The right answer for the question that is being asked and shown above is that: "III. $20 a share ." Sally is looking to invest in Agricon Products when its P/E ratio is lower than 15. Each share is currently projected to earn $1.30 this year. The stock prices listed below would give the P/E ratio she is looking for is that III. $20 a share
Answer:
-2x-15
Step-by-step explanation:
Answer:
The earnings from 6 hours washing cars and 5 hours landscaping is $114.
Step-by-step explanation:
Earnings = 9w + 12l
Earnings = 9(6)+12(5)=54+60=114
Answer:
$9,769.50
Step-by-step explanation:
8,350(1.17) = 9,769.5
Answer:
The probability that the average length of rods in a randomly selected bundle of steel rods is greater than 259 cm is 0.65173.
Step-by-step explanation:
We are given that a company produces steel rods. The lengths of the steel rods are normally distributed with a mean of 259.2 cm and a standard deviation of 2.1 cm. For shipment, 17 steel rods are bundled together.
Let
= <u><em>the average length of rods in a randomly selected bundle of steel rods</em></u>
The z-score probability distribution for the sample mean is given by;
Z =
~ N(0,1)
where,
= population mean length of rods = 259.2 cm
= standard deviaton = 2.1 cm
n = sample of steel rods = 17
Now, the probability that the average length of rods in a randomly selected bundle of steel rods is greater than 259 cm is given by = P(
> 259 cm)
P(
> 259 cm) = P(
>
) = P(Z > -0.39) = P(Z < 0.39)
= <u>0.65173</u>
The above probability is calculated by looking at the value of x = 0.39 in the z table which has an area of 0.65173.