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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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Answer: A. 13ft

Explanation:

a^2 + b^2 = c^2
a = 5, b = 12

5^2 = 25, 12^2 = 144

25 + 144 = 169

Square root of 169 = 13
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A coin is tossed 200 times, if the probability of getting a head is 5/8, how many times tail is obtained in all in tossing the c
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Answer:

You would get tails 75 times, or 75:200

Step-by-step explanation:

5:8 = x:200

multiply 8 by 25 to get 200

multiply 5 by 25 to get x (125)

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Only one question, correct answer gets brainliest
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16.3420

Step-by-step explanation:

here is what I got

7 0
2 years ago
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Billy received a raise after his first year on the job to $45,000 from his initial salary of $42,400. What was his real raise st
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Billy get 5.9% raise after completing first year.

<h3>What is PERCENTAGE?</h3>

A percentage is a number or ratio that can be expressed as a fraction of 100. If we have to calculate percent of a number, divide the number by the whole and multiply by 100.

Here, Billy's initial salary = $ 42,500

After raise, salary become $ 45,000

Change in salary = Raised salary - Initial salary

                            = 45000 - 42500

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% Change = change / initial salary  X 100

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Thus, Billy get 5.9% raise after completing first year.

Learn more about Percentage from:

brainly.com/question/14979505

#SPJ1

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