To find the dividend per share, we divide the total dividend amount by the total shares.
Dividend per share = 40,000 / 60,000
Dividend per share = $0.67
Your share = 100 x 0.67
Your share = $66.67
The value of a would be 3.5, as a=1 when b=10 means that a is worth 1/10 of b's value.
Discounted Cost= Cost of Item - (Cost of Item * % Discount)
= $45.60 - ($45.60 * 30%)
convert % to decimal (30% ÷ 100)
= 45.60 - (45.60 * 0.30)
multiply in parentheses
= 45.60 - 13.68
= $31.92 discounted cost
ANSWER: The discounted cost of the item is $31.92 (savings of $13.68).
Hope this helps! :)