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Calculate the average cost of the common shares on june

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Question - On June 8, Ridgewood Ltd. was incorporated and issued 37,800 common shares for $378,000. On August 19, an additional 9,450 shares were issued for $113,400. On November 2, the company paid $36,288 to repurchase 3,780 common shares and on December 7 it paid $65,520 to repurchase 5,040 common shares. Calculate the average cost of the common shares on June 8, August 19, November 2, and December 7.

Reference no: EM133137326

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