Common stockholders would receive $800.
(100 shares x $100) 10,000 x 6% = $600 - this is the amount paid to preferred stockholders per year.
Since Custer.com also paid the dividend in arrear last year, $600 x 2yrs = $1,200 is the total amount paid to preferred stockholders this year.
Cash dividends - $2,000
Preferred sh <u>($1,200)
</u>Common sh $ 800<u>
</u>
Answer: nah
Step-by-step explanation:
Answer:
Step-by-step explanation:
Descended feet:
Ascended feet:
Total elevation:
Answer:
nothing
Step-by-step explanation:
Loan payments are <em>linear in the loan amount</em> for a given rate and period, so the payments for loans of $2000 and $1000 sum to the amount of payments for a loan of $3000.
The only possible savings (or cost) might come from rounding to the nearest cent. (In any event, the final payment on each loan should make up for any differences due to rounding.)
Answer:
the answer to the nearest tenths is 7.8
