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tangare [24]
3 years ago
15

Jimmy had $4.52 to spend. He found something he wanted to buy for $6.21. How much would he need to borrow from his friend to mak

e his purchase?
Mathematics
2 answers:
Inessa05 [86]3 years ago
6 0
He would need to borrow $1.69
Verdich [7]3 years ago
6 0

Answer:

$1.69

Step-by-step explanation:

If he wants to buy something for $6.21 but he only has $4.52, we need to find out the difference between $6.21 and $4.52.

For that, we have to subtract the smallest number from the biggest, that is

$6.21 - $4.52 = $1.69

Therefore, he would need to borrow $1.69 from his friend.

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Chen rode his skateboard 3 1/4 miles in 1/3 of an hour. What was his average speed in miles per hour
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Answer:

9.75 mph

Step-by-step explanation:

3 1/4 ÷ 1/3 = 9 3/4

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3 years ago
Rodrigo practiced playing the guitar for 15 1/3 hours over the past 3 weeks. He practiced for 6 1/4 hours during the first week
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15 1/3 - 6 1/4 - 4 2/3 = <span>4.41666666667 hours</span>
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3 years ago
Please help meeee I have 20 minutes to turn this in
lana66690 [7]

Answer:

RSU = 75.2°

Step-by-step explanation:

this is because:

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6 0
3 years ago
Read 2 more answers
Reinhardt Furniture Company has 40,000 shares of cumulative preferred 2% stock, $150 par and 100,000 shares of $5 par common sto
Ann [662]

Answer:

for year 1

common stock =  $1.75 per share

preferred stock  = Zero

for year 2

common stock =  $4.25 per share

preferred stock  = $0.3 per share

for year 3

common stock =   $3 per share

preferred stock  =  $2 per share

Step-by-step explanation:

step 1

preferred stock value =  (40000 shares * $150) = $6000000

common stock value  = (100000 shares * $5) = $500000

 step 2

For year 1:

Dividend on preferred stock;

\frac{6000000 * 2}{100} = $120000

But total dividend in the question was $70000 therefore total amount of  dividend on cumulative preferred stock is $70000.

hence, dividend per share

= \frac{70000}{40000 shares} = $1.75 per share

Dividend on common stock;

70,000 - 70,000 = Zero

as total dividend distributed in year 1 is insufficient for cumulative preferred stock therefore no dividend will be paid on common stock.

For year 2:

Dividend on cumulative preferred stock;

\frac{6000000 * 2}{100}= $120000

extra dividend of year 1 ($120000 - $70000) = $50000

Thus total dividend on cumulative preferred stock

($120000 + $50000) = $170000

So dividend per share

\frac{170000}{40000\ shares}= $4.25 per share

Dividend on common stock;

($200000 – $170000) = $30000

dividend per share

\frac{30000}{100000\ shares} = $0.3 per share

For year 3:

Dividend on cumulative preferred stock;

\frac{6000000 * 2}{100} = $120000

total dividend on cumulative preferred stock $120000

dividend per share

\frac{120000}{40000 shares} = $3 per share

No dividend was extra in the year 2 therefore only available dividend of this year will be paid.

Dividend on common stock;

($320000 – $120000) = $200000

dividend per share

\frac{200000}{100000\ shares}= $2 per share

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3 years ago
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2 green spaces, 2 star spaces, 2 question mark spaces
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