Which equation describes the same line as y – 6 = –4(x + 1)?
1 answer:
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Answer:
- $855,000
- Dividend per share of common stock = $1.06
Step-by-step explanation:
1. Preferred Share dividends.
There are 300,000 preference shares and each of them got $2.85. Total dividends are;
= 300,000 * 2.85
= $855,000
2. Total dividends = $3,500,000
Dividends left for Common Shareholders (preference gets paid first)
= 3,500,000 - 855,000
= $2,645,000
Common shares number 2,500,000
Dividend per share of common stock =
= $1.06
Answer:
52.1
Step-by-step explanation:
When dividing decimals, convert the divisor to an integer by moving the decimal point a suitable number of places. Move the decimal point in the dividend the same number of places in the same direction. Make sure the decimal point in the quotient is aligned with the new location of the decimal point in the dividend.
36.47 ÷ 0.7 = 364.7 ÷ 7 = 52.1
