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Lena [83]
3 years ago
12

Chuck's Computer Corporation has 10,000 shares of stock outstanding. If it declares dividends of $15,000, what is the dividend p

er share of stock? What would be your share of the declared dividend if you owned 50 shares?
Mathematics
2 answers:
Amanda [17]3 years ago
8 0
Dividend per share
15,000÷10,000
=1.5
your share of the declared dividend if you owned 50 shares
1.5×50
=75
strojnjashka [21]3 years ago
8 0

Answer:

$75.00

Step-by-step explanation:

Chuck's Computer Corporation has 10,000 shares of stock outstanding.

It declares dividend of = $15,000

The dividend per share of stock = 15,000 ÷ 10,000 = $1.50 per share

If you owned 50 shares.

The value of the dividend of 50 shares  = 1.50 × 50 =  $75.00

The value of the dividend of your 50 shares would be $75.00

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