Answer:
Step-by-step explanation:
We are given the two functions:
And we want to find:
This is equivalent to:
Substitute:
Distribute:
Rearrange:
Hence:
Answer:
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Answer
4+21m
Explanation
Use the distributive property 4 times 1 and 4 times 7m keep the m
Out of 6 wedges, Jody eats 4 wedges obviously so he eats 4/6 of the orange or to make it simple 2/3 of it
Answer:
The cost of Ningbo Shipping Preferred stock is 12.40%
Step-by-step explanation:
In this question, we are asked to calculate the cost of Ningbo shipping Preferred stock.
To calculate this, we make use of the following mathematical relation;
The cost preferred stock Kp = Annual dividends/ Issued price-Cost of Issuing
From the question, we identify the following;
Issued price = $125
Annual dividend = $15
Cost of Issuing = $4
Inserting these into the formula we have;
Kp = $15/$125 - $4 = 12.40%
This means that Cost of Ningbo shipping preferred stock is 12.40%
