Origitech Corp has declared a dividend of $10,000. This dividend is payable to all 100 shareholders who hold ten shares apiece. What is the dividend price per share? Not enough information $10 $1,000 $100

Origitech Corp has declared a dividend of $10,000. This dividend is payable to all 100 shareholders who hold ten shares apiece. What is the dividend price per share? Not enough information $10 $1,000 $100

Principles of Accounting Volume 1

19th Edition

ISBN:9781947172685

Author:OpenStax

Publisher:OpenStax

Chapter14: Corporation Accounting

Section: Chapter Questions

Problem 10Q: On April 2, West Company declared a cash dividend of $0.50 per share. There are 50,000 shares...

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Question

Origitech Corp has declared a dividend of $10,000. This dividend is payable to all 100 shareholders who hold ten shares apiece. What is the dividend price per share?

Not enough information

$10

$1,000

$100

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