Deer Park Ltd. has one class of shares. The company issued 5,500 shares on January...

60.1K

Verified Solution

Question

Accounting

Deer Park Ltd. has one class of shares. The company issued 5,500 shares on January 1,2022, at $ 4.25 per share. On December 15,2022, the company issued an additional 10,500 shares at $ 5.90 per share. On March 31,2023, the company issued another 10,500 shares at $ 7.90 per share. Bailey Ying purchased 700 shares from the first share offering and another 920 from the latest issue. What is the total PUC of her shares?
A.$ 10,287
B.$ 10,765
C.$ 12,798
D.$ 11,235

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students