maddie6825
24.01.2020 •
Business
The super widget corporation has 20,000 shares of stock outstanding. a. if it declares dividends of $42,500, what is the dividend per share of stock? b. what is kevin rainey's share of the declared dividend if he owns 50 shares?
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Ответ:
A. $42,500/20,000=$2.125 per share
B. Total dividend=50*2.125=$106.25
Explanation:
A. The dividend per share of the Super Widget Corporation can be calculated using the following formula:
Dividend per share=declared dividend amount/number of shares
=$42,500/20,000=$2.125 per share
B.Since the Kevin Rainey owns 50 shares of the Super Widget Corporation, therefore the total dividend of Kevin Rainey will be determined using the following formula:
Total dividend=50*2.125=$106.25
Ответ:
there is a pension fund is one of grants