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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
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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?

User Whla
by
8.0k points

2 Answers

4 votes
A)120000/40000=3 per share
B)45*3==135
User Ihor Ivasiuk
by
8.0k points
4 votes
1) $3.00 per share
2) $135.00
User Chetan Singhal
by
8.4k points
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