Answer: I don't believe i understand.
Step-by-step explanation:
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
Step-by-step explanation:
-3-24x-36>-111
-39-24x>-111
-24x>-111+39
-24x>-72 /x(-1)
24x<72
x<2.66
Answer: For every 1 can of red paint, the number of yellow paints used by the painter is
and
There are approximately 29 cans of yellow paints for 34 cans of red paints.
Step-by-step explanation:
Since we have given that
Number of cans of red paint = 14
Number of cans of yellow paint = 12
According to question, we have to find that for every 1 can of red paint the painter uses what number of yellow paints;
Since the ratio of red paint to yellow paint is given by

So, for every 1 can of red paint, the number of yellow paints used by the painter is 
Similarly,
If Number of can of red paint is used = 34
So, Number of cans of yellow paint will be

Hence, there are approximately 29 cans of yellow paints for 34 cans of red paints.