speedy8074 speedy8074

30-08-2018
Mathematics

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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

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BestC3P0 BestC3P0

30-08-2018

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

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JiakSai JiakSai

30-08-2018

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

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