A man owns 50 shares of stock worth $30 each. The corporation declared a dividend of 6% payable in stock. How many shares did he then own?

9514 1404 393

  53 shares

Step-by-step explanation:

If we assume the price remained constant, then the number of shares increased by 6%.

  (50 shares)(1 +6%) = 53 shares

The man then owned 53 shares.

let's solve your equation step-by-step.

24−3x=−27

step 1: simplify both sides of the equation.

24−3x=−27

24+−3x=−27

−3x+24=−27

step 2: subtract 24 from both sides.

−3x+24−24=−27−24

−3x=−51

step 3: divide both sides by -3.

−3x

−3

=

−51

−3

x=17

answer:

x=17

step-by-step explanation:

mark brainliest and have a great day!

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