Telson Company paid a dividend of $2.89 per share to stockholders. They had 10,000 stocks issues and outstanding. Macy owned 2,000 of these shares. How much is the cash dividend owed to all stockholders? O $28,900 Reason: Cash Dividend owed to all stockholders is Dividend per Share x total number of shares. $2.89 × 10,000 = $28,900. O $5,780 Reason: $5,780 is the cash dividend owed to Macy. The Cash Dividend owed to all stockholders is Dividend per Share × total number of shares. $2.89 × 10,000 = $28,900. O $23,120 Reason: $23,120 is the cash dividend owed to the rest of the stockholders. Cash Dividend owed to all stockholders is Dividend per Share x total number of shares. $2.89 × 10,000 = $28,900. O $2.89 Reason: $2.89 is the dividend per share. Cash Dividend owed to all stockholders is Dividend per Share x total number of shares. $2.89 × 10,000 = $28,900. Correct Answer $28,900 Next Question I Reading
Telson Company paid a dividend of $2.89 per share to stockholders. They had 10,000 stocks issues and outstanding. Macy owned 2,000 of these shares. How much is the cash dividend owed to all stockholders? O $28,900 Reason: Cash Dividend owed to all stockholders is Dividend per Share x total number of shares. $2.89 × 10,000 = $28,900. O $5,780 Reason: $5,780 is the cash dividend owed to Macy. The Cash Dividend owed to all stockholders is Dividend per Share × total number of shares. $2.89 × 10,000 = $28,900. O $23,120 Reason: $23,120 is the cash dividend owed to the rest of the stockholders. Cash Dividend owed to all stockholders is Dividend per Share x total number of shares. $2.89 × 10,000 = $28,900. O $2.89 Reason: $2.89 is the dividend per share. Cash Dividend owed to all stockholders is Dividend per Share x total number of shares. $2.89 × 10,000 = $28,900. Correct Answer $28,900 Next Question I Reading
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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im stuck
Transcribed Image Text:Telson Company paid a dividend of $2.89 per share to stockholders. They had 10,000 stocks issues and outstanding. Macy owned 2,000 of these
shares. How much is the cash dividend owed to all stockholders?
O $28,900
Reason: Cash Dividend owed to all stockholders
Dividend per Share x total number of shares. $2.89 x 10,000 = $28,90o.
$5,780
Reason: $5,780 is the cash dividend owed to Macy. The Cash Dividend owed to all stockholders is Dividend per Share x total number of
shares. $2.89 × 10,000 = $28,900.
$23,120
Reason: $23,120 is the cash dividend owed to the rest of the stockholders. Cash Dividend owed to all stockholders is Dividend per Share x
total number of shares. $2.89 × 10,000 = $28,900.
O $2.89
Reason: $2.89 is the dividend per share. Cash Dividend owed to all stockholders is Dividend per Share x total number of shares. $2.89 x
10,000 = $28,900.
Correct Answer
$28,900
Next Question
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