Using the table below, determine how much you will receive in dividends for the year from Cisco Systems given that you currently hold 100 shares.

Using the table below determine how much you will receive in dividends for the year from Cisco Systems given that you currently hold 100 shares class=

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Answer: A. $15

Step-by-step explanation:

The amount you will receive in dividends for the year from Cisco Systems given that you currently hold 100 shares is:$15.

Dividend

Using this formula

Amount=Dividend (Div)×Number of shares

Where:

Dividend=0.15

Number of shares=100

Let plug in the formula

Amount=0.15×100

Amount=$15

Therefore the amount you will receive in dividends for the year from Cisco Systems given that you currently hold 100 shares is: $15.

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