120k views
4 votes
The wave rly brush company issued 4,000 shares of common stock worth 200,000.00 total. What is the par value of each share

User Pinks
by
8.6k points

2 Answers

2 votes

200,000 ÷ 4000 = $50,000 <=== par value of each stock

User Raghu Chandra
by
7.7k points
1 vote

I believe the answer is 50,000, I could be wrong.

User TheDaveJay
by
7.9k points

Related questions

Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

9.4m questions

12.2m answers

Categories