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Chapter 10,F ework education.c flow/ nect.html ework i Saved Required information [The following information applies...

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Accounting

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Chapter 10,F ework education.c flow/ nect.html ework i Saved Required information [The following information applies to the questions displayed below.] The stockholders' equity section of Velcro World is presented here. VELCRO WORLD Balance Sheet (partial) ($ and shares in thousands) Stockholders' equity: Preferred stock, $1 par value Common stock, $1 par value Additional paid-in capital Total paid-in capital Retained earnings Treasury stock, 11,000 common shares Total stockholders' equity $ 6,000 30, eee 1,164,000 1,200,000 288,888 (352,000) $1,136,800 Based on the stockholders' equity section of Velcro World, answer the following que amounts are presented in thousands. 5. What was the average cost per share of the treasury stock acquired? Average cost per share

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