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The Following Data Has Been Collected About Keller Company's Stockholders

question 171

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The following data has been collected about Keller Company's stockholders' equity accounts:  Common stock $10 par value 20,000 shares $100,000 authorized and 10,000 shares issued, 9,000 shares outstanding  Paid-in capital in excess of par value, common stock 50,000 Retained earnings 25,000 Treasury stock 11,500\begin{array}{lr}\text { Common stock } \$ 10 \text { par value } 20,000 \text { shares } & \$ 100,000 \\\text { authorized and } 10,000 \text { shares issued, } 9,000 \text { shares outstanding } & \\\text { Paid-in capital in excess of par value, common stock } & 50,000 \\\text { Retained earnings } & 25,000 \\\text { Treasury stock } & 11,500\end{array}

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Assuming the treasury shares were all purchased at the same price, the cost per share of the treasury stock is:

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Definitions:

Deliberately Formed

Refers to groups or entities created with specific intentions or objectives in mind.

Spontaneously Form

The natural or unplanned inception of structures, patterns, or groups without explicit external influence or direction.

Group Size

Refers to the number of individuals constituting a group, which can significantly influence the group's dynamics, communication patterns, and overall functionality.

Basic Types

Typically refers to fundamental categories or classes in various conceptual frameworks or systems, often used to simplify and categorize complex phenomena.

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