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Author Question: Mathematics Corp will distribute 129,000 to its stockholders. There are 14,000 shares of 8 preferred ... (Read 78 times)

lilldybug07

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on: Jun 24, 2018
Mathematics Corp will distribute 129,000 to its stockholders. There are 14,000 shares of 8 preferred stock, 80 par value, and 3,600 shares of common stock. What is the dividend per share to be paid to common stockholders?

Question 2

Whitney is considering the purchase of 75 bonds. What is the commission on this transaction? Face value of each bond: 850 Price per bond: 49.5 Interest rate: 17.45 Commission per 1,900 bond: 19


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gcook

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Reply #1 on: Jun 24, 2018
Answer to Question 1

10.94;

Answer to Question 2

1,425;


lilldybug07

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Reply 2 on: Jun 24, 2018
Thanks for the timely response, appreciate it

nathang24

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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