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Answer:</h2><h2>
Free distributable dividend = $ 27000</h2>
Step-by-step explanation:
There are 7,500 shares of $10 par value participating 9 percent preferred stock outstanding, and 32,500 shares of common stock outstanding. Therefore,
dividend paid to common stockholder =32500(0.50) = $ 16250
Preferred Stock dividend= 7500 (10) (0.09) = $ 6750
considering total dividend paid $ 50000 includes preferred dividend,then free distributable dividend = 50000 - 16250 - 6750 = $ 27000
Set up a proportion. 6/10 = 9/x. cross multiply so x times 6 = 6x. And 10 times 9 = 90. so 6x=90. Then 90 and 6x divided by 6. which gets you x=15. The 9 ft tall elephant will cast a 15 ft shadow.
Answer:
Its (10,∞)
Step-by-step explanation:
Trust me I just took the exam and got it correct
Answer:
system of equations
Step-by-step explanation:
You can eliminate one of the variable terms in a <u>system of equations</u> by adding or subtracting another equation.
