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