Answered: A stock pays an annual dividend of…

A stock pays an annual dividend of ₱4.50/share. How much dividend is paid to a shareholder who has 1, 500 shares of the company stocks? a. ₱6, 570 b. ₱6, 750 c. ₱5, 576 d. ₱5, 675

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Question

A stock pays an annual dividend of ₱4.50/share. How much dividend is paid to a shareholder who has 1, 500 shares of the company stocks?

₱6, 570

₱6, 750

₱5, 576

₱5, 675

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