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What the average recorded value per share of common stock

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Reference no: EM132556069

Common stock, $1 par, 500,000 shares authorized, 100,000 shares issued       $100,000

Additional paid-in capital-common       25,000

Retained earnings                              75,000

Total stockholders' equity                    $200,000

Question 1: The average recorded value per share of common stock at December 31, 2017, is

Option 1: $2.50.

Option 2: $1.75.

Option 3: $1.25.

Option 4: $1.00.

Reference no: EM132556069

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