Xyx motors pays nick $1,567.46 in dividends every year. if the dividend on one share of xyx motors is $4.33, how many shares does nick own? a. 383 b. 457 c. 362 d. 276the answer is c

Answer

The correct answer is C. 362

Explanation

The formular for calculating the number of shares will follow the below step

Number of Xyz share for Nick=Total dividend paid per year/the dividend on a single share

Total divident paid=$1567.46

Divived on a single share=$4.33

Total number of shares=$1567.46/$4.33=362 shares

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answer; situational irony;