The shareholders' equity section of Samuels Company were reported on the balance sheets for December 31:
Based on this information, how many shares of common stock were issued in 2010 and what was the average issue price?
a. 21,000 shares and $7.82 per share
b. 30,000 share and $6.00 per share
c. 85,000 shares and $9.73 per share
d. 24,000 shares and $7.50 per share

Question

The shareholders' equity section of Samuels Company were reported on the balance sheets for December 31:
  Based on this information, how many shares of common stock were issued in 2010 and what was the average issue price? 
a. 21,000 shares and $7.82 per share
b. 30,000 share and $6.00 per share
c. 85,000 shares and $9.73 per share
d. 24,000 shares and $7.50 per share

Quizplus · Accepted Answer

The Answer of The shareholders' equity section of Samuels Company were reported on the balance sheets for December 31:
  Based on this information, how many shares of common stock were issued in 2010 and what was the average issue price? 
a. 21,000 shares and $7.82 per share
b. 30,000 share and $6.00 per share
c. 85,000 shares and $9.73 per share
d. 24,000 shares and $7.50 per share

The Shareholders' Equity Section of Samuels Company Were Reported on the Balance