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What was the average selling price for the common stock

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Reference no: EM133087328

Question - Lisa Laskowski Company reports the following information at the current fiscal year end of December 31:

Common Stock, $0.10 par value per share $98 million

Paid-in Capital in Excess of Par-Common 800 million

Retained Earnings 600 million

Total Stockholders' Equity $1,498 million

Required - What was the average selling price for the common stock issued?

A. $0.92 per share

B. $0.61 per share

C. $0.10 per share

D. $0.82 per share

Reference no: EM133087328

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