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Tom [10]
3 years ago
7

Gerry is shopping for clothes at the mall.He buys 4 new shirts for $6.00.What is the unit rate for the shirts

Mathematics
2 answers:
elena-s [515]3 years ago
5 0

the unit rate is 4:6

9966 [12]3 years ago
5 0
The unit rate is $1.50 per shirt.

To find this, divide 6$ by 4 shirts to get 1.5
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Little Equipment for Hire is a subsidiary in the Giant Machinery and currently under the liquidation plan due to the severe cont
KATRIN_1 [288]

Complete Question:

The Giant Machinery has the current capital structure of 65% equity and 35% debt. Its net income in the current year is $250 000. The company is planning to launch a project that will requires an investment of $175 000 next year. Currently the share of Giant machinery is $25/share. Required: a. How much dividend Giant Machinery can pay its shareholders this year and what is dividend payout ratio of the company. Assume the Residual Dividend Payout Policy applies? b. If the company is paying a dividend of $2.50/share and tomorrow the stock will go ex-dividend. Calculate the ex-dividend price tomorrow morning. Assuming the tax on dividend is 15%? c. Little Equipment for Hire is a subsidiary in the Giant Machinery and currently under the liquidation plan due to the severe contraction of operation due to corona virus. The company plans to pay total dividend of $2.5 million now and $ 7.5 million one year from now as a liquidating dividend. The required rate of return for shareholders is 12%. Calculate the current value of the firm’s equity in total and per share if the firm has 1.5 million shares outstanding?

Answer:

a) Total dividend for the current year = $136,250

Dividend Payout Ratio = 0.545

b) Ex-dividend price = $22.875

c) Total current value = $9,196,428.57

Current value per share = $6.13

Step-by-step explanation:

a) Equity = 65%

Debt = 35%

Net Income for year 0 = $250,000

proposed Investment for year 1= $175,000

Current price = $25/share

Tax on dividend = 15%

Total dividend for year 0 = 250000 - (65% of 175000)

Total dividend for year 0= 250000 - 113750

Total dividend for the current year = $136,250

Dividend Payout Ratio = total dividends/ total earning

Dividend Payout Ratio = 136250/250000

Dividend Payout Ratio = 0.545

b) Dividend = $2.5/ share

Ex-dividend price = current price - Dividend * (1-tax on dividend)

Substituting the appropriate values:

Ex-dividend price = 25 - 2.5 * (1-15%)

Ex-dividend price = 25 - 2.125

Ex-dividend price = $22.875

c) Current value of the firm = Dividend paid in year 0 + (Dividend to be paid in year 1/discount rate)

Dividend paid in year 0 = $2,500,000

Dividend to be paid in year 1 = $7,500,000

Discount rate = 12%

Total current value = 2,500,000 + (7,500,000 / 1.12)

Total current value = $9,196,428.57

Numbe of shares = 1,500,000

Current value per share = Total current value / number of shares

Current value per share = 9,196,428.57/1,500,000

Current value per share = $6.13

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3 years ago
Drag the tiles to the correct boxes to complete the pairs.
makkiz [27]

Answer:

standard deviation- you can see how far each number varies, on average, from the average value of the list

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rank- with this function you can determine the position of a number in an unarranged array or set

Step-by-step explanation:

i took the test

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329-(-104)<br><br><br> Help ASAP
DochEvi [55]

Answer:

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Step-by-step explanation:

When there are 2 neatives together like that it changes to a positive. So it woud be 329+104=433

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69,017,409 is the correct answer
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Mai and Priya were on scooters. Mai traveled 15 meters in 6 seconds. Priya travels 22 meters in 10 seconds. Who was moving faste
Andrews [41]

Answer:

Mai was moving faster.

As, she covered a greater distance in the same amount of time.

Step-by-step explanation:

Given: Mai traveled 15 meters in 6 seconds and Priya travels 22 meters in 10 second.

Calculate the speed of both;

Speed defined as the rate at which an object covers distance.

Speed = \frac{Distance}{Time}

Mai traveled 15 meters in 6 seconds

then;

Speed = \frac{15}{6} = 2.5 m/s

Priya travels 22 meters in 10 second.

then;

Speed = \frac{22}{10} = 2.2 m/s

Reason: Mai traveled faster because she covered a greater distance in the same amount of time.

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