Business, 18.08.2020 14:01 dfrtgyuhijfghj4794

The following information is from the December 31, 2017 balance sheet of Jackson Corporation Preferred Stock, $100 par $260,000
Paid In Capital in Excess of Par - Preferred 14,000
Common Stock, $1 par 77,000
Paid - In Capital in Excess of Par - Common 213,000
Retained Earnings 58,600
Total Stockholders' Equity $622,600
What is the average issue price of the preferred stock shares? (Round answers to the nearest dollar.)
A. $104
B. $105
C. $167
D. $100

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The following information is from the December 31, 2017 balance sheet of Jackson Corporation Prefer...

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