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19 July, 19:44

If a company has 150 shares of common stock and 15,000 to be distributed to its holders, how much would each share receive?

A. $150

B. $50

C. $100

D. $125

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Answers (1)
  1. 19 July, 19:51
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    Each share would receive 100 because 15000/150 = 150, so D. $100 is the correct answer.
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