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Oksanka [162]
2 years ago
5

A mutual fund owns 20,000 shares in Company Y. Company Y has 2 million shares issued. In one particular year, Company Y announce

s annual profits of $6 million, and decides to pay dividends to its shareholders at a rate of 15% of its annual profits. How much will the mutual fund receive in the form of dividends from Company Y? Round your answer to the nearest dollar.
Mathematics
1 answer:
anastassius [24]2 years ago
5 0

Answer:  $9,000

Step-by-step explanation:

Step 1

Calculate the amount of dividends the company will pay to all its shareholders.

= 15% of profits

= 15% * 6,000,000

= $900,000

Step 2

Calculate how much dividends each share will get;

$900,000 to 2 million shares of Company Y.

= 900,000/2,000,000

= $0.45

Step 3

Calculate how much the Mutual fund will get for its 20,000 shares

= 20,000 * 0.45

= $9,000

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Answer:

2.95 x + 39.95 (12)

Step-by-step explanation:

Given data

Charge per movie= $2.95

monthly fee= $39.95

let the number of movies be x

Hence the expression for the total is given as

Total= 2.95(x)+39.95(12)

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sarah teaches craft classes. she has 214 bags of beads. each bag has enough beads for 22 bracelets. she estimates tht since 200
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Of course, if you want to be sure, you should ask Sarah some questions. For example:

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2 years ago
A local community center built a rectangular basketball court using 100 feet of fence. They used part of one side of the buildin
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Answer:

Maximum Area of the basketball court = 1250 ft²

Maximum area of the playground = 400 ft²

The basketball is 3.125 times larger than than the playground.

Step-by-step explanation:

The diagram representing the description is attached to this solution.

The big rectangle represents the basketball court.

The small rectangle represents the playground.

Let the length and width of the basketball court be y and x respectively.

The length and width of the small playground will be (y-30) and (x-5) respectively

The Area of the basketball court is

A(x, y) = xy

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2x + y = 100

y = 100 - 2x

A(x, y) = xy

A(x) = x(100 - 2x) = 100x - 2x²

A(x) = 100x - 2x²

At maximum point, (dA/dx) = 0 and (d²A/dx²) < 0, that is, negative.

(dA/dx) = 100 - 4x = 0

(d²A/dx²) = -4 < 0

Hence, it's a maximum point.

At maximum point,

(dA/dx) = 100 - 4x = 0

100 - 4x = 0

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Maximum Area of the basketball court = xy = (50)(25) = 1250 ft²

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Ratio of the Areas = (1250/400) = 3.125

The basketball is 3.125 times larger than than the playground

Hope this Helps!!!

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