Find additional paid-in capital and common shares


Common Products has issued its $.001 par value stock in two separate financing transactions. Transaction 1: five years ago, the founder of the company purchased 2,000,000 shares of stock for $450,000. Transaction 2: last year the company went public by issuing 20,000,000 shares of stock to the public for $32 million. Use this information to fill in the following table: Common shares (par value) ____________________ Additional paid-in capital ____________________ Retained Earnings ____________________ Net Equity $34,000,000.

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Finance Basics: Find additional paid-in capital and common shares
Reference No:- TGS0680006

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