Question

The Waverly Brush Company issued 4,000 shares of common stock worth $200,000.00 total. What is the par value of each share?

Answer 1

what you have to do for this is to divide the total worth ($200,000.00) by the number of shares.

So this means that we need to count:

200 000 ÷4 000

here's a trick:
if you divide two numbers with many 0s at the end, you can always erase the SAME mount of 0s at the end (this is equivalent to dividing by 10).

so
200 000 ÷4 000

is equivalent to :

200 ÷4

which is 50! (4*50=200)

so the answer is that each share was worth 50 dollars.

Answer 2

The par value of each share is $\boxed{\ 50}$ if the Waverly Brush Company issued 4,000 shares of common stock worth $200,000.00 total.

Further Explanation:

Given:

The Waverly Brush Company issued 4,000 shares.

The common stock worth is $\ 200000.$

Calculation:

The given worth of the common stock is $\ 200000.$

The total number of shares that Waverly Brush Company issued is 4,000.

The par value of each share can be calculated as follows,

$\begin{aligned}{\text{Par value}} &= \frac{{200000}}{{4000}}\\&= \frac{{200}}{4}\\&= \ 50\\\end{aligned}$

The value of each share is $\ 50.$

The par value of each share is $\boxed{\ 50}$ if the Waverly Brush Company issued 4,000 shares of common stock worth $200,000.00 total.

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Answer details:

Grade: High School

Subject: Mathematics

Chapter: Conic sections

Keywords: company, issue, 4000 share, shares, common stock, stock amount, par value share amount, worth, Waverly Brush Company, market value, par value.