asked 159k views
2 votes
The Hamilton Brush Company issued 2,500 shares of common stock worth $100,000.00 total. What is the par value of each share?

asked
User Appeiron
by
8.0k points

1 Answer

6 votes
$40 per share. 100,000÷2500=$40

answered
User Mima
by
8.2k points
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