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Mashutka [201]
3 years ago
11

. Micro Office Products has issued 5,000 shares of cumulative preferred stock that will earn dividends at $2.38 per share; it ha

s also issued 12,000 shares of common stock. $110,000 is available for dividends. What is the dividend per share of common stock?
Mathematics
1 answer:
Lapatulllka [165]3 years ago
3 0
110000 is the total dividends of both preferred stock and common stock
So we need to find the dividend per share common stock

First find the total dividends of preferred stock
5,000×2.38=11,900


Subtract the total dividends of preferred stock for the total dividends to find the total dividends of common stock
110,000−11,900=98,100

Finally divide the total dividends of common stock by the number of common stock to find the dividend per share of common stock
98,100÷12,000=8.175....answer

Hope it helps!
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The number of possibilities for the first one is 50 choose 5, and the number of possibilities for the second one is 60 choose 6. Since 50 choose 5 is 2118760 and 60 choose 6 is 50063860. There are less possible outcomes for state "A" and therefore you have a higher chance of winning.
3 0
3 years ago
When someone donated 14 gallons of paint to Rosendale Elementary School, the fifth grade decided to use it to paint murals. They
Naddika [18.5K]

Answer:

Answered

Step-by-step explanation:

Total amount of paint = 14 gallons

the paint was distributed equally among 4 classes

a. therefore each class would get \frac{14}{4} gallons of paint

= 3\frac{1}{2} gallons each

b.Three classes will use 3× paint of each class

= 3\times3\frac{1}{2}= 10(1/2) gallons

c. 4 student paint 30 square-foot wall the each student would paint

\frac{30}{4} = 7(1/2) square-foot wall.

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6 0
3 years ago
WHAT IS THE LENGTH!!!
Murljashka [212]

The figure is a trapezoid (or trapezium), and the exact length of the trapezoid is 5 units

<h3>How to determine the length?</h3>

The figure is a trapezoid with the following parameters:

Area = 107.95

Base= 12

Height = 12.7

Length = x

The area of a trapezoid is:

Area = 0.5 * (Base + Length) * Height

So, we have:

0.5 * (12 + Length) * 12.7 = 107.95

Evaluate the product

(12 + Length) * 6.35 = 107.95

Divide both sides by 6.35

12 + Length = 17

Subtract 12 from both sides

Length =  5

Hence, the length of the trapezoid is 5 units

Read more about areas at:

brainly.com/question/24487155

#SPJ1

6 0
2 years ago
Does the graph represent a function?
fomenos

Hey there!

No, the graph is not a function because it has two of the same inputs, (7, -6) and (7, -7).

It also can't be a linear function because the graphs are not pointed to form a straight line.

Hope this helps!

Have a great day!

8 0
3 years ago
Read 2 more answers
Write a compound inequality to represent all of the numbers between -4 and 6.
Papessa [141]
-4 < x < 6 is ur compound inequality
4 0
3 years ago
Read 2 more answers
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