Initial sale price of common stock hudson-perry recordings inc has one issue of preferred stock and one issue of common stock outstanding. given their stockholders' equity account that follows, determine the original price per share at which the firm sold its single issue of common stock. stockholders' equity ($000) preferred stock $ 228 common stock ($ 0.24 par, 1 comma 402 comma 000 shares outstanding) 336 paid-in capital in excess of par on common stock 19 comma 466 retained earnings 1 comma 803 total stockholders' equity modifying $ 21 comma 833 with double underline the original price per share is $ nothing. (round to the nearest cent.)

the original price from the issue of shares: 14.12 dollars

Explanation:

It will be the sum of the common stock and the paid-in capital in excess of par:

The values are expresses as thousand, so we multiply by 1,000

common stock 0.24 x 1,402,000  =           336,480

additional paid-in  19,466 x 1,000 =      19,466,000  

                                        Total               19,802,480

Price per share: 19,802,480 / 1,402,000 = 14,12410 = $14.12 This will be the original price of the price.

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answer; private store;