If Rob receives $4,585.75 in annual dividends, the number of shares of Agram Imports that Rob owns is <u>D. 441 shares</u>.
<h3>What is a dividend?</h3>
A dividend is the distribution of cash or stock that a company makes to its stockholders periodically.
Dividends are usually based on a dividend payout ratio, determined by the Board of Directors of the company.
<h3>Data and Calculations:</h3>
Dowc Beverage Co. Agram Imports
Dividend per share $6.52 $5.15
Number of shares x x+ 86
Number of shares 355 (441 - 86) 441 (355 + 86)
Total dividend received $2,314.60 ($4,585.75 - $2,271.15)) $2,271.15
which is equivalent to $2,314.60 ($355 x $6.52)
Assuming total shares from Agram Imports to be 441, the total dividends will be $2,271.15 ($5.15 x 441), and, the dividend from Dowc Beverage Co. will be $2,314.60 and the number of shares will be 355 ($2,314.60/$6.52), which is 86 less than the shares in Agram Imports.
Thus, if Rob receives $4,585.75 in annual dividends, the number of shares of Agram Imports that Rob owns is <u>D. 441 shares</u>.
Learn more about dividends at brainly.com/question/3161471
#SPJ4
