Yogibear66
Yogibear66 Yogibear66
  • 03-06-2017
  • Mathematics
contestada

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

Respuesta :

mellenhouston
mellenhouston mellenhouston
  • 03-06-2017
each share is $100 because 15000/150=100 and therefore 100*150=15000
Answer Link
Аноним Аноним
  • 16-08-2019

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

                 [tex]=\frac{15000}{150}\\\\=100[/tex]$                  

Answer Link

Otras preguntas

We elect a U.S. Senator for how many years?
We elect a U.S. Representative for how many years?
Who invented hunting?
Which class of organic compounds contains nitrogen? (I) aldehyde (2) alcohol (3) amine (4) ether
What is an amendment?
True or False? The segments below could form a triangle. A________C is 9 C_____B is 4 B_______________A is 15
An art gallery has 9 paintings to display along a hallway. How many different ways can they choose and display 6 of the paintings?
Equal amounts or ethanol and water are mixed at room temperature and at 101.3 kPa. Which process is used to separate ethanol from the mixture? (1) distillation
Under our Constitution, some powers belong to the states. What is one power of the states?
a horse moves a sleigh 1.00 kilometers by applying a horizontal 2000 Newton force on its harness for 45 minutes. what is the power of the horse?