If SOS sold the additional shares to the general public, Greats Investment in SOS account after the sale would be ________. (Use four decimal places.)
A. $945,000
B. $1,157,100
C. $1,225,000
D. $1,245,000
Answer:B
If SOS sold the additional shares to the general public, Greats Investment in SOS account after the sale would be ________. (Use four decimal places.)
A. $945,000 B. $1,157,100 C. $1,225,000 D. $1,245,000
Explanation: B) SOSs stockholders equity prior to the stock issuance	$1,050,000