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

Mathematics

2 answers:

Alex Ar [27]3 years ago

8 0

Each share is $100 because 15000/150=100 and therefore 100*150=15000

viktelen [127]3 years ago

6 0

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

$=\frac{15000}{150}\\\\=100$ $

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