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Mr. Lewis owns 200 shares of stock in the cantor company and receives $225.00 per year in dividends. How much does Mrs. Martin receive for an annual dividend is she owns 450



Answer :

Answer:

Mrs. Martin would receive $506.25 per year

Step-by-step explanation:

Let x be the amount Mrs. Martin receives per year in dividends for 450 shares.

Using the given information:

Mr. Lewis owns 200 shares and receives $225.00 in dividends per year

Mrs. Martin owns 450 shares

We can set up a proportion:

(225 / 200) = (x / 450)

Cross multiply to solve for x:

225 * 450 = 200x

101250 = 200x

x = 101250 / 200

x = $506.25

Therefore, Mrs. Martin would receive $506.25 per year in dividends if she owns 450 shares of stock in the Cantor Company.

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