A corporation was paying a $2.10 annual dividend. The stock underwent a 3-for-2 split. What is the new annual dividend per share?

The right solution is "$1.4". A further explanation is given below.

Step-by-step explanation:

The given values are:

The annual dividend the corporation paying,

= $2.10

It underwent,

= 3 for 2 split

So that the no. of share increased by multiplying factor,

=

Now,

The annual dividend per share will be:

=

=

= ($)

38.5

step-by-step explanation:

lets say, first number = r

second number = 3r+7

total = 49

(r)+(3r+7)= 49

4r+7 = 49

4r = 42

r = 42/4

r= 10.5

3r+7 = 3(10.5)+7 = 38.5

hope this

associative property hopes this ! : )

step-by-step explanation: