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What was price of the common stock when was first issued

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Reference no: EM132964653

Below is the equity section of the balance sheet of Bottle Inc. as of December 31, 2014:

Common stock, $12 par value $2,280,000

Paid-in capital in excess of par 1,330,000

Problem 1: The company only has one class of common stock and no preferred stock. What was the price of the common stock when it was first issued?

Reference no: EM132964653

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