Answered

June’s portfolio includes 177 shares of parchar special effects, 213 shares of giaco household goods, and 152 shares of raxin accounting. if parchar special effects pays a yearly dividend of $8.21 per share, giaco household goods pays $6.97 per share, and raxin accounting pays $11.44 per share, how much does june earn in dividends per year? a. $4,449.82 b. $4,676.66 c. $3,777.74 d. $6,200.48

Answer :

SHUBHAMCHOUHANVRVTGO

June's earning in dividends per year will be  $4676.66

What will be junes earning?

Earnings are the profit that a company produces in a specific period, usually defined as a quarter or a year. After the end of each quarter

It is given in the question that:

No. of shares of Parchar Special Effects = 177

If Parchar Special Effects pays a yearly dividend of $8.21 per share

So, It pays a yearly dividend for 177 shares

= [tex]177\times 8.21=1453.17[/tex]

                                                           

No. of shares of Giaco Household Goods = 213

Giaco Household Goods pays $6.97 per share

So, It pays a yearly dividend for 213 shares

= [tex]213\times6.97=1484.61[/tex]

No. of shares of of Raxin Accounting= 152

Raxin Accounting pays $11.44 per share

So, It pays a yearly dividend for 152shares

= [tex]152\times 1.44=1738.88[/tex]

So,June earn in dividends per year

=[tex]1453.17+1453.17+1738.88=4676.66[/tex]                

Hence June earn $4676.66 dividends per year

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Answer:

B

Step-by-step explanation:

$4,676.66

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