SXC reported the following data on its 2014 statement of financial position: If the average price paid for all of the common shares sold and subscribed were $5.00, the total number of sold and subscribed shares was:
A)44,000
B)44,400
C)40,000
D)40,400
E)None of these answers are correct.

Question

SXC reported the following data on its 2014 statement of financial position:  If the average price paid for all of the common shares sold and subscribed were $5.00, the total number of sold and subscribed shares was:
A)44,000 
B)44,400 
C)40,000 
D)40,400 
E)None of these answers are correct.

Quizplus · Accepted Answer

The Answer of SXC reported the following data on its 2014 statement of financial position:  If the average price paid for all of the common shares sold and subscribed were $5.00, the total number of sold and subscribed shares was:
A)44,000 
B)44,400 
C)40,000 
D)40,400 
E)None of these answers are correct.

SXC Reported the Following Data on Its 2014 Statement of Financial