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?

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= $50,000

cost 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.

you should pay $0.88

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