mishab93 mishab93

28-08-2018
Mathematics

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The waverly company issued 4,000 shares of common stock worth 200,000.00 total. What is the par value of each share?

Respuesta :

MrGumby MrGumby

06-09-2018

The value per share is 50 per share.

In order to find this, you take the total value of the stock and then divide by the number of shares.

200,000/4,000 = 50.

Therefore, it is 50 per share.

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