The board of directors of Midwest Foods has declared a dividend of $3,500,000. The company has 300,000 shares of preferred stock that pay $2.85 per share and 2,500,000 shares of common stock. After finding the amount of dividends due the preferred shareholders, calculate the dividend per share of common stock.

Answers

Answer 1

Answer:

$1,06

Step-by-step explanation:

Calculation for dividend per share of common stock for board of directors of Midwest Foods

First step is to find the amount of dividends due to the preferred shareholders

Using this formula

Total Dividend =Dividend- (Preferred stock *Per share of preferred stock )

Let plug in the formula

Total Dividend =$3,500,000-($300,000*$2.85)

Total Dividend =$3,500,000-$855,000

Total Dividend =$2,645,000

The second step is to find Dividend per share of common stock

Using this formula

Dividend per share of common stock=Total dividend/Shares of common stock

Let plug in the formula

Dividend per share of common stock=$2,645,000/$2,500,000

Dividend per share of common stock=$1.06

Therefore the dividend per share of common stock for board of directors of Midwest Foods will be $1.06


Related Questions

PLEASE HELPP! f(x)= -3x + 3
Which of the graphs represent the inverse of the function F??

Answers

Answer:

Answer is Y

Step-by-step explanation:

How many gallons of a 50% antifreeze solution must be mixed with 90 gallons of 10% antifreeze to get a mixture that is 40% antifreeze? Use the six step method.​

Answers

Answer:

x = 270 gallons

270 gallons of a 50% antifreeze solution must be mixed with 90 gallons of 10% antifreeze to get a mixture that is 40% antifreeze

Step-by-step explanation:

Let x represent the number of gallons of the 50% antifreeze solution.

The volume of the 10% antifreeze is = 90 gallons

The volume of the mixture that is 40% antifreeze = 90+x

The amount of antifreeze in the two solutions must be equal to the amount of anti freeze in the mixture;

50% of x + 10% of 90 = 40% of (90+x)

0.50(x) + 0.10(90) = 0.40(90+x)

0.50x + 9 = 36 + 0.40x

Collecting the like terms;

0.50x - 0.40x = 36-9

0.10x = 27

x = 27/0.10

x = 270 gallons

270 gallons of a 50% antifreeze solution must be mixed with 90 gallons of 10% antifreeze to get a mixture that is 40% antifreeze

"a. How many study subjects were cases? b. How many study subjects were controls? c. What was the ratio of controls to cases?"

Answers

Answer:

The description is provided following.

Step-by-step explanation:

The given question is incomplete. The complete question will be:

                                     Brain tumors                      No Brain tumors

Cell Phones                          63                                          185

No Cell Phones                    96                                          292                  

The further explanation is given below.

a...

Subjects with these symptoms/diseases are recognized as "cases." Consequently, the majority of the instances would be as follows:

⇒  [tex]63+96[/tex]

⇒  [tex]159[/tex]  

b...

Subjects who might not have the disorder or infection are classified as "controls." Therefore, the amount of controls is as follows:

⇒  [tex]185+292[/tex]

⇒  [tex]477[/tex]

c...

The proportion of control and monitoring of instances:

⇒  [tex]\frac{478}{159}[/tex]

⇒  [tex]3.006[/tex]

Two identical decks of 52 cards are mixed together, yielding a stack of 104 cards. How many different ways are there to order this stack of 104 cards?

Answers

Answer:

here the order will be 104! =[tex]1.029e^{166}[/tex]

Step-by-step explanation:

since the cards are to arranged in  no particular order that is why we used combination to find the result.

Combination can simply be explained as the method of selecting items from a collection of items where the order of the selections does not matter.

PLEASE HELP!!! You want to distribute 7 candies to 4 kids. If every kid must receive at least one candy, in how many ways can you do this?

Answers

Answer:

1140 ways.

Step-by-step explanation:

The applicable formula is: (n +r - 1)C(r-1), where n is the number of identical items (the candies), and r is the possible number of recipients (the kids).

The 17 identical candies, can be distributed among the 4 children in :  

=(17 + 4 - 1)C(4–1) = 20C3 ways.

= 20!/((20–3)!*3!) ways.

= 20*19*18*17!/(17!*(3*2*1)) = 20*19*18/6 ways

= 20*19*3 ways.  

=1140 ways.

What is the measure of angle S?
480
56°
930
101°

Answers

Answer:

m∠s = 93°

Step-by-step explanation:

We know that any quadrilateral's sum of angles adds up to 360°. In that case,

360 - (56 + 132 + 79) = m∠s

m∠s = 93°

Answer:

S° = 93 °

Step-by-step explanation:

[tex]The- diagram- is- a- trapezoid (quadrilateral)\\Sum- of- angles-in a- quadrilateral = 360\\ 132\° + 56\° + 79\° + x\° = 360\° \\267\° + x\° = 360\° \\x = 360 \° - 267 \° \\x\° = 93\°[/tex]

For the data set represented by this box plot, what is the value of the maximum? maximum:

Answers

Answer:

140

Step-by-step explanation:

The maximum is the furthest the line that goes out the furthest, the minimum would be about 83-84

Answer:

the other person is correct!

Step-by-step explanation:

Factor by grouping 5x^3+6x^2+25x+30

Answers

Answer:

(5x + 6) (x² + 5)

Step-by-step explanation:

5x³ + 6x² + 25x + 30

= x² (5x + 6) + 25x + 30    -- Group 5x³ and 6x²

= x² (5x + 6) + 5 (5x + 6)    -- Group 25x and 30

= (5x + 6) (x² + 5)  -- Both terms have a common factor of 5x + 6

Progress
Question ID: 470099

One student can paint a wall in 12 minutes. Another student can paint the same wall in 24 minutes. Working together, how long will it
take for them to paint the wall?

Answers

Answer:

8 min

Step-by-step explanation:

Try this:

    1 wall                           1                   288

------------------------ =  ---------------  =  --------------- min  =  8 min

1 wall        1 wall         24 + 12                 36

(---------) + (---------)      ------------

12 min      24 min           288

In a random sample 765 adults in the United States, 322 say they could not cover a $400 unexpected expense without borrowing money or going into debt. (a) What population is under consideration in the data set

Answers

Answer:

The population under consideration in the data set are all the adults in the United States.

Step-by-step explanation:

Sampling

This is a common statistics practice, when we want to study something from a population, we find a sample of this population.

For example:

I want to estimate the proportion of New York state residents who are Buffalo Bills fans. So i ask, lets say, 1000 randomly selected New York state residents wheter they are Buffalo Bills fans, and expand this to the entire population of New York State residents.

The population of interest are all the residents of New York State.

In this question:

Sample of 765 adults in the United states.

So the population under consideration in the data set are all the adults in the United States.

Marking Brainliest! 3(x-100)=?

Answers

Answer:

3x - 300

Step-by-step explanation:

Expand the brackets or use distribute law.

Answer:

[tex]3x - 300[/tex]

solution,

[tex]3(x - 100) \\ = 3 \times x - 3 \times 100 \\ = 3x - 300[/tex]

hope this helps..

Couple more! Running out of time lol!

Answers

Answer:

A translation; (x,y) --> (x-4,y-5)

Step-by-step explanation:

This is because the figures are congruent and in the same orientation but just in different locations on the coordinate plane.

A(0,3) --> A'(-4,-2)

So, the rule is (x,y) --> (x-4,y-5)

Look at the picture for the question ........................

Answers

Answer:

53/28

Step-by-step explanation:

100 g jam

19 g strawberries53 g blackberriesSugar= 100-(19+53)= 28 g

Blackberry / sugar= 53/28

Answer:

53:28

Solution,

Amount of sugar=100-(19+53)

=100-72

=28 gram

Ratio of blackberries to sugar=53/28

=53:28

Hope this helps..

Good luck on your assignment..

Find the equation for the parabola that has its vertex at the origin and has directrix at x=1/48

Answers

Answer:

The equation for a parabola with vertex at the origin and a directrix at x = 1/48 is [tex]x= \frac{1}{12}\cdot y^{2}[/tex].

Step-by-step explanation:

As directrix is a vertical line, the parabola must "horizontal" and increasing in the -x direction. Then, the standard equation for such geometric construction centered at (h, k) is:

[tex]x - h = 4\cdot p \cdot (y-k)^{2}[/tex]

Where:

[tex]h[/tex], [tex]k[/tex] - Horizontal and vertical components of the location of vertex with respect to origin, dimensionless.

[tex]p[/tex] - Least distance of directrix with respect to vertex, dimensionless.

Since vertex is located at the origin and horizontal coordinate of the directrix, least distance of directrix is positive. That is:

[tex]p = x_{D} - x_{V}[/tex]

[tex]p = \frac{1}{48}-0[/tex]

[tex]p = \frac{1}{48}[/tex]

Now, the equation for a parabola with vertex at the origin and a directrix at x = 1/48 is [tex]x= \frac{1}{12}\cdot y^{2}[/tex].

Which of the following represents the set of possible rational roots for the
polynomial shown below?
2^2+ 5^2 – 8x– 10 = 0

Answers

Answer: plus or minus 1, 1/2, 2, 5, 5/2, and 10


Explanation:

To find the possible roots

We first find the factor of the constant term:

10: 1, 2, 5, 10

Then we find the factor of leading coefficient:

2: 1, 2

And the possible rational roots are:

Plus or minus [1/1, 1/2, 2/1, 2/2, 5/1, 5/2, 10/1, 10/2]

Then we get rid of the duplicate:

Plus or minus [1, 1/2, 2, 5, 5/2, 10]

Each of 100 students in the Allen School can only take 1 CSE class each, between the four classes CSE 311, CSE 312, CSE 331, and CSE 332. Each student (independently of others) takes CSE 311 with probability 0.3, CSE 312 with probability 0.4, CSE 331 with probability 0.1, and CSE 332 with probability 0.2. What is the probability that exactly 31 sign up for CSE 311, 39 sign up for CSE 312, 7 sign up for CSE 331, and 23 sign up for CSE 332

Answers

Answer:

[tex]P(a=31,b=39,c=7,d=23) = 0.000668[/tex]

Step-by-step explanation:

Sample space, n = 100

Let the number of students signed up for CSE 311 = a

Let the number of students signed up for CSE 312 = b

Let the number of students signed up for CSE 331 = c

Let the number of students signed up for CSE 332 = d

Probability of taking CSE 311, [tex]P_a[/tex] = 0.3

Probability of taking CSE 312, [tex]P_b[/tex] = 0.4

Probability of taking CSE 331, [tex]P_c[/tex] = 0.1

Probability of taking CSE 332, [tex]P_d[/tex] = 0.2

[tex]P(a,b,c,d) = \frac{n!}{a! b! c! d!} p_a^{a} p_b^{b} p_c^{c} p_d^{d} \\P(a=31,b=39,c=7,d=23) = \frac{100!}{31! 39! 7! 23!} * 0.3^{31} * 0.4^{39} * 0.1^{7} 0.2^{23}\\P(a=31,b=39,c=7,d=23) = \frac{4.58*10^{111}}{2.13*10^{56}* 5040 }* (1.57*10^{-55})\\P(a=31,b=39,c=7,d=23) = 0.000668[/tex]

circumference of 6cm ? help plz <3 heyyy b a e (bet you won't reply :)

Answers

Answer:

If r = 6 cm, the the circumference is c = 2π(6) = 12π cm

HOPE THIS HELPS AND PLS MARK AS BRAINLIEST

THNXX :)

The organization that Jones works for is running for a father son dinner for those employees is invited to attend along with his youngest son. If Jones is known to have two children, what is the condition probability that they are both boys given that he is invited to the dinner?

Answers

Answer:

25%

Step-by-step explanation:

The probability of having a boy is 50%

To calculate the probability of him having 2 boys, multiply the probabilities together

0.5(0.5) = 0.25

In the figure, a//b, and both lines are intersected by transversal t. Complete the statements to prove that m<1=m<5.

Answers

Answer:

Transitive Property of EqualityAlternate Interior Angles Theorem

Step-by-step explanation:

a) You're trying to justify that two sums equal to 180° are equal to each other. The Transitive Property of Equality is that justification.

__

b) You're trying to justify that angles 3 and 6 are congruent. These are between the parallel lines, so are "interior" angles. They are on opposite sides of the transversal, so are "alternate" angles. They do not share a vertex, so cannot be vertical angles. The applicable theorem is the Alternate Interior Angles Theorem.

Answer:

Step-by-step explanation:

which of the following descriptions represent the transformation shown in the image? Part 3c​

Answers

Answer:  c) rotation of 180° & shift right 1 unit and down 2 units

Step-by-step explanation:

Rotation of 180° changes the signs of x and y

(x, y)   →   (-x, -y)

Shift right one unit adds 1 to x, Shift two down subtracts 2 from y

(-x, -y)   →   (-x + 1, -y - 2)

  (x, y)          (-x + 1, -y - 2)  

(-1, -2)    →       (2, 0)

(-4, -1)    →       (5, -1)

(-4, -3)   →       (5, 1)

T or F? Is 3y=5x If x is 3 and y is 5?

Answers

Answer:

True

Step-by-step explanation:

3y=5x

Put x as 3 and y as 5.

3(5) = 5(3)

15 = 15

Hence, true.

Answer:

true

X=3

y=15

[tex]3y = 5x \\ 3 \times 5 = 5 \times 3 \\ 15 = 15[/tex]

Proved.

Hope it helps..

Juanita wants to buy 12.5 pounds of stones to decorate her garden. The stone normally sells for $1.80 a pound. The salesman offers her a total price of $21.25. How much is she saving per pound with the salesman’s offer? Round to the nearest hundredth.

Answers

Answer:

She is saving 10 cents per pound

Step-by-step explanation:

First, we need to find how much she would pay without the sale:

12.5(1.8) = 22.5

Now, we can calculate how much she saved:

22.5 - 21.25 = 1.25

To find how much she's saving per pound, we divide the difference by the number of pounds:

1.25/12.5 = 0.1

She is saving 10 cents per pound

Answer:

A

Step-by-step explanation:

I took the test and got it right

A department store chain is expanding into a new market, and is considering 13 different sites on which to locate 5 stores. Assuming that each site is equally likely to be chosen, in how many ways can the sites for the new stores be selected?

Answers

Answer:

Hope it helps you :)

And i hope you understand  

For store 1, it can be placed on 16 sites. Store 2 can be placed on 15 sites( since store 1 is already on site 1). Store 3 can be placed on 14 sites and so on until store 5 which has 12 sites.

Therefore the number of way is

C= 16*15*14*13*12

c=524,160 possibilities

Jennifer has carpet in her square bedroom. She decides to also purchase carpet for her living room which is rectangular in shape and 9 feet longer than her bedroom.
The area of the carpet required in the living room is given by the quadratic expression below, where x represents the side length, in feet, of the carpet in the bedroom.

X^2 + 9X

Match each part of the expression with what is represents.

Answers

Answer/Step-by-step explanation:

Let's highlight the dimensions of the bedroom and living room using the information given in the question:

==>Squared Bedroom dimensions:

Side length = w = x ft

Area = x*x = x²

==>Rectangular living room dimensions:

width = side length of the squared bedroom = x

length = (x + 9) ft

Area = L*W = x*(x+9) = x² + 9x

Now let's match each given expression with what they represent:

==>"the monomial, x, a factor of the expression x² + 9x" represents "the width of the carpet in the living room"

As we have shown in the dimensions of the squared bedroom above.

==>"the binomial, (x + 9), a factor of the expression x² + 9x" represents "the length of the carpet in the living room" as shown above in the dimensions for living room

==>"the second-degree term of the expression x² + 9x" represents "the area of the carpet in the bedroom"

i.e. the 2nd-degree term in the expression is x², which represents the area of the carpet of the given bedroom.

==>"the first-degree term of the expression x2 + 9x" represents "the increase in the area of carpet needed for the living room".

i.e. 1st-degree term in the expression is 9x. And it represents the increase in the area of the carpet for the living room. Area of bedroom is x². Area of carpet needed for living room increased by 9x. Thus, area of carpet needed for living room = x² + 9x

Simplify The square root of 5 (6-4 the square root of 3)

Answers

Answer:

7.75

Step-by-step explanation:

6-4=2

2 times the square root of 3=3.46410161514

square root of 5 times 3.46410161514=7.74596669242

to 2dp=7.75

Simplify e^ln4
A. 1/4
B. 4
C. 1n4
D. E^4

Answers

Answer:

The answer is option B.

4

Step-by-step explanation:

Using the expression

[tex] {e}^{ ln(x) } = x[/tex]

[tex] {e}^{ ln(4) } = 4[/tex]

Hope this helps you

Quadrilaterals WXYZ and BADC are congruent. In addition, WX ≅ DC and XY ≅ BC.

If AD = 4 cm and AB = 6 cm, what is the perimeter of WXYZ?

18 cm
20 cm
22 cm
24 cm

Answers

Answer: 20 cm

If quadrilaterals WXYZ and BADC are congruent, then their corresponding sides are congruent.

Given that

WX≅DC,

XY≅BC,

you can state that

YZ≅AB,

WZ≅AD.

If AD = 4 cm and AB = 6 cm, then WZ = 4 cm and YZ = 6 cm. Opposite rectangle sides are congruent, then XY = 4 cm and WX = 6 cm.

The perimeter of WXYZ is

P = WX + XY + YZ + WZ = 6 + 4 + 6 + 4 = 20 cm.

Pls help me find the volume of this solid

Answers

Answer:

240cm³

Step-by-step explanation:

First, let's assume the entire shape is full rectangular prism without that has the middle being cut out.

What this means is that, to get the volume of the solid made out of clay, we would calculate the solid as a full rectangular prism, then find the volume of the assumed middle cut-out portion. Then find the difference between both.

Let's solve:

Find the volume of the rectangular prism assuming the solid is full:

Volume of prism = width (w) × height (h) × length (l)

w = 4cm

h = 7cm

l = 3+6+3 = 12cm

Volume of full solid = 4*7*12 = 336cm³

Next, find the volume of the assumed cut-out portion using same formula for volume of rectangular prism:

w = 4cm

h = 7-3 = 4cm

l = 6cm

Volume of assumed cut-out portion = 4*4*6 = 96cm³

Volume of solid made from clay = 336cm³ - 96cm³ = 240cm³

Diane's bank is offering 5% interest, compounded monthly. If Diane invests $10,500 and wants $20,000 when she withdrawals, how long should she keep her money in for? Round to the nearest tenth of a year.

Answers

Answer:

The time period is 13 years.

Step-by-step explanation:

Interest rate (r )= 5% or 5%/12 = 0.42% per months

The investment amount (Present value) = $10500

Final expected amount (future value) = $20000

Since we have given the initial amount and final amount. Therefore we have to calculate the time period for which the initial amount is kept in the bank.

Use the below formula to find the time period.

Future value = present value (1 + r )^n

20000 = 10500(1+0.0042)^n

1.9047619 = (1+0.0042)^n

1.9047619 = 1.0042^n

n = 153.74 months.

Time in years = 153.74 / 12 = 12.8 years or 13 years (round off)

5x is equal to 8X raise to power - 1/3​

Answers

Answer:

No solutions.

Step-by-step explanation:

5x = 8x^-1/3

Divide 8 into both sides.

5/8x = x^-1/3

Divide both sides by x.

5/8 = x^-4/3

Multiply both sides by the exponent -3/4.

5/8^-3/4 = x

1.422624 = x

Plug in 1.422624 for x to check.

It does not work. There are no real solutions.

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