Common stockholders would receive $800.
(100 shares x $100) 10,000 x 6% = $600 - this is the amount paid to preferred stockholders per year.
Since Custer.com also paid the dividend in arrear last year, $600 x 2yrs = $1,200 is the total amount paid to preferred stockholders this year.
Cash dividends - $2,000
Preferred sh <u>($1,200)
</u>Common sh $ 800<u>
</u>
I think the answer would be 11.85 11.94
Answer:
If log x = 2
x = 100
Step-by-step explanation:
Logarithm always has a base and an index. It can be I many forms.
It can be in base 2, 3, 4, 5, and so on.
It is a property of logarithm that if
logarithm of 'a' to base 'b' equals 'x', we write:
log_b (a) = x
Then,
a = b^x.
Usually, when a logarithm is written without a base, it tells us that it is in base 10. Instead of writing a logarithm of x to base 10,we can just write 'log x', it is sufficient to say that it is in base 10.
It can also be in the form of the Napierian Logarithm, 'ln'.
'ln x' is logarithm to base 'e'.
if ln x = 5
Then
x = e^5.
So,
log x = 2
Means logarithm of 'x' to base 10 equals 2.
x = 10^2
= 100
x = 100
