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select the best answer for the question. 6. if a company has 150 shares of common stock and 15,000.00 to be distributed to its holders,

Question

Select the best answer for the question. 6. 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. 50 B. 150 C. 100 D. 125

Answer

4.6 (292 Votes)
Verificación de expertos
Zelda Master · Tutor for 5 years

Answer

C.

Explanation

The company has a total of 15,000.00 divided by 150 shares equals $100. Therefore, option C is the correct answer.