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    Exam 14: Corporations: Additional Topics and Ifrs
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    The Following Information Is Available Regarding a Corporation's Common Shares
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The Following Information Is Available Regarding a Corporation's Common Shares

Question 136

Question 136

Multiple Choice

The following information is available regarding a corporation's common shares: authorized 30,000 shares; issued 10,000 at $100,000; and 15,000 at $175,000. The average cost of the corporation's shares is


A) $10.
B) $11.
C) $11.67.
D) $13.75.

Correct Answer:

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