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3 years ago

MechNerd has 3 dollars. He loses 1 dollar because he is dumb. How much does he have left?

Mathematics

2 answers:

VARVARA [1.3K]3 years ago

5 0

Answer:

MechNerd only has $2 left. :(

3 - 1 = 2

I hope this helps! Ty for the free points! XD

-Mikayla

Gnesinka [82]3 years ago

3 0

Answer:

2 Dollars.

Step-by-step explanation:

He had 2 dollars left because he start with 3 and loses 1 which is subtraction (3-1) you are left with the answer 2 Dollars.

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Ghost, Inc., has no debt outstanding and a total market value of $369,600. Earnings before interest and taxes, EBIT, are project

arlik [135]

Answer:

Ghost Inc.

A1.

Earnings Per share (EPS)

EPS in normal projection is $4.61 per share

EPS in an expansion is $5.31 Per share

EPS in a recession is $3.51 Per share

A2.

Changes to EPS in an expansion is +15.18%

Changes to EPS in a recession is -23.86%

B1.

Earnings Per share (EPS)

EPS in normal projection is $7.23 per share

EPS in an expansion is $8.62 Per share

EPS in a recession is $5.01 Per share

B2.

Changes to EPS in an expansion is +19.23%

Changes to EPS in a recession is -30.71%

Step-by-step explanation:

<u>Underlying Information:</u>

Earnings before interest and taxes, EBIT projections = $51,000

Expansionary EBIT projections = $51,000 x (100% + 15%) = $58,650

Recessionary EBIT projections = $51,000 x (100% -24%) = $38,760

Tax Rate = 24%

Market to Book Ratio = 1.0

Stock Price is constant.

Solution to A1.

<u>Scenario 1 (Projected Earnings)</u>

Earnings Per Share (EPS) = Net Income (Earnings after Tax) divided by Outstanding Shares in Issue

Net Income = EBIT minus tax = $51,000 - ($51,000 x 24%)

= $51,000 - $12240

= $38,760

Outstanding shares in issue = 8,400 ordinary Shares

EPS = $38,760 divided by 8,400 shares = $4.61 Per share

<u>Scenario 2 (Projected Earnings in a strong expansion)</u>

Earnings Per Share (EPS) = Net Income (Earnings after Tax) divided by Outstanding Shares in Issue

Net Income = EBIT minus tax = $58,650 - ($58,650 x 24%)

= $58,650 - $14,076

= $44,574

Outstanding shares in issue = 8,400 ordinary Shares

EPS = $44,574 divided by 8,400 shares = $5.31 Per share

<u>Scenario 3 (Projected Earnings in a Recession)</u>

Earnings Per Share (EPS) = Net Income (Earnings after Tax) divided by Outstanding Shares in Issue

Net Income = EBIT minus tax = $38,760 - ($38,760 x 24%)

= $38,760 - $9,302.4

= $29,457.6

Outstanding shares in issue = 8,400 ordinary Shares

EPS = $44,574 divided by 8,400 shares = $3.51 Per share

Solution to A2.

1.Changes to EPS in an expansion = EPS (Expansion) minus EPS (normal projection), all divided by EPS (normal projection)

= (5.31 - 4.61) / 4.61

= +15.18% change during an expansion

2.Changes to EPS in a recession = EPS (Recession) minus EPS (normal projection), all divided by EPS (normal projection)

= (3.51 - 4.61) / 4.61

= -23.86% change during a recession

<u>Underlying Information:</u>

Debt issue = $185,000

Interest on debt issued = 6% = $11,100

Market to Book Ratio = 1.0

Stock Price is constant.

Therefore Share Price = Market Value divided by Outstanding shares in issue = 369,600 / 8400 = $44

This implies our proceeds of $185,000 from debt issue would have repurchased $185,000 divided by $44 = 4,205 ordinary shares

This decision to repurchase its shares indicates the shares outstanding will reduce by 4,205. New outstanding shares will now be 4,195 shares

*Earnings before interest and taxes, EBIT normal projections = $51,000 & Earnings Before Tax (EBT) = $51,000 minus $11,100 (debt interest) = $39,900

*Expansionary EBIT projections = $51,000 x (100% + 15%) = $58,650 & Earnings Before Tax = $58,650 minus $11,100 (debt interest) = $47,550

*Recessionary EBIT projections = $51,000 x (100% -24%) = $38,760 & Earnings Before Tax = $38,760 minus $11,100 (debt interest) = $27,660

Tax Rate = 24%

Solution to B1.

<u>Scenario 1 (Projected Earnings)</u>

Earnings Per Share (EPS) = Net Income (Earnings after Tax) divided by Outstanding Shares in Issue

Net Income = EBT minus tax = $39,900 - ($39,900 x 24%)

= $39,900 - $9,576

= $30,324

Outstanding shares in issue = 4,195 ordinary Shares

EPS = $30,324 divided by 4,195 shares = $7.23 Per share

<u>Scenario 2 (Projected Earnings in a strong expansion)</u>

Earnings Per Share (EPS) = Net Income (Earnings after Tax) divided by Outstanding Shares in Issue

Net Income = EBT minus tax = $47,550 - ($47,550 x 24%)

= $47,550 - $11,412

= $36,138

Outstanding shares in issue = 4,195 ordinary Shares

EPS = $36,138 divided by 4,195 shares = $8.62 Per share

<u>Scenario 3 (Projected Earnings in a Recession)</u>

Earnings Per Share (EPS) = Net Income (Earnings after Tax) divided by Outstanding Shares in Issue

Net Income = EBT minus tax = $27,660 - ($27,660 x 24%)

= $27,660 - $6,638.40

= $21,021.60

Outstanding shares in issue = 4,195 ordinary Shares

EPS = $21,021.60 divided by 4,195 shares = $5.01 Per share

Solution to B2.

1.Changes to EPS in an expansion = EPS (Expansion) minus EPS (normal projection), all divided by EPS (normal projection)

= (8.62 - 7.23) / 7.23

= +19.23% change during an expansion

2.Changes to EPS in a recession = EPS (Recession) minus EPS (normal projection), all divided by EPS (normal projection)

= (5.01 - 7.23) / 7.23

= -30.71% change during a recession

6 0

3 years ago

Graph the function y = 8 –. Which is the best approximation of a point on the function? (4.4, 3.421) (4.6, 4.232) (5.2, 4.025) (

Trava [24]

Answer: (5.9, 3.781)

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3 years ago

Your brother works for a company that cleans and paints the outside of houses at a rate of $35 per hour. The company charges a f

Reptile [31]

Answer:

<h2>The x represents the hours my bro will work for in that company </h2>

8 0

3 years ago

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Claudia added an equilateral triangle shape that is one inch high and one inch wide to a slide in her presentation. She clicked

mr_godi [17]

The effect of Claudia's changing the height of of the triangle from 1 inch

to 3 inches is the option;

The height of the triangle changed to three inches but the width remained 1 inch

<h3>Which option gives the effect of changing the height?</h3>

The given dimensions of the equilateral triangle Claudia added are;

Height of the triangle = 1 inch

Width of the triangle = 1 inch

The value Claudia typed in the Shape Height box = 3

Required:

What happened to the shape after she press Enter

Solution:

By entering 3 in the Shape Height box, changes the height of the

equilateral triangle to 3 inches but the width remains 1 inches

From a similar question posted online, the correct option is therefore;

The height of the triangle changed to three inches but the width remained 1 inch

Learn more about triangles here:

brainly.com/question/16430835

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2 years ago

What is the answer to 3/x=-3/3x+5

Aleonysh [2.5K]

Answer:

$-\frac{5}{4} =x$

Step-by-step explanation:

We first need to bring x up into the numerator. I will find common denominators by multiplying both sides by each denominator.

$\frac{x(3x+5)}{1} *\frac{3}{x} =\frac{-3}{3x+5}*\frac{x(3x+5)}{1}$

This will eliminate both denominators and leave me with

$(3x+5)3=-3(x)\\9x+15=-3x$ after I simplify the parenthesis.

Now I will solve the equation for x by subtracting 9x from both sides.

$9x-9x+15=-3x-9x\\15=-12x$

Then divide by the coefficient of x.

$\frac{15}{-12}=\frac{-12x}{-12}$

$-\frac{5}{4} =x$

7 0

4 years ago