A firm has 1000000 in its common stock account and 2500000


A firm has $1,000,000 in its common stock account and $2,500,000 in its paid-in capital account. The firm issued 100,000 shares of common stock. What was the original issue price if only one stock issue has ever been sold?

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Finance Basics: A firm has 1000000 in its common stock account and 2500000
Reference No:- TGS0628502

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