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insens350 [35]
3 years ago
6

The Hamilton Brush Company issued 2,500 shares of common stock worth $100,000.00 total. What is the par value of each share?

Mathematics
1 answer:
alexandr1967 [171]3 years ago
4 0
What we know here is that all 2500 shares together are worth 100 000 dollars in total. (it's 100 000.00 actually, but we can ignore the part after the point, as it's equal to 0).

This means that each of the shares is valid the whole sum divided by the number of shares, that is:
\frac{100000}{2500} = \frac{1000}{25} =40
(first i divided both denominator and numerator by 100)
So each value is worth 40 dolars.
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Step-by-step explanation:

The complete question has been attached as an image.

Looking at the triangle, we see a pattern. The first level we have 1, in the next level we have 1 1, the next evel we have 1 2 1, the next level we have 1 3 3 1 and so on. From here, we see that to get the numbers of the next level, we have to write 1 as the first number, then add 1 to the next number after it in the previous level to get the second number in the next level then add the second number of the previous level to the next number beside it to get the third number in the next level and so on until you get to the last number before 1 in the previous level, add that number to 1 to get the second to the last number in the next level and finally put 1 as the last number in the next level. Now, we have

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