It enters into the following transaction: 1. Accepts a subscription contract to 7,000

You can view more similar questions or ask a new question.