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The Waverly Brush Company issued 4000 shares of common stock worth $200,000 total what is the par value of each share

The Waverly Brush Company issued 4000 shares of common stock worth $200,000 total what is the par value of each share
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the Waverly Brush Company issued 4000 shares of common stock worth $200,000 total what is the par value of each share

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User Oleksii Polivanyi
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8.1k points

1 Answer

5 votes
200,000 divided by 4000 is 50
so the value of a share is $50
answered
User Loominade
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