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Iteru [2.4K]
3 years ago
10

if company has 245 shares of common stock and $275,000.00 to be distributed to its holders, how much would each share receive

Mathematics
2 answers:
ser-zykov [4K]3 years ago
6 0
 <span>D. You just divide the money ($275,000) by the number of shares (245) </span>$1,122.45
SVETLANKA909090 [29]3 years ago
6 0

Answer: Each share would get $1122.45 as amount.

Step-by-step explanation:

Since we have given that

Amount is to be distributed to its holders = $275000

Number of shares of common stock = 245

According to question,

Amount each share received is given by

\frac{\text{Total amount}}{\text{ Number of shares}}\\\\=\frac{275000}{245}\\\\=\$1122.45

Hence, Each share would get $1122.45 as amount.

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