Three workers Mr. Asiedu. Mi Amoako and Mr. Arlow hold 120, 200 and 40 shares respectively in their Company. A total dividend of
$18,000.00 is paid to the three workers in the same ratio as their shares. How much does each shareholder
receive ?
1 answer:
Answer:
Step-by-step explanation:
total shares 120 + 200 + 40 = 360
Asiedu (120/360)18000 = $ 6000.00
Amoako (200/360)18000 = $ 10000.00
Arlow ( 40/360)18000 = $ 2000.00
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