Answer:
- $855,000
- Dividend per share of common stock = $1.06
Step-by-step explanation:
1. Preferred Share dividends.
There are 300,000 preference shares and each of them got $2.85. Total dividends are;
= 300,000 * 2.85
= $855,000
2. Total dividends = $3,500,000
Dividends left for Common Shareholders (preference gets paid first)
= 3,500,000 - 855,000
= $2,645,000
Common shares number 2,500,000
Dividend per share of common stock = 
= $1.06
18% of 20000 = 3600(0.18 x 20000 = 3600)
3600 x 4 years = 14400
(original value - depreciated value in 4 years: 20000 - 14400 = 5600)
The current value of the car is at £5600
3/6 and 9/12 Hope This Helps:)
Answer:
The answer should be 0.77
Step-by-step explanation: c a l c u l a t o r
I hope this Helps :)