Question

if the total number of shares is 78000 and Mark Brothers is paying dividends of $56.25 on each share How Much will PRH receive in dividends if the hold 19%

Answer 1

Answer:

$ 833625

Step-by-step explanation:

if the total number of shares is 78000 and Mark Brothers is paying dividends of $56.25 on each share How Much will PRH receive in dividends if the hold 19%

Total Number of Shares = 78000

PRH holds = 19 %

19 % of 78000  = (19/100) * 78000 = 14820

PRH holds = 14820 shares

Dividend Per share = $ 56.25

Amount PRH receive = 14820 * 56.25 = $ 833625