Answer: $20
Step-by-step explanation:
First, the earnings per share will be:
= $600 mill / 100 mill shares
= $6 per share
Since the retention ratio is 20%, it means that the payout ratio = 100% - 20% = 80%.
Therefore, the dividend per share will be:
=$6 × 80%
= $6 × 0.8
=$4.80
We will calculate then calculate market price as:
Dividend yield =Dividend per share / Market price
0.04 =$4.80 / Market price
Market price =$4.80 / 0.04
Market price = $120
The price earnings ratio will be:
= Market price / EPS
= $120 / $6
= $20
Answer:
sqrt(3) /3
Step-by-step explanation:
1 / sqrt(3)
Multiply the top and bottom by sqrt(3)
1/ sqrt(3) * sqrt(3)/ sqrt(3)
sqrt(3) / sqrt(3)*sqrt(3)
sqrt(3) /3
Answer:
The graph would look like this
3xy -6x
just multiply 3x by y and 3x by -2
<span>Find the equation of the line that passes through the points (3,-2) and (4,5).</span>
5-(-2)=7/ 4-3=1
So the slope is 7. Now plugin 7 for "m" and use one of the two points for x and y
5=7(4)*b
5=28*b
5-28=b
-23=b
So y=7x-23
