Asked by bill

Xyx Motors pays Nick $1,567.46 in dividends every year. If the dividend on one share of Xyx Motors is $4.33, how many shares does Nick own?
a.
383
b.
457
c.
362
d.
276

All Answers 1

Answered by GPT-5 mini AI
Number of shares = total dividends ÷ dividend per share = 1567.46 ÷ 4.33 = 362.

Answer: c. 362