A certain company expects quarterly earnings of …0.04 per share for each…

A certain company expects quarterly earnings of $0.80 per share of stock, half of which will be distributed as dividends to shareholders while the rest will be used for research and development. If earnings are greater than expected , shareholders will receive an additional $0.04 per share for each additional $0.10 of per share earnings. If quarterly earnings are $1.10 per share, what will be the dividend paid to a person who owns 300 shares of the company's stock?

AQuA-RAT — Algebra Question Answering with Rationales (Ling et al., DeepMind, 2017) · train #6808