Muliply 65 and 0.12 and get 7.8
Subtract 65-7.8 to get marked down price
57.2 is the price after markdown
Answer:
6
Step-by-step explanation:
![\sqrt[3]{216}](https://tex.z-dn.net/?f=%5Csqrt%5B3%5D%7B216%7D)
= ![\sqrt[3]{8}](https://tex.z-dn.net/?f=%5Csqrt%5B3%5D%7B8%7D)
· ![\sqrt[3]{27}](https://tex.z-dn.net/?f=%5Csqrt%5B3%5D%7B27%7D)
= ![\sqrt[3]{2}](https://tex.z-dn.net/?f=%5Csqrt%5B3%5D%7B2%7D)
³ · ![\sqrt[3]{3}](https://tex.z-dn.net/?f=%5Csqrt%5B3%5D%7B3%7D)
³ = 2 x 3 = 6
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>
That is just a bunch if multiplying so let the fun begin
$4*(5*12*24*6) = $34,560
