Ask Question
11 May, 03:49

During the year you own Nike stock earn a dividend of 1.25 per share. You own 720 shares. How much did you earn in dividends? How did you arrive at your answer?

+2
Answers (1)
  1. 11 May, 06:17
    0
    900 shares

    Explanation:

    Given that

    Dividend per share = 1.25

    Number of shares owned = 720 shares

    So, the earning made due to dividend would be

    = Number of shares owned * Dividend per share

    = 720 shares * 1.25 per share

    = 900 shares

    We simply multiplied the number of shares with the dividend per share so that the correct value could come
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “During the year you own Nike stock earn a dividend of 1.25 per share. You own 720 shares. How much did you earn in dividends? How did you ...” 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