June's portfolio includes 177 shares of Parchar Special Effects, 213 shares of Giaco Household Goods, and 152 shares of Raxin Accounting. If Parchar Special Effects pays a yearly dividend of $8.21 per share, Giaco Household Goods pays $6.97 per share, and Raxin Accounting pays $11.44 per share, how much does June earn in dividends per year?

Question

Mylee Dorsey

Mathematics

13 September, 05:22

June's portfolio includes 177 shares of Parchar Special Effects, 213 shares of Giaco Household Goods, and 152 shares of Raxin Accounting. If Parchar Special Effects pays a yearly dividend of $8.21 per share, Giaco Household Goods pays $6.97 per share, and Raxin Accounting pays $11.44 per share, how much does June earn in dividends per year?

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Answers (2)

Know the Answer?

Matias Arroyo · Answer 1

I just finished taking the test and This one is (B) 4676.66

Isabel · Answer 2

We are given with:

177 shares of Parchar Special Effects

213 shares of Giaco Household Goods

152 shares of Raxin Accounting

$8.21 per share (Parchar Special Effects)

$6.97 per share (Giaco Household Goods)

$11.44 per share (Raxin Accounting)

The dividends per year is:

177 ($8.21) + 213 ($6.97) + 152 ($11.44) = $4,676.66