12. The Waverly Brush Company issued 4,000 shares of common stock worth $200,000.00 total. What is the par value of each share? A. $400 B. $500 C. $40 D. $50 User: 13. All insurance is based on a principle called A. division of risk. B. investment premiums. C. cash value coverage. D. premium earnings.
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Home » Business » 12. The Waverly Brush Company issued 4,000 shares of common stock worth $200,000.00 total. What is the par value of each share? A. $400 B. $500 C. $40 D. $50 User: 13. All insurance is based on a principle called A. division of risk. B.