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

51. The Hamilton brush Company issued 2 500 shares. The total stock worth is 100 000. Now, the question here is what is the par value of each share? meaning, if wea re going to divide the 100 000 total amount, how much will it cost for each share. = > Divide 100 000 by 2 500 = > 100 000 / 2 500 = > 40, thus each shares has a par value of 40 in total