164k views
3 votes
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
by
6.7k points

1 Answer

1 vote
15,000.00 divided by 150 is 100 so each share would receive 100 dollars.
User Clorichel
by
6.7k points