A man’s stack earned 148000000. If these earnings represent 1.13 per share, how many shares of stack are there?
Let N equal the number of shares. If there earnings represent 1.13, than 148000000 equals the number of shares, N, multiplied by 1.13
Write the information in symbols.
148000000 = 1.13 N
Solve the equation. Divide both sides by 1.13
Therefore, the man has 130973451.3 shares of stock.