The answer is $41.12
(Work is below)
First add the total of the vase and shipping-
Vase: $34.99
Shipping: $ 3.00
+__________
$37.99
Then calculate sales tax by multiplying $37.99 x 0.0825 -
Above Total: $37.99
Sales Tax Rate: $ 0.0825
x__________
$ 3.1341
You round down because ^ less than five (five or above you would round up)
Sales Tax: $3.13
Then you add the sales tax to the above total
Vase: $37.99
Shipping: $ 3.13
+__________
$41.12
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%
She will need 12 seconds because -20•12=-240
The answer to the proportion is t=52.5
