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The waverley brush company issued 4000 shares of common stock worth 200,000 total what is the par value of each share

User Ansel
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2 Answers

6 votes

Answer:

50$

Step-by-step explanation:

The par value per share can be calculated by dividing the total par value by the number of shares. In this case:

Par Value per Share = Total Par Value/Number of Shares

​Given that the Waverley Brush Company issued 4,000 shares of common stock worth $200,000 in total, the calculation would be:

Par Value per Share = 200,000/4,000

=50

Therefore, the par value of each share is $50.

User Rixo
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7.6k points
1 vote

Final answer:

The par value of each share is $50.

Step-by-step explanation:

The par value can be calculated by dividing the total value of the shares by the number of shares. In this case, the total value of the shares is $200,000 and the number of shares is 4000. Therefore, the par value of each share is $50.

User Shkaper
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7.0k points