Answer:
11,875,000 common shares outstanding
Step-by-step explanation:
The number of common shares outstanding of Harper industries is determined by the company's common equity added to its MVA and then divided by the stock price per share.
If common equity is $900 million, MVA is $50 million and the price per share is $50, the number of shares outstanding is:
![n=\frac{900,000,000+50,000,000}{80}\\n=11,875,000](https://tex.z-dn.net/?f=n%3D%5Cfrac%7B900%2C000%2C000%2B50%2C000%2C000%7D%7B80%7D%5C%5Cn%3D11%2C875%2C000)
Answer:
![P = 17.65N - 750](https://tex.z-dn.net/?f=P%20%3D%2017.65N%20-%20750)
Step-by-step explanation:
From basics, we know:
Profit = Revenue - Cost
We need to substitute the expressions into this formula and simplify the expression if possible to find profit in terms of "N".
Given:
Cost = 16.95N + 750
Revenue = 34.60N
Thus,
Profit = 34.60N - (16.95N + 750)
Simplifying:
Profit = 34.60N - 16.95N - 750
Profit = 17.65N - 750
Thus,
P = 17.65N - 750
This line has a zero slope, which means that the y value doesn't change at all.
Mathematically, it can be shown simply as
Answer:
F. 3 5/6
Step-by-step explanation:
3/5b - 1/2 = 1 4/5
Add 1/2 to both sides. To do this make the 4/5 have a common denominator of 10 by multiplying it by 2/2. Make 1/2 have a common den. of 10 by multiplying it by 5/5.
- 4/5 * 2/2 = 8/10
- 1/2 * 5/5 = 5/10
Now you can add.
3/5b = 1 13/10, which can be simplified to 2 3/10.
To isolate b, divide both sides by 3/5. This is the same as multiplying by 5/3 (reciprocal). First make 2 3/10 an improper fraction.
23/10 * 5/3 = 115/30
Simplified: 3 5/6