If a Dividend of 18c Per Share Is Declared How

question 51

Multiple Choice

If a dividend of 18c per share is declared how much will a shareholder who owns 3000 shares receive if the shares were issued for $6 each and are currently selling on the stock market at $5.40 each?

• A) Nil
• B) $496
• C) $540
• D) $1800

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Definitions:

Photoreceptor Cells

Specialized neurons located in the retina that are capable of converting light into signals that can be interpreted by the brain as vision.

Innermost Tunic

The deepest layer of a structure, often referring to the inner layer of an organ or tissue, such as the eye or blood vessels.

Mechanical Deficiency

A state or condition resulting from the inadequate physical functioning of a structure or mechanism.

Spiral Organ

A structure in the cochlea of the inner ear responsible for converting sound vibrations into neural signals.