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?

Question

Dean Roy

12 October, 10:10

+5

Answers (2)

Know the Answer?

Salvatore Morrison · Answer 1

A) 120000/40000=3 per share

B) 45*3==135

Ryker Hampton · Answer 2

Ryker Hampton 12 October, 11:43

0

1) $3.00 per share

2) $135.00

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?