Michelle smith bought 30 shares of james company stock at $34 per share. the company paid annual dividends of $0.42 per share. what is the total annual dividend? show work a) 9.78 b) 12.60 c) 1.69 d) 11.97

The right option is B) 12.60

Step-by-step explanation:

We have given,

Number of shares = 30

Cost of each share = $34

Total cost of shares = 30 × 34 = $1020

Since the company paid annual dividends of $0.42 per share.

i.e Total annual dividend company paid = 0.42 × 30

Total annual dividend company paid = $ 12.60

Hence the right option is B) 12.60

24/56=hx^7

step-by-step explanation: