The Waverly Brush Company issued 4,000 shares of common stock worth $200,000.00 total. What is the par value of each share? A. $40 B. $500 C. $400 D. $50
The Waverly Brush Company issued 4,000 shares of common stock worth $200,000.00 total. $50 is the par value of each share.
200 000/4000 = 50
50 x 4000 = 200 000
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Asked 8/17/2021 2:37:51 AM
Updated 6/20/2022 1:33:48 AM
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