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Veronika [31]
3 years ago
5

An automotive​ manufacturer, Aminus−2 ​Auto, provides maintenance services to Mako. In​ exchange, Aminus−2 Auto received 500500

shares of​ Mako's nominus−par common stock.​ Mako's common stock is currently trading on the open market for $ 22$22 per share. The standalone value of the maintenance provided was $ 13 comma 100$13,100. What is the transaction price of this​ contract?
Business
1 answer:
Sonja [21]3 years ago
7 0

Answer:

The Transaction price of this contract is $13,100

Explanation:

Transaction price of this contract is standalone value of maintenance cost.

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