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How much was the price per share paid

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Reference no: EM132978039

Question - Presented below are balances taken from the books of Zodiac Corporation:

Jan 1 Dec 31

Ordinary Share Capital (25 par value per share) 750,000 875,000

Subscribed Ordinary Share Capital 125,000 125,000

Share Premium -Ordinary 186,750 224,250

During the year, Zodiac had only one issuance of new shares, which was paid for a price above par. How much was the price per share paid on the shares issued during the year?

Reference no: EM132978039

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