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.
Step-by-step explanation:
2x = y-10
Rewrite as: 2x + 10 = y
Therefore:
2x+10 = y
2x +7 = 2y
Subtract the equations:
2x + 10 = y
- 2x + 7 = 2y
______________
3 = -y
Therefore y = -3
Substiture y = -3 into the second equation:
2x + 7 = 2(-3)
2x + 7 = -6
2x = -13
x= -6.5
Answer : (-6.5, -3)
Answer:
60 gallons
Step-by-step explanation:
so he enlarged it by three so it would be 24by30
because of that, you have to multiply 20g by 3 also
that gives you 60 gallons
The answer is A. I just finished the test.
4 is 80% of 5, because 1 is worth 20%
