Question: PRINTER VERSION BACK NE Question 1 On June 8, Walla Walla Ltd was incorporated and issued 57,000 common shares for $342,000. On August 19, an
PRINTER VERSION BACK NE Question 1 On June 8, Walla Walla Ltd was incorporated and issued 57,000 common shares for $342,000. On August 19, an additional 14,250 shares were issued for $99,750. On November 2, the company paid $31,900 to reacquire 5,500 common shares and on December 7 it paid $54,000 to reacquire 7,200 common shares. (a) Calculate the average cost of the common shares on June 8, August 19, November 2, and December 7. (Round answers to 2 decimal places, ... 15.25.) Average Cost June 8 Aug. 19 Nov. 2 Dec. 7
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