Question

The Buzz tool company issued 1000shares of common stock. I the total value of this issue was $50000.00, what is the par value of each share

Answer 1

$50,000.00 ÷ 1,000 = $50.00

$49.25

Below par, because the par value is $50.00

$5.00 × 20 = $100.00

a. I

b. R

c. S

d. S

e. I

f. I

g. S

h. S

Answer 2

1. $50,000. divided by 1000 shares = $50. per share
2. The market price is 49 1/4, or $49.25
3 . It is selling par.(Par =$50,selling$49.25)