Question

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

Answer 1

D. You just divide the money ($275,000) by the number of shares (245) $1,122.45

Answer 2

Answer: Each share would get $1122.45 as amount.

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}}\\\\=(275000)/(245)\\\\=\$1122.45`

Hence, Each share would get $1122.45 as amount.