You can use times the value by 1.05 to find the answer directly
You add 2x and 7x to get 9x
so the answer is 9x+5y
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!
Size 40 is the cheapest, because the formula to find lowest price of unit is dividing the price by the unit. so 5.49/24≈ 0.23, 8.00/40=0.2, 15.99/64≈ 0.25
Answer:
28
Step-by-step explanation: