Answer:
Step-by-step explanation:
1. DPS = dividends / # of shares
= 40M / 500K
= Php80.00
2. Amount of stock:
= 1K par value per share x 200 shares
= 200K
Amount of dividend:
= 5% x 200K
= Php10,000.00
Hope it helps.
#CarryOnLearning
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Answers & Comments
Answer:
Step-by-step explanation:
1. DPS = dividends / # of shares
= 40M / 500K
= Php80.00
2. Amount of stock:
= 1K par value per share x 200 shares
= 200K
Amount of dividend:
= 5% x 200K
= Php10,000.00
Hope it helps.
#CarryOnLearning