You own 50 of xenon corporation's 5500 shares. you purchased them at $75 each. the company decides to issue a dividend of 55,000. what is your roi ?

Step-by-step explanation:

Your first step is to figure out how much money each share gets. In other words, what's their cut of the dividend?

Formula

Dividend / share = Total dividend / Total number of shares.

ROI = dividend / Cost  * 100

Givens

# shares owned = 50

Total shares issued = 5500

Dividend total = 55000

Cost of 1 share = 75

Note Not all the information is needed.

Solution

dividend / share = 55000 / 5500

dividend / share = 10 dollars.

ROI = 10/75 * 100

ROI = 13.3 %

x=24

Step-by-step explanation:

We can use proportions to solve this problem

5                15

=  

8              x

Using cross products

5 * x = 8 *15

Divide by 5

5x/5 = 8*15/5

x = 8*3

x =24