Yogibear66
Yogibear66 Yogibear66
  • 03-06-2017
  • Mathematics
contestada

If a company has 150 shares of common stock and $15000.00 to be distributed to its holders, how much each share receive

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mellenhouston
mellenhouston mellenhouston
  • 03-06-2017
each share is $100 because 15000/150=100 and therefore 100*150=15000
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Аноним Аноним
  • 16-08-2019

Answer with explanation:

Number of shares of common stock of a company =150

Amount of money which has to be distributed to holders= $ 15000.00

Share received by each share holders

                 [tex]=\frac{15000}{150}\\\\=100[/tex]$                  

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