Essay
The following amounts were reported by Ebert Corporation on December 31,2012:
On January 3,2013,5,000 shares of treasury stock were sold.After the sale of the treasury shares,total stockholders' equity amounted to $277,500.No stockholders' equity transactions other than the sale of the treasury stock occurred between December 31,2012,and January 3,2013.From the information given,compute the selling price per share of the treasury stock.
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$13.50 per share [27...View Answer
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Correct Answer:
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