XYZ Company declares dividends of $50,000. Samuel Smith owns 50 shares of stock. The company has sold 25,000 total shares of stock. What is Sam's share of the declared dividends?

2 answers
Question:

XYZ Company declares dividends of $50,000. Samuel Smith owns 50 shares of stock. The company has sold 25,000 total shares of stock. What is Sam's share of the declared dividends?

Answers

Samuel will get $100 from the comp

Answer:Hence, Sam's share of the declared dividends is $100.Step-by-step explanation:XYZ Company declares dividends of $50,000. Samuel Smith owns 50 shares of stock.The company has sold 25,000 total shares of stock.That means $50,000 is to be divided into 25000 so that we get the cost of 1 share.cost of 25000 shares= $50,000cost of 1 share=$ (50,000/25,000)= $ 2. Hence cost of 50 shares=$ (2×50)=$100.Hence, Sam's share of the declared dividends is $100.

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