Sunday, December 27, 2009

The Hamilton Brush Company issued 2500 shares of common stock worth 10000.00 total. What is the par value of?

$4The Hamilton Brush Company issued 2500 shares of common stock worth 10000.00 total. What is the par value of?
If there is no additional paid-in capital, then the answer is $10,000/2,500sh. = $4/sh.The Hamilton Brush Company issued 2500 shares of common stock worth 10000.00 total. What is the par value of?
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