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Angelina_Jolie [31]
2 years ago
12

Aaron is at a spot in his book where the page numbers of the two facing pages have a product of 1980 what are the two page numbe

rs
Mathematics
1 answer:
Alona [7]2 years ago
5 0
Basically you know that they are 2 consecutive numbers whose product is 1980. 
<span>n*(n+1)=1980 </span>
<span>n^2 + n - 1980 = 0 </span>
<span>(n -44)(n + 45)= 0 </span>
<span>n=44 </span>
<span>so the 2 page numbers is 44 and 45. </span>

<span>The faster way is just to take the square root of 1980 and since that is 44.497 you can conclude that the 2 numbers is below and above it (44, 45)</span>
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The calculation of the dividends per share on each class of stock for each of the four years for Lightfoot Inc. are:

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Preferred stock          $0.19            $0.32            $0.99          $0.50

Common stock           $0                 $0                $0.79          $2.69

How is dividend per share calculated?

The dividend per share for each class of stock can be computed by dividing the total dividend distributed by the number of shares outstanding.

For cumulative preferred stock, the unpaid dividends in a year are carried forward for distribution when profits are made.  Note also that preferred stock dividends enjoy preferential payment before common stock dividends.

<h3>Data and Calculations:</h3>

Cumulative preferred stock = 30,000 shares

Par value of preferred stock = $25

Dividend rate = 2%

The total value of preferred stock = $750,000 ($25 x 30,000)

Expected annual dividend for preferred stockholders = $15,000 ($750,000 x 2%)

Common stock = 38,000 shares

Par value of common stock = $75

The total value of ordinary stock = $2,850,000 ($75 x 38,000)

<h3>Dividends distribution:</h3>

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Dividends distributed    $5,700           $9,600       $59,720       $117,220

Preferred stock             $5,700            $9,600      $29,700        $15,000

Preferred stock per share $0.19           $0.32        $0.99             $0.50 ($15,000/30,000)

Common stock                  $0                   $0         $30,020      $102,220

Common stock per share $0                  $0            $0.79           $2.69 ($102,220/38,000)

Thus, the dividends distribution of Lightfoot Inc. shows that the common stockholders started earning dividends after the second year.

Learn more about cumulative preferred stock dividends at brainly.com/question/14006397

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<h3>Question Completion:</h3>

Calculate the dividends per share on each class of stock for each of the four years. Round all answers to two decimal places. If no dividends are paid in a given year, enter "O."

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