Answer:
- $855,000
- Dividend per share of common stock = $1.06
Step-by-step explanation:
1. Preferred Share dividends.
There are 300,000 preference shares and each of them got $2.85. Total dividends are;
= 300,000 * 2.85
= $855,000
2. Total dividends = $3,500,000
Dividends left for Common Shareholders (preference gets paid first)
= 3,500,000 - 855,000
= $2,645,000
Common shares number 2,500,000
Dividend per share of common stock = 
= $1.06
.394= 197/500
you can't make it a mixed number since there isn't a whole number as with an improper fraction.
Hello! I may be wrong, I’m just going off the calculator LOL. I got:
5.6e+24
Hope this helps!
Answer:
Amount saved = $17.04
Step-by-step explanation:
An item you want is regularly $56.23, but is on sale for $40 this week
Original amount is $56.23
tax is 5%, tax amount is 
Original cost with tax is 
Sale amount is $40
tax is 5%, tax amount is 
sale cost with tax is 
Amount you save = original cost- sale cost
