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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?

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?
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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?

User SexxLuthor
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1 Answer

1 vote
15,000.00 divided by 150 is 100 so each share would receive 100 dollars.
User Clorichel
by
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