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Aleks04 [339]
4 years ago
11

if a company has 150 shares of common stock and $15,000.00 to be distributed to its holders, how much would each share receive?

a. $100 b. $150 c. $125 d. $50
Business
1 answer:
MariettaO [177]4 years ago
5 0
Divide the amount to distribute by the number cf shares.

$15,000.00 / 150shares = $100/shate

Abswer: option a.
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