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Based on the Following Partial Balance Sheet, Calculate the Price

Question 50

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Based on the following partial balance sheet, calculate the price for which the stock originally sold to the public. Assume there has been only one public offering.
Based on the following partial balance sheet, calculate the price for which the stock originally sold to the public. Assume there has been only one public offering.

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Shares outstanding = $20,000 / $1 par = ...

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