Question

A company declared $500,000 of dividends that will be paid two months from now. What is the amount of dividends declared by the company?

1) $500,000
2) $50,000
3) $5,000
4) $500

Answer 1

The amount of dividends declared by the company is $500,000.

Step-by-step explanation:

The amount of dividends declared by the company is $500,000. Dividends are payments made by a company to its shareholders, typically in the form of cash or additional shares. In this case, the company has declared $500,000 of dividends that will be paid two months from now.