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

Responsive Ad Header

Question

Grade: Education Subject: mathematics
The waverly company issued 4,000 shares of common stock worth 200,000.00 total. What is the par value of each share?
Asked by:
116 Viewed 116 Answers

Answer (116)

Best Answer
(218)

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.