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a certain company was formed by 4 shareholders each of whom owns 4 500 6 200 7 500 and 5 300 shares respectively if the co

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A certain company was formed by 4 shareholders, each of whom owns 4,500, 6,200, 7,500, and 5,300 shares, respectively. If the company is worth US$14,570,000, how much of this money will each shareholder get when the company is sold?

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Answer to a math question A certain company was formed by 4 shareholders, each of whom owns 4,500, 6,200, 7,500, and 5,300 shares, respectively. If the company is worth US$14,570,000, how much of this money will each shareholder get when the company is sold?

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95 Answers

\text{Total Shares} = 4500 + 6200 + 7500 + 5300 = 23500

\text{Share Value} = \frac{14570000}{23500} = 620

\text{Shareholder 1's Worth} = 4500 \times 620 = 2790000

\text{Shareholder 2's Worth} = 6200 \times 620 = 3844000

\text{Shareholder 3's Worth} = 7500 \times 620 = 4650000

\text{Shareholder 4's Worth} = 5300 \times 620 = 3286000

Answers:

2790000

3844000

4650000

3286000

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