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jeyben [28]
2 years ago
5

Y= 2/3x - 3/2 what graph best represents the equation?

Mathematics
1 answer:
nignag [31]2 years ago
5 0
Use desmos to help you with this!

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Lightfoot Inc., a software development firm, has stock outstanding as follows: 30,000 shares of cumulative preferred 2% stock, $
Lesechka [4]

The calculation of the dividends per share on each class of stock for each of the four years for Lightfoot Inc. are:

                                 1st Year       2nd Year       3rd Year      4th Year

Preferred stock          $0.19            $0.32            $0.99          $0.50

Common stock           $0                 $0                $0.79          $2.69

How is dividend per share calculated?

The dividend per share for each class of stock can be computed by dividing the total dividend distributed by the number of shares outstanding.

For cumulative preferred stock, the unpaid dividends in a year are carried forward for distribution when profits are made.  Note also that preferred stock dividends enjoy preferential payment before common stock dividends.

<h3>Data and Calculations:</h3>

Cumulative preferred stock = 30,000 shares

Par value of preferred stock = $25

Dividend rate = 2%

The total value of preferred stock = $750,000 ($25 x 30,000)

Expected annual dividend for preferred stockholders = $15,000 ($750,000 x 2%)

Common stock = 38,000 shares

Par value of common stock = $75

The total value of ordinary stock = $2,850,000 ($75 x 38,000)

<h3>Dividends distribution:</h3>

                                        1st Year       2nd Year       3rd Year      4th Year

Dividends distributed    $5,700           $9,600       $59,720       $117,220

Preferred stock             $5,700            $9,600      $29,700        $15,000

Preferred stock per share $0.19           $0.32        $0.99             $0.50 ($15,000/30,000)

Common stock                  $0                   $0         $30,020      $102,220

Common stock per share $0                  $0            $0.79           $2.69 ($102,220/38,000)

Thus, the dividends distribution of Lightfoot Inc. shows that the common stockholders started earning dividends after the second year.

Learn more about cumulative preferred stock dividends at brainly.com/question/14006397

#SPJ1

<h3>Question Completion:</h3>

Calculate the dividends per share on each class of stock for each of the four years. Round all answers to two decimal places. If no dividends are paid in a given year, enter "O."

6 0
2 years ago
Help me, please ASAP 20 POINTS!!!!!!!
Inessa05 [86]
Fraction - 6/14
Decimal- 0.43
Percentage- 43%
5 0
3 years ago
Read 2 more answers
PLEASE HELP QUICK!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
S_A_V [24]

Answer:

the answer is 4

Step-by-step explanation:

the black shape times 4 is the blue shape

8 0
3 years ago
Write the numbers in order from least to greatest. 0.3.0.5.-1.6.-1.35​
Tju [1.3M]
-1.6
-1.35
0.3
0.5
Top to bottom, top is the lowest
4 0
2 years ago
In performing a chi-square goodness-of-fit test for a normal distribution, a researcher wants to make sure that all of the expec
Sholpan [36]

Answer:

The degrees of freedom for the chi square statistic is 7-4=3

3 0
3 years ago
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