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WARRIOR [948]
3 years ago
7

Help last question for math What is: -3/8 divided by 7/12?

Mathematics
1 answer:
schepotkina [342]3 years ago
8 0
-3/8 divided by 7/12
-3/8 times 12/7 ( 7/12 is switched because it is changing from division to  multiplication)
-3/8 times 12/7= -9/14
Hope this helped
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The dividends per share on each class of stock for each of the four years for Seventy-Two Inc. are as follows:

<h3>Cumulative Preferred Stock:</h3>

                                            Year 1       Year 2        Year 3           Year 4

Distributed Dividends    $32,000    $40,000    $36,000        $36,000

Outstanding shares          60,000      60,000      60,000           60,000

Dividend per share           $0.53       $0.67          $0.60             $0.60

<h3>Common Stock:</h3>

                                          Year 1       Year 2        Year 3           Year 4

Distributed Dividends    $0              $32,000     $44,000       $64,000

Outstanding shares        400,000    400,000     400,000       400,000

Dividend per share        $0              $0.08            $0.11              $0.16

<h3>Data and Calculations:</h3>

                              3% Cumulative Preferred       Common Stock

Outstanding shares          60,000                        400,000

Par Value                            $20                              $25

Total value                       $1,200,000              $10,000,000

Annual dividend            $36,000 ($1,200,000 x 3%)

                                            Year 1       Year 2        Year 3           Year 4

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Common Stock                $0              $32,000    $44,000        $64,000

Learn more about dividends at brainly.com/question/25845157

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2 years ago
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