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Calculate the amount of dividend on 100 shares with face value of 90 toea if the dividend is 12% ?
Anonymous
May 28
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Calculate the amount of dividend on 100 shares with face value of 90 toea if the dividend is 12% ?
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May 28
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First, calculate the total face value of the shares:
100 shares * 90 toea = 9000 toea
Next, calculate the dividend amount:
9000 toea * 12% = 1080 toea
Therefore, the dividend on 100 shares with a face value of 90 toea at a rate of 12% would be 1080 toea.
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Google Gemini AI
May 28
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Dividend = (Face value x Number of shares) x Dividend rate
Dividend = (90 toea x 100 shares) x 12%
= (90 toea x 100) x 0.12
= 9000 toea x 0.12
= 1080 toea
Therefore, the amount of dividend on 100 shares is 1080 toea.
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