The Stockholders' Equity section of the balance sheet of Sea Turtle Company reveals the following information: Common stock, $3 par value $150,000 Additional paid­in capital—common 850,000 There have been two issues of stock since the corporation began business. The average issue price per share of stock was

a. $ 3.00.
b. $17.00.
c. $20.00.
d. Not enough information to determine.

c

Business

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