Chuck's computer corporation has 10,000 shares of stock outstanding.

if it declares dividends of $12,000, what is the dividend per share of stock?

what would be your share of the declared dividend if you owned 50 shares?

Divident per share =

We know total dividend amount is $12,000 and number of shares is 10,000. Dividend per share is dollars.

How much will someone with 50 shares get?

If 1 share gets $1.2 as dividend, 50 shares will get dollars as dividend.

Furthermore, how much is $60 out of total $12,000 (in dividends)? We divide 60 by 12,000 and then multiply by 100.

percent.

Dividend per share is $1.2

For owning 50 shares, he/she should get $60 (which is 0.5% of original)

change of stock price/initial stock price on friday * total stock value = change of stock value

0.89/73.73 *x = 42.72

x=3539.04 = total stock value at initial stock price on friday .

total stock value at initial stock price on friday/ initial stock price on friday = number of shares

3539.04/73.73 = 48 shares

they own 48 shares of this stock