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1 answer:
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Answer:
$0.7676
Step-by-step explanation:
Dividend declared = $2,500,000.
Total shares of preferred stock = 240,000
Each share costs $2.10
So, Total cost of shares of preferred stock = 240,000×2.10
Dividend due to the preferred shareholders = $504,000.
Now,
Total shares of common stock = 2,600,00
Cost of shares of common stocks = Total dividend - Total cost of shares of
preferred stock
= $2,500,000-504,000
= $1,996,000
Dividend per share of common stock =$
= $0.7676
Answer:
The area of one trapezoidal face of the figure is 2 square inches
Step-by-step explanation:
<u><em>The complete question is</em></u>
The point of a square pyramid is cut off, making each lateral face of the pyramid a trapezoid with the dimensions shown. What is the area of one trapezoidal face of the figure?
we know that
The area of a trapezoid is given by the formula
where
b_1 and b-2 are the parallel sides
h is the height of the trapezoid (perpendicular distance between the parallel sides)
we have
substitute the given values in the formula