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8 December, 20:28

Ink, Inc. has 40,000 shares of stock outstanding. The company declares dividends of $120,000.

What is the dividend per share of stock?

If Tim Worker owns 45 shares of, stock, what is his share of the declared dividends?

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Answers (2)
  1. 8 December, 20:35
    0
    A) 120000/40000=3 per share

    B) 45*3==135
  2. 8 December, 20:48
    0
    1) $3.00 per share

    2) $135.00
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