Question

The waverly company issued 4,000 shares of common stock worth 200,000.00 total. What is the par value of each share?

Answer 1

The value per share is 50 per share.

In order to find this, you take the total value of the stock and then divide by the number of shares.

200,000/4,000 = 50.

Therefore, it is 50 per share.