Marks brothers is paying a dividend of 56.25 on each share. How much will PRH recieve in dividends

Question

Mathematics

Stella Castaneda

5 October, 15:22

Marks brothers is paying a dividend of 56.25 on each share. How much will PRH recieve in dividends

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Answers (1)

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Stewart · Answer 1

I'm not sure if this is correct

We are given that each share will receive a dividend equal to 56.25. In this problem, we should have been given the total number of shares that PRH has so that we can know the dividend. Anyway, the formula to calculate the dividend is:

Dividend = 56.25 * (Number of Shares)