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:
$72.90 is the interest earned
Step-by-step explanation:
The appropriate formula is i = prt, where r is the annual interest rate expressed as a decimal fraction.
Here, i = ($270)(0.09)(3 yr) = $72.90 is the interest earned
The required probability is 3/4.
We have to compute the probability
P(Female |Junior) because we have to find the probability of the female student and the given condition is that the student is junior.
Determine the total number of juniors.
Juniors=2+6=8
<h3>What is the probability?</h3>
Probability is the branch of mathematics concerning numerical descriptions of how likely an event is to occur, or how likely it is that a proposition is true. The probability of an event is a number between 0 and 1, where, roughly speaking, 0 indicates the impossibility of the event and 1 indicates certainty.
Since the number of females who are junior is 6, determine the required probability.
P(Female|Junior)=6/8=3/4
Therefore, the required probability is 3/4.
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