Zeller, Inc., has 50,000 shares of stock outstanding. Zeller declares a dividend of $480,000. What is the dividend per share?
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The number of plates is an illustration of permutation and combination
The number of plates is 2592
<h3>How to determine the number of plates</h3>The range is given as: AVVJ 144 To: BVNP 199 (exclusive)
From the range, we have the following highlights:
- The first letter can be either A or B (i.e. 2 letters)
- The second letter can be only V (i.e. 1 letter)
- The third letter can be from W to M (24 letters)
- There are 54 numbers between 144 and 199
The number of plates (n) is then calculated as:
Evaluate the product
Hence, the number of plates (n) is 2592
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