Question
a) A company issued 150,000 shares to three investors in the ratio of 2:3:5. How many
shares does each investor own?
b) If the company declares a dividend of 35 cents per share, how much (in N$) will
each investor receive?
shares does each investor own?
b) If the company declares a dividend of 35 cents per share, how much (in N$) will
each investor receive?
Answers
Pho-pho
(a) 2:3:5=10
2/10*150000=30000
3/10*150000=45000
5/10*150000=75000
(b) 30000*.35=10500
45000*.35=15750
75000*.35=26250
2/10*150000=30000
3/10*150000=45000
5/10*150000=75000
(b) 30000*.35=10500
45000*.35=15750
75000*.35=26250