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The Super Widget Corporation has 20,000 shares of stock outstanding.

a. If it declares dividends of $42,500, what is the dividend per share of stock? $
a0 per share

b. What is Kevin Rainey's share of the declared dividend if he owns 50 shares? $

Respuesta :

Astridadia

Answer:

Step-by-step explanation: 1A.  $120,000 divided by 40,000 = $3.00 per share

1b.   45 shares x $3.00 = $135.00

2a. Do it the same way

3.  Do it the same way

4a.  Do it the same way  The answer is $1.37

4b.   $6.85 divided by $1.37 = 5

Urm Hope this helped have a good day!

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