asked 167k views
5 votes
the Hamilton Brush Company issued 2500 shares of a common stock worth $100,000 total what is the par value of each stock of each year

asked
User Keaz
by
7.6k points

1 Answer

4 votes
we can find the answer to this by dividing the value of the stock by the amount of issues shared. this looks like
100,000 ÷ 2500 = 40
this means that the par value of each stock of each year is a total of $40
let me know if you have any other questions
:)
answered
User Waleed Naveed
by
8.0k points
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