Respuesta :
The total amount she received in dividend check would D. $103.40
Answer : The correct option is, (D) $103.40
Explanation :
Dividend : It is defined as the payment of a periodic amount against the money invested by the stockholders of the company.
That means,
Total amount of dividend = Number of shares x Dividend paid per share
Given:
Number of shares = 220
Dividend paid per share = $0.47
So,
Total amount of dividend = Number of shares x Dividend paid per share
Total amount of dividend = 220 x $0.47
Total amount of dividend = $103.40
Thus, the total amount she received in her dividend check for this quarter is, $103.40
