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Alecsey [184]
2 years ago
7

HELP ASAP!! HELP FAST!!

Mathematics
1 answer:
erma4kov [3.2K]2 years ago
8 0
The perfect square is answer A

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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
Plz answer. What is the sum? 3x^2-2x-1/x-5 + -2x^2+x-5/x-5
IrinaVladis [17]

Answer:

b

Step-by-step explanation:

3 0
2 years ago
Read 2 more answers
Helen used 1/4 of her savings for her first year of college. 3/8 of that money was spent on her housing and meals. Which equatio
iren [92.7K]
3/32
just multiply the fractions
8 0
3 years ago
Read 2 more answers
What is the answer to (8y -6
scZoUnD [109]

Answer:

Step-by-step explanation:

Incomplete presentation of question.  Did you want to factor out the greatest common factor (which is 2), obtaining 2(4y - 3)?  Or something else?  Also:  please note that if you use the left parenthesis ) , you MUST also use the right parenthesis ( .

6 0
2 years ago
Will is asked to simplify the expression below. 7x - 2(x + 3y) + 3y He states that the simplified expression is 5x + 9y because
galina1969 [7]

Answer: See explanation

Step-by-step explanation:

7x - 2(x + 3y) + 3y

= 7x - 2x - 6y + 3y

= 5x - 3y

Will got 5x + 9y because he didn't multiply the values in the bracket by the minus sign outside the bracket. He multiplied the values by +2 rather than -2. This resulted in the wrong answer that he got.

4 0
2 years ago
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