Eagles Stock

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Frequently Asked Questions...

Please help with stocks and linear systems!?

The dividend on 750 shares of Purple Eagle stock is $2625 per year. What is the dividend on 285 shares of the same stock?

I don't understand the terminology - what do you mean "dividend" ? What do you mean by "shares" ?


Best Answer...

Answer:

dividend is like profit that you make. shares are how many of the stock certificates you own.
it is simple ratio problem. compare shares to dividends.
In fraction form 750/2625 = 285 / x or in ratio form 750:2625 = 285:x The property of proportions says the product of the means equals the product of the extremes (cross multiply) and get
750x = 748125 divide by 750 and get
x = 997.5


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