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solmaris [256]
3 years ago
8

XYZ Company declares dividends of $50,000. Samuel Smith owns 50 shares of stock. The company has sold 25,000 total shares of sto

ck. What is Sam's share of the declared dividends?
A. $100.00
B. $500.00
C. $1,000.00
D. $5,000.00
Mathematics
2 answers:
sweet [91]3 years ago
7 0
50000/25000=2 per share
50*2=100
Anastaziya [24]3 years ago
3 0

Answer:

The answer is option A : Sam will receive $100.

Step-by-step explanation:

XYZ Company declares dividends of $50,000.

The company has sold 25,000 total shares of stock.

So, the cost of 1 share = \frac{50000}{25000}=2 dollars

Given is - Samuel Smith owns 50 shares of stock.

Hence cost for 50 shares = 2\times50=100 dollars

Hence, the answer is option A : $100.

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