Answer:
Step-by-step explanation:
Considering the function:
The independent variable is "x" and we are asked to model it in terms of the variable "y":
Then, in order to solve for x (which resides in the exponent), we need to use the logarithm function.
Since the base of the exponent is 1.5, we need to use the logarithm base 1.5, to lower that exponent "x":
Answer:
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