The following information is from the balance sheet of, Ask an Expert

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The following information is from the balance sheet of Tudor Corporation as of December 31, 2010.

Preferred stock, $100 par $ 500,000
Paid-in capital in excess of par - preferred 35,000
Common stock, $1 par 190,000
Paid-in capital in excess of par - common 380,000
Retained earnings 131,500
Total stockholders' equity $1,236,500

Preferred stock, $100 par

What was the average issue price of the common stock shares?

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M977495

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