If dividends declared per share during 2008 (the base year),2009,and 2010 are $2.40,$1.80,and $3.84,respectively,the index numbers assigned to 2009 and 2010,respectively,are

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Quizplus · Accepted Answer

The index number for a given year is calculated by dividing the dividend of that year by the base year dividend and then multiplying by 100. For 2009: ($1.80 / $2.40) * 100 = 75. For 2010: ($3.84 / $2.40) * 100 = 160.

If Dividends Declared Per Share During 2008 (The Base Year),2009,and