Constance Corporation reported a $750,000 balance in its common stock account at the end of 2010.The company held 50,000 shares of treasury stock and had 700,000 shares outstanding.Calculate the par value per share of the company's common stock.

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The Answer of Constance Corporation reported a $750,000 balance in its common stock account at the end of 2010.The company held 50,000 shares of treasury stock and had 700,000 shares outstanding.Calculate the par value per share of the company's common stock.

Constance Corporation Reported a $750,000 Balance in Its Common Stock