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. $40.00
b. $250.00
c. $400.00
d. $25.00

$40.00

Step-by-step explanation:

Given:2,500 shares of common stock

          $100,000.00 total value

To Find :the par value of each share.

Solution:

Definition: Par value is the value written on each certificate of stock.

No. of shares = 2500

Total value = $100,000.00

So,  par value of each share =

                                                =

Hence The par value of each share is $40.00

Option A is correct.

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x = 23.78

step-by-step explanation: