A dividend of $3060 is to be distributed among three shareholders in the ratio of shares held.

Question:

A of $3060 is to be distributed among three shareholders in the ratio of shares held. If the three shareholders have nine shares, two shares, and one share respectively, how much does each receive?
Dividend
A dividend is a distribution of a portion of company’s earnings, decided and managed by the company’s board of directors, and paid to the shareholders. Dividends are given on the shares. It is a token reward paid to the shareholders for their...