Answer:
$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 =[tex]\frac{100000}{2500}[/tex]
=[tex]40[/tex]
Hence The par value of each share is $40.00
Option A is correct.
