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:
Kerry should pay = 155520
Step-by-step explanation:
Total amount paid = 14,4000 + 8% of 14,4000
It is given that,
Kerry purchased a used car for 14,4000. And had to pay 8% sales tax
<u>To find the 8% of 14,4000</u>
8% of 14,4000 = (8*144000)/100 = 11520
<u>To find total amount paid</u>
Total amount paid = 14,4000 + 8% of 14,4000
= 14,4000 + 11520 =155520
Therefore Kerry should pay = 155520
Answer:
20
Step-by-step explanation:
If all were kids, there would be 20 legs. A horse has 2 more legs than a kid. The extra 10 legs can be attributed to there being 5 horses.
Answer:
5 units
Step-by-step explanation:
The <u>volume of the cylinder</u> is the area of the circle multiplied by it's height. Therefore, the volume of the cylinder is πr² × h, which when simplified, gives us πr²h. Let's substitute the volume and the radius in the formula to find the height.
⇒ πr²h = Volume of cylinder
⇒ (π)(3²)(h) = 45π
Now, simplify the equation to evaluate the area of the cylinder.
⇒ (π)(3²)(h)/(3²)(π) = 45π/(3²)(π)
⇒ (h) = 45π/(9)(π) = 45/(9) = 5 units
