how to calculate no of alloted share if it is coming in decimal
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Answer:
If you know the market cap of a company and you know its share price, then figuring out the number of outstanding shares is easy. Just take the market capitalization figure and divide it by the share price. The result is the number of shares on which the market capitalization number was based.
Explanation:
The number of shares have to be whole numbers while the face value of share may or may not contain decimals.
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