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.
Answer:
<h3>
33°</h3>
Step-by-step explanation:
Sum of measures of angles in any triangle is 180°
The maesure of right angle is 90°
So: m∠EFD = 180° - 90° - 57° = 33°
We actually need the choices but oh well, we can simpify and hopefuly it is one of the choices
remember the distributive property
a(b+c)=ab+ac
so
7(p+2n)+n
distribute first
7(p)+7(2n)+n
7p+14n+n
7p+15n is an equivilent expression
The sequence above is geometric progression.
The nth term of such sequence is given by;
Tn = ar∧(n-1),
Where a⇒first term and
r⇒common ratio
So, 1st term = 5×1.25∧(1-1) = 5×1.25∧0 =5
2nd term = 5×1.25∧(2-1) = 5×1.25 = 6.25
3rd term = 5×1.25∧(3-1) = 5×1.25² = 7.8125
4th term = 5×1.25∧(4-1) =5×1.25³ = 9.765625
5th term = 5×1.25∧(5-1) = 5×1.25∧4 = 12.20703125
6th term = 5×1.25∧(6-1) = 5×1.25∧5 = 15.25878909