Answered

If a company has 245 shares of common stock and $275,000.00 to be distributed to its holders, how

much would each share receive?

A$11,245.80
B$1,233.00
C$112.45
D$1,122.45

Verified Answer :

W0lf93

In order to find out how much money each holder should receive, simply divide the total amount to be distributed to the number of holders. So we have: 275,000/245 = 1,122.448 or ~1,122.45. So the correct answer is D.

If a company has 245 shares of common stock and $275,000.00 to be distributed to its holders, each share would receive $1,122.45. $275,000.00/245 = $1,122.45


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