The Waverly Brush Company issued 4,000 shares of common stock worth $200,000.00 total. What is the par value of each share?
(1) Answers
You would take 200,000.00 / 4,000 = 50 The value of each share equals $50
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You would take 200,000.00 / 4,000 = 50 The value of each share equals $50