If Franchesca read 57 pages every 2 hours then you have to divide 57 by 2 to see how many pages she reads per hour. 57 divided by 2 is 28. Then you multiply 28 by 5 and you have your answer which is 140.
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Answer:
A. 40.18
B. 42.80
Step-by-step explanation:
A. To find the discount price of an item multiply the price by the percentage you pay. Its discounted 20% meaning you pay 80%. Then the price of the coat is 0.8(50.22) = 40.18.
B. The sale price of a shirt is 25.68. The original price as reduced by 3/5. The original price is equal to 25.68 = 3/5x. Solve for x by multiplying by the reciprocal. 25.68 ( 5/3) = x. 42.8 = x.
Answer:
<u>The current value of Vincent's Hotel common stock is US$ 12.95, that fulfills the requirement of an investor of 17% of rate of return annually.</u>
Step-by-step explanation:
1. Let's review the information given for answering correctly the question:
Currently common stock dividend = US$ 2.20
Annual growth of the dividend for the next 2 years = 3%
Annual growth of the dividend after the next 2 years = 0%
2. What is the current value of Vincent’s Hotel common stock to an investor requiring 17% rate of return?
17% = 0.17
Current value of Vincent's Hotel common stock = 2.20/0.17
<u>Current value of Vincent's Hotel common stock = US$ 12.95</u>
Step-by-step explanation:
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