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Supper company ltd reported the following stockholder's equity on its balance sheet as at june 30, 2021. preferred stock 10% par 650000 shares authorized 280000 shares issued                   1,400,000 common stock, par valye $? per share, 5,000,000 shares authorized                            2,000,000 1,000,000 shares issued and outstanding paid in capital in excess of par-common

Supper company ltd reported the following stockholder's equity on its balance sheet as at june 30, 2021. preferred stock 10% par 650000 shares authorized 280000 shares issued                   1,400,000 common stock, par valye $? per share, 5,000,000 shares authorized                            2,000,000 1,000,000 shares issued and outstanding paid in capital in excess of par-common

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Supper company ltd reported the following stockholder's equity on its balance sheet as at june 30, 2021.

preferred stock 10% par 650000 shares authorized 280000 shares issued                   1,400,000

common stock, par valye $? per share, 5,000,000 shares authorized                            2,000,000

1,000,000 shares issued and outstanding

paid in capital in excess of par-common                                                                          6,000,000

What is the selling price per share for the common stock issued?

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