do I just have to find the sum?
Answer:
x=3
Step-by-step explanation:
The whole line (DF) equals 9x - 39. So you need to make that equal to 47+3x+10 and work out like so. I hope this helps!
Answer:
$282.59 per share
Step-by-step explanation:
Given that,
Stockholders' equity = $323 million
price/earnings ratio = 14
shares outstanding = 8,800,000
Market/book ratio =7.7
Book Value per share:
= Stockholders' equity ÷ shares outstanding
= $323,000,000 ÷ 8,800,000
= $36.70
Market price per share:
= Book Value per share × Market/book ratio
= $36.70 × 7.7
= $282.59 per share
Y = (-3/7)x + 4
Looking at the graph, you can see the trend line plotted. And conveniently, there are a couple of points on the trend line that are indicated. Those points being (0,4) and (7,1). The equation of a line in slope intercept form is:y = ax+b
Looking at the points available, the point (0,4) already gives us the y intercept since x is equal to 0. So our equation becomes:
y = ax + 4
Now we need to determine a which is the slope. The slope is the change in y divided by the change in x. So let's do that
(1-4)/(7-0) = -3/7
And now our equation becomes:
y = (-3/7)x + 4
And given formatting issues, the first option available is the correct one.
