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What is the result of the equation 10 million divided by 10 per share?

1) 1 million shares
2) 10 million shares
3) 100,000 shares
4) 1,000,000 shares

User Duval
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Final answer:

The result of the equation 10 million divided by 10 per share is 1,000,000 shares. This means you can purchase 1,000,000 shares at a cost of 10 dollars per share with a total of 10 million dollars.

Step-by-step explanation:

To determine what 10 million divided by 10 per share equals, you would perform a straightforward division. The equation is essentially asking for the number of shares you could purchase with 10 million if each share costs 10. By dividing 10 million by 10, you get 1,000,000, indicating that you can buy 1,000,000 shares with 10 million dollars at a price of 10 dollars per share.

This type of problem is commonly seen in the context of financial mathematics or business, where you need to understand how to allocate funds based on unit costs. It's also a good example of how division is used to distribute a total amount into equal parts, in this case, to determine how many units of a stock can be purchased.

User Fabricator
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