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?

Question

Mathematics

David Daniels

23 August, 12:23

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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Miya Bell · Answer 1

If there are a total of 150 shares of common stock that total $15,000.00 total, you will need to divide the total price by the number of shares to determine the price per share. In this example, it would be as follows: $15,000.00/150 shares = $100/share. Each share would receive $100.