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7 September, 20:54

Patsy Banz owns 220 shares of General Mills Corporation. For the last calendar quarter, General Mills Corporation paid $0.47 a share. What is the total amount she received in her dividend check for this quarter?

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  1. 7 September, 20:56
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    The aggregate amount received for the quarter amounts to $103.4

    Explanation:

    The computation of aggregate amount received for the quarter is as follows:

    Aggregate amount received for the quarter = Number of Shares owned * Price Paid per share

    where

    Number of Shares owned is 220 shares

    Price paid per share is $0.47 per share

    Putting the values above:

    = 220 * $0.47

    = $103.4
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Home » Business » Patsy Banz owns 220 shares of General Mills Corporation. For the last calendar quarter, General Mills Corporation paid $0.47 a share. What is the total amount she received in her dividend check for this quarter?
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