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

A. $25.00
B. $400.00
C. $40.00
D. $250.00

Respuesta :

You would divide the total amount of $100,000.00 by the number of shares 2,500 to get the solution of $40.00 per share