Can anyone help me w this acellus question
2 answers:
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A.
To get dividend per share, we need to divide total dividend by total numbers of shares outstanding.
Dividend per share = dollars.
B.
Since per share you get $0.8, for 100 shares you will get dollars.
Also, that is percent of the total dividends.
ANSWER:
A. $0.8 per share
B. $80 (and that is 0.2% of total dividend)
Although the information has been presented in a baffling way in this question, but I think I understood the expressions.
We have been given that price of monster truck is x dollars and there is an 13% monster truck tax.
We can express the monster truck tax amount as.
Therefore, the total amount including tax will be .
We can now match each statement with its equivalent expression as shown below
The price of Camacho’s new truck before tax = x
The amount of tax Camacho pays = 0.13x
Camacho’s total bill for the monster truck = 1.13x
None of these = 0.87x