Answer: 24
Step-by-step explanation:
The mean is the average.
To find the mean, you add up all the numbers, and then divide by the number of numbers.
:P
<h2>
Answer:</h2><h2>
Free distributable dividend = $ 27000</h2>
Step-by-step explanation:
There are 7,500 shares of $10 par value participating 9 percent preferred stock outstanding, and 32,500 shares of common stock outstanding. Therefore,
dividend paid to common stockholder =32500(0.50) = $ 16250
Preferred Stock dividend= 7500 (10) (0.09) = $ 6750
considering total dividend paid $ 50000 includes preferred dividend,then free distributable dividend = 50000 - 16250 - 6750 = $ 27000
The correct answer is B.1
No
Explanation: 6/5 is equivalent to 1 1/5
which is greater than 1, so 1 is less than 6/5
