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Leni [432]
3 years ago
14

You are given the following information: Stockholders' equity = $323 million; price/earnings ratio = 14; shares outstanding = 8,

800,000; and market/book ratio =7.7. Calculate the market price of a share of the company's stock..
Mathematics
1 answer:
vagabundo [1.1K]3 years ago
3 0

Answer:

$282.59 per share

Step-by-step explanation:

Given that,

Stockholders' equity = $323 million

price/earnings ratio = 14

shares outstanding = 8,800,000

Market/book ratio =7.7

Book Value per share:

= Stockholders' equity ÷ shares outstanding

= $323,000,000 ÷ 8,800,000

= $36.70

Market price per share:

= Book Value per share × Market/book ratio

= $36.70 × 7.7

= $282.59 per share

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For the data set 4, 5, 10, 11, 15, the mean, x, is 9. What is the standard
stich3 [128]

Answer:

4.53

Step-by-step explanation:

Given the data :

4, 5, 10, 11, 15

The mean = 9

The standard deviation of a sample :

s = √[Σ(x - mean)²/(n-1)]

s = √[((4-9)² + (5-9)²+(10-9)² + (11-9)² + (15-9)²) / (5-1)]

s = √(25+16+1+4+36)/4

s = √20.5

s = 4.527

s = 4.53

5 0
3 years ago
What is the answer / product of 8x2
Mademuasel [1]

Reformatting the input :

Changes made to your input should not affect the solution:

(1): "x2"   was replaced by   "x^2".  

Rearrange:

Rearrange the equation by subtracting what is to the right of the equal sign from both sides of the equation :

                    8*x^2-(8)=0  

Step by step solution :

STEP

1

:

Equation at the end of step 1

 23x2 -  8  = 0  

STEP

2

:

STEP

3

:

Pulling out like terms

3.1     Pull out like factors :

  8x2 - 8  =   8 • (x2 - 1)  

Trying to factor as a Difference of Squares:

3.2      Factoring:  x2 - 1  

Theory : A difference of two perfect squares,  A2 - B2  can be factored into  (A+B) • (A-B)

Proof :  (A+B) • (A-B) =

        A2 - AB + BA - B2 =

        A2 - AB + AB - B2 =

        A2 - B2

Note :  AB = BA is the commutative property of multiplication.

Note :  - AB + AB equals zero and is therefore eliminated from the expression.

Check : 1 is the square of 1

Check :  x2  is the square of  x1  

Factorization is :       (x + 1)  •  (x - 1)  

Equation at the end of step

3

:

 8 • (x + 1) • (x - 1)  = 0  

STEP

4

:

Theory - Roots of a product

4.1    A product of several terms equals zero.  

When a product of two or more terms equals zero, then at least one of the terms must be zero.  

We shall now solve each term = 0 separately  

In other words, we are going to solve as many equations as there are terms in the product  

Any solution of term = 0 solves product = 0 as well.

Equations which are never true:

4.2      Solve :    8   =  0

This equation has no solution.

A a non-zero constant never equals zero.

Solving a Single Variable Equation:

4.3      Solve  :    x+1 = 0  

Subtract  1  from both sides of the equation :  

                     x = -1

Solving a Single Variable Equation:

4.4      Solve  :    x-1 = 0  

Add  1  to both sides of the equation :  

                     x = 1

Two solutions were found :

x = 1

x = -1

3 0
2 years ago
(x-9)(x+9) find the product
klio [65]

Method 1.

Use (a-b)(a+b)=a^2-b^2

(x-9)(x+9)=x^2-9^2=x^2-81

Method 2.

Use distributive property: (a + b)(c + d) = ac + ad + bc + bd

(x-9)(x+9)=(x)(x)+(x)(9)+(-9)(x)+(-9)(9)=x^2+9x-9x-81=x^2-81

7 0
3 years ago
A, B & C lie on a straight line. BD = CD. ∠ BCD = 70° and ∠ BAD = 10°. Work out x
trapecia [35]

Answer:

x= 100

Step-by-step explanation:

straight line = 180⁰

180-(70+10)= 100

5 0
3 years ago
A board game has 25 cards, each printed with a number from 1 through 25. Sameer shuffled the cards, and then selected 1 card.
Inessa05 [86]
We have to find the probability that one randomly selected card has a number less than 4 or a multiple of 9. There are numbers : 1 - 25. Numbers less than 4 are: 1, 2, and 3. Multiples of 9 that are less than 25 are : 9 ( 9 * 1 ) and 18 ( 9 * 2 ). So there are 5 favourable outcomes and 25 possible outcomes. The probability is: P ( A ) = ( number of favourable outcomes ) / ( number of possible outcomes ) = 5 / 25 = 1 / 5 = 0.2. Answer: The probability is 0.2 or 20 %<span>. </span>
8 0
3 years ago
Read 2 more answers
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