Find original issue price if only one stock issue has sold
A firm has $1,000,000.00 in its common stock account and $2,500,000.00 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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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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A severe shortage of plastic pellets has required the company to cut back its production so much that the plastic injection molding machine is no longer the bottleneck.
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