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.
Answer:
(a) 12 hours
(b) $220
Step-by-step explanation:
(a) First we plug in $364 for C
C=76+24h
364=76+24h
Subtract 76 from both sides
24h=288
Divide both sides by 24
h=12
She spent 12 hours fixing the drain
(b) First we plug 6 hours in for h
C=76+24(6)
Multiply it out
C=76+144
Add
C=220
It costs $220 for fixing a drain that takes 6 hours
$12.80 × 1.075 = $13.76
$13.76 × 1.15 =$15.82
The answer is y = -1/3x + 2
Because the y intersect is located at (0,2) we know that the b value in the formula y=mx + b is 2 and using rise over run we determine the slope to be -1/3
<h3>
Answer: 16 square units</h3>
Let x be the height of the parallelogram. Right now it's unknown, but we can solve for it using the pythagorean theorem. Focus on the right triangle. It has legs a = 3 and b = x, with hypotenuse c = 5
a^2 + b^2 = c^2
3^2 + x^2 = 5^2
9 + x^2 = 25
x^2 = 25-9
x^2 = 16
x = sqrt(16)
x = 4
This is a 3-4-5 right triangle.
The height of the parallelogram is 4 units.
We have enough info to find the area of the parallelogram
Area of parallelogram = base*height
Area of parallelogram = 4*4
Area of parallelogram = 16 square units
Coincidentally, the base and height are the same, which isn't always going to be the case. The base is visually shown as the '4' in the diagram. The height is the dashed line, which also happens to be 4 units long.
