A man owned 75 shares of stock worth $50 each the corporation declared a dividend of 8% payable in stock how many shares did he then own

81 shares

Step-by-step explanation:

Data provided in the question

Number of shares owned = 75 shares of stock

Per share value = $50

Dividend declared = 8%

Based on the above information. the number of shares owned is

= 81 shares

We simply added the number of shares owned and the number of shares owned after considered the dividend declared percentage so that the correct shares owned could arrive

is means division by fractions

step-by-step explanation:

step-by-step explanation:

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