a company has 95,000 shares of stock to sell. A stock broker decides to buy 150 shares of the stock for each of her 250 clients.

Question

3 years ago

11

How many shares will the company have left to sell after the stockbroker makes her purchase?

2 answers:

Ivahew [28] · Answer 1 · 2022-07-20T05:27:45+03:00

8 0

There would be 57,500 shares left to sell

Nat2105 [25] · Answer 2 · 2022-07-20T07:24:02+03:00

Answer:

57,500 shares will the company have left to sell after the stockbroker makes her purchase.

Step-by-step explanation:

A company has 95,000 shares of stock to sell.

A stock broker decides to buy 150 shares for each of her 250 clients.

For each 250 clients 150 shares = 250 × 150 = 37,500

Stock broker needs 37,500 shares of stock

After broker's purchase = 95,000 - 37,500 = 57,500

57,500 shares