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(Solved) (Latest ver. Aug 2020) - Number of shares outstanding, Price of shares

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Question:

Following are the equity accounts for Kerch Manufacturing.

Common stock, $2 par
$ 135,430

Capital surplus
203,145

Retained earnings
2,370,025

Total
$2,708,600

How many shares are outstanding?
At what average price were the shares sold?
What is the book value of Kerch stock?

 







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This question was answered on: Sep 16, 2020

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