Gross profit, G = $2450665
Tax, t=18.5%
reinvestment, r = 25%
Total dividends
= G(1-t)(1-r)
=2450665*(1-0.185)(1-0.25)
=1497968.98
Dividend per share
=1497968.98/350000
=4.280
Earnings per share
EPS = Net profit / number of shares
= 2450665(1-0.185)/350000
=5.7065
Current price = 43.36
P/E ratio
= Current price/EPS
= 43.36/5.7065
= 7.598
=7.6 to one decimal place.
Your answer for this question will be the second one on the list
Answer:
The greatest prime factor of 38 is 19
Answer:
Step-by-step explanation:
1. Replace F(x) with y.
2. Interchange x and y in y = 2x + 1: x = 2y + 1
3. Solve this result for y: 2y = x - 1, or y = (x - 1)/2
4. Replace y with:
-1
F (x):
-1 x - 1
F (x) = -----------
2
Answer:
x = 4
Step-by-step explanation:
Step 1: Write equation
-2x + 1 = -4x + 9
Step 2: Solve for <em>x</em>
- Add 4x to both sides: 2x + 1 = 9
- Subtract 1 on both sides: 2x = 8
- Divide both sides by 2: x = 4
Step 3: Check
<em>Plug in x to verify it's a solution.</em>
-2(4) + 1 = -4(4) + 9
-8 + 1 = -16 + 9
-7 = -7
