Plyler Cabinets Declared a Dividend of $1

question 93

Multiple Choice

Plyler Cabinets declared a dividend of $1.32 per share on May 30 to holders of record on Monday, June 12. The dividend is payable on June 16. Sara purchased 300 shares of this stock on Thursday, June 8. How much dividend income will she receive on June 12 from these shares?

• A) $0
• B) $396
• C) $167
• D) $198
• E) $132

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Definitions:

Society

A large group of individuals who live together in a structured community with shared laws, institutions, and values.

Structural Strain Theory

A sociological perspective that views social structures as sources of deviance and societal pressures that push individuals toward criminal behavior.

Robert Merton

A distinguished sociologist who contributed significantly to the sociology of science and developed the theory of social structure and anomie.

Sociological Researcher

An investigator who conducts studies to understand human behavior, social interactions, and societal structures using various methods and theoretical perspectives.