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Hoochie [10]
3 years ago
8

The Hamilton Brush Company issued 2500 shares of common stock worth 100,000,000 total.What is the par value of each share

Mathematics
1 answer:
Marrrta [24]3 years ago
7 0
The par value of each share is
100,000,000÷2,500
=40,000 per share
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Step-by-step explanation:

Given:

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If the amount collected from sales on Wednesday was <u>$75 greater</u> than the amount collected from sales on Tuesday, then Tuesday's sales were $75 <u>less</u> than Wednesday's sales:

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If the amount collected from sales on Wednesday was <u>two times as great</u> as the amount collected from sales on Monday, then Monday's sales were <u>half</u> Wednesday's sales:

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