There is an income tax on the planet Bozone. Both annual income, x , and income tax, T ( x ) , are measured in the local currenc
y, the Bozat ( B η ). If the annual income x < 1000 , then the income tax is 10% of the income: T ( x ) = 0.10 x . If annual income x ≥ 1000 , then the income tax is 15% of the income: T ( x ) = 0.15 x . a. The equation for the income tax on income between B η 0 and B η 1000 is of the form T ( x ) = m x + b . Find the values of m and b .
1 answer:
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Answer:
$22.2222, $9.5238, respectively
Explanation:
The market-to-book ratio is given by a share's market value divided by its book value, if shares are selling for $100 on the market, the book value is:
The price to earnings ratio (PE ratio) is determined as a share's price divided by the earnings per share. Earnings per share are:
The book value per share and earnings per share are $22.2222, $9.5238, respectively