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

asked Aug 8, 2019 120k views

4 votes

by Pinks

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2 votes

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

Raghu Chandra answered Aug 11, 2019

5.1k points

1 vote

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

TheDaveJay answered Aug 15, 2019

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