Ask Question
25 November, 23:13

James hayes owns 510 shares of ohio utility preferred stock. if this preferred stock issue pays $3.50 per share, what is the total dollar amount mr. hayes will receive in one year?

+4
Answers (1)
  1. 26 November, 00:48
    0
    The total amount of the dividends that Mr. James Hayes will receive in one year is $1785 total dividend.

    The formula to get the total dividend is simply multiply the shares by stock issue per share. In this question we have 510 shares and stock issue pay $3.50 per share.

    $3.50 per share * 510 shares = $1785 Total dividends
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “James hayes owns 510 shares of ohio utility preferred stock. if this preferred stock issue pays $3.50 per share, what is the total dollar ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers