Mathematics, 06.05.2020 02:37 collinedwards5011

Jewel, Tracy, and Sam are friends who jointly own 14 of AB PLC total outstanding shares. AB PLC has a total of 100,000 shares outstanding, and the current share price is $5. At the end of the year, the company's total earnings were $250,000. What is the total value of the shares held by the three friends?

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Jewel, Tracy, and Sam are friends who jointly own 14 of AB PLC total outstanding shares. AB PLC has...