Question

A company has 2.4 times 10 to the 6th power shares of stock and 1.5 times the 10 to the 4th power shareholders. If each shareholder owned the same number of shares, how many shares would each shareholder own? Write your answer in scientific notation

Answer 1

Answer: 1.6 * 10² shares

Step-by-step explanation:

Number of shares company has = 2.4 * 10⁶

Number of shareholders = 1.5 * 10⁴

Number of shares each shareholder owns:

= 2.4 * 10⁶/1.5 * 10⁴

= 2.4/1.5 * 10⁶⁻⁴

= 1.6 * 10²