Answer: $20
Step-by-step explanation:
First, the earnings per share will be:
= $600 mill / 100 mill shares
= $6 per share
Since the retention ratio is 20%, it means that the payout ratio = 100% - 20% = 80%.
Therefore, the dividend per share will be:
=$6 × 80%
= $6 × 0.8
=$4.80
We will calculate then calculate market price as:
Dividend yield =Dividend per share / Market price
0.04 =$4.80 / Market price
Market price =$4.80 / 0.04
Market price = $120
The price earnings ratio will be:
= Market price / EPS
= $120 / $6
= $20
Answer:
The price of one hotdog is $2.50
Step-by-step explanation:
You can first write this out as an equation to make it easier to solve.
Lets say that x= the price of a hot dog and y= the price of popcorn
The equation would be:
6x + y = 18.20
We know that y= 3.20 so we can subtract 3.20 from 18.20. That will leave us with 6x = 15
Then, we just have to divide both sides by 6 and our answer comes out as x = 2.50
(this is one of my first answers so apologies for any mistakes)
Answer:
D
Step-by-step explanation:
(f-g)(x) = f(x) - g(x)
=3x^3+8x^2-7x-4-(2x-6)
=3x^3+8x^2-9x+2
Answer
8
Step-by-step explanation:
160 divided by 8 = 20
100 divided by 8 = 20
