Hey!
Your answer would be 4!
3*4+2=14
Hope this helped! Make sure to check my calculations before submit!
Godspeed
-Song
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.
It's A. If U=16, 6+10=16
and if you plug in the numbers for the second equation it's 36=2(10)+16
