Landes Corporation's balance sheet reflected the following information. Assuming all the stock was issued in a single transaction, what was the issue price per share of the stock?

Question

Landes Corporation's balance sheet reflected the following information.  Assuming all the stock was issued in a single transaction, what was the issue price per share of the stock?

Quizplus · Accepted Answer

The Answer of Landes Corporation's balance sheet reflected the following information.  Assuming all the stock was issued in a single transaction, what was the issue price per share of the stock?

Landes Corporation's Balance Sheet Reflected the Following Information