question archive A firm has $2,000,000 in its common stock account and $20,000,000 in its paid-in capital account
A firm has $2,000,000 in its common stock account and $20,000,000 in its paid-in capital account
Subject:BusinessPrice: Bought3
A firm has $2,000,000 in its common stock account and $20,000,000 in its paid-in capital account. The firm issued 500,000 shares of common stock. What is the par value of the common stock?
A) $40 per share
B) $44 per share
C) $4 per share
D) $3.00 per share
