asked 166k views
3 votes
the waverly brush company issued 4,000 sharesof common sotck worth $200,000.00 total. what is the par value of each share?

asked
User Rey
by
8.3k points

1 Answer

4 votes
The par value of each share is $50. x = 200,000/4,000 x = 50

answered
User Nabrond
by
8.3k points
Welcome to Qamnty — a place to ask, share, and grow together. Join our community and get real answers from real people.