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15-08-2016
Business

Answered

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? a. $100 b. $150 c. $125 d. $50

Verified Answer :

Edufirst Edufirst

21-08-2016

Divide the amount to distribute by the number cf shares.

$15,000.00 / 150shares = $100/shate

Abswer: option a.

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