Zeller, Inc., has 50,000 shares of stock outstanding. Zeller declares a dividend of $480,000. What is the dividend per share?
0.10
0.96
9.60
10.00

Question

25-02-2016
Mathematics

contestada

Zeller, Inc., has 50,000 shares of stock outstanding. Zeller declares a dividend of $480,000. What is the dividend per share?
0.10
0.96
9.60
10.00

Respuesta :

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meerkat18 meerkat18 · Answer 1 · 2016-03-04T21:04:50+01:00

meerkat18 meerkat18

04-03-2016

Given:
50,000 shares of stock outstanding
$480,000 dividend

This is just a simple division problem, we divide the total amount by the number of shares that earns a dividend.

$480,000 ÷ 50,000 = $9.60 dividend per share.

Answer Link

Zeller, Inc., has 50,000 shares of stock outstanding. Zeller declares a dividend of $480,000. What is the dividend per share? 0.10 0.96 9.60 10.00

Respuesta :

Otras preguntas

Zeller, Inc., has 50,000 shares of stock outstanding. Zeller declares a dividend of $480,000. What is the dividend per share?
0.10
0.96
9.60
10.00