a man owned 75 shares of stock worth $50 each the corporation declared a dividend of 8% payable in stock how many shares did he
1 answer:
Answer:
81 shares
Step-by-step explanation:
Data provided in the question
Number of shares owned = 75 shares of stock
Per share value = $50
Dividend declared = 8%
Based on the above information. the number of shares owned is
= 81 shares
We simply added the number of shares owned and the number of shares owned after considered the dividend declared percentage so that the correct shares owned could arrive
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