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DochEvi [55]
3 years ago
13

Can someone please explain?

Mathematics
1 answer:
GREYUIT [131]3 years ago
8 0

The function y = x, called the "identity" or "ramp" function, is a basic function that you'll need to add to your math vocabulary. Since the " x " here seems to have no exponent, fix that by thinking "x^1," or "x to the first power," or "y=x is a linear function."

The graph of y=x always goes thru the origin. It begins in the 3rd quadrant and ends in the 1st, and appears as a straight line with slope of m = rise / run = 1/1 = 1.

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9n+2+34=90
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3 years ago
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Reinhardt Furniture Company has 40,000 shares of cumulative preferred 2% stock, $150 par and 100,000 shares of $5 par common sto
Ann [662]

Answer:

for year 1

common stock =  $1.75 per share

preferred stock  = Zero

for year 2

common stock =  $4.25 per share

preferred stock  = $0.3 per share

for year 3

common stock =   $3 per share

preferred stock  =  $2 per share

Step-by-step explanation:

step 1

preferred stock value =  (40000 shares * $150) = $6000000

common stock value  = (100000 shares * $5) = $500000

 step 2

For year 1:

Dividend on preferred stock;

\frac{6000000 * 2}{100} = $120000

But total dividend in the question was $70000 therefore total amount of  dividend on cumulative preferred stock is $70000.

hence, dividend per share

= \frac{70000}{40000 shares} = $1.75 per share

Dividend on common stock;

70,000 - 70,000 = Zero

as total dividend distributed in year 1 is insufficient for cumulative preferred stock therefore no dividend will be paid on common stock.

For year 2:

Dividend on cumulative preferred stock;

\frac{6000000 * 2}{100}= $120000

extra dividend of year 1 ($120000 - $70000) = $50000

Thus total dividend on cumulative preferred stock

($120000 + $50000) = $170000

So dividend per share

\frac{170000}{40000\ shares}= $4.25 per share

Dividend on common stock;

($200000 – $170000) = $30000

dividend per share

\frac{30000}{100000\ shares} = $0.3 per share

For year 3:

Dividend on cumulative preferred stock;

\frac{6000000 * 2}{100} = $120000

total dividend on cumulative preferred stock $120000

dividend per share

\frac{120000}{40000 shares} = $3 per share

No dividend was extra in the year 2 therefore only available dividend of this year will be paid.

Dividend on common stock;

($320000 – $120000) = $200000

dividend per share

\frac{200000}{100000\ shares}= $2 per share

3 0
3 years ago
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Answer:

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Step-by-step explanation:

2% of 250,000 is 5000

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Kaylis [27]

Answer:

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Step-by-step explanation:

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Answer:

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Step-by-step explanation:

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