[tex]\mathcal{PROBLEM:}[/tex]
- 1. A certain financial institution declared a P 30 000 000 dividend for the common stocks. If there are a total of 700 000 shares of common stock, how much is the dividend per share?
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[tex]\mathcal{ANSWER:}[/tex]
- [tex]{\large{\underline{\boxed{\sf{\red{=42.86\:is \:the\: dividend\: per\: share.}}}}}}[/tex]
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[tex]\mathcal{SOLUTION:}[/tex]
[tex]\small{ \tt \purple{Dividend\:per\: share=\frac{Dividend }{Common\: stock} }}[/tex]
[tex]\small{ \tt \purple{30,000,000 \div 700,000=42.86}}[/tex]
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