CRC reported the following on its 2015 balance sheet: $6 Preferred shares, no par = $62,000 Common shares, no par = $320,000 Retained earnings = $240,000
Given common shares outstanding, what is the average issue price per common share?
A)Choice 5
B)Choice 2
C)Choice 3
D)Choice 4
E)Choice 1

Question

CRC reported the following on its 2015 balance sheet: $6 Preferred shares, no par = $62,000 Common shares, no par = $320,000 Retained earnings = $240,000
Given common shares outstanding, what is the average issue price per common share? 
A)Choice 5 
B)Choice 2 
C)Choice 3 
D)Choice 4 
E)Choice 1

Quizplus · Accepted Answer

The Answer of CRC reported the following on its 2015 balance sheet: $6 Preferred shares, no par = $62,000 Common shares, no par = $320,000 Retained earnings = $240,000
Given common shares outstanding, what is the average issue price per common share? 
A)Choice 5 
B)Choice 2 
C)Choice 3 
D)Choice 4 
E)Choice 1

CRC Reported the Following on Its 2015 Balance Sheet: $6