The answer would be 33 3/4.
Answer:
$282.59 per share
Step-by-step explanation:
Given that,
Stockholders' equity = $323 million
price/earnings ratio = 14
shares outstanding = 8,800,000
Market/book ratio =7.7
Book Value per share:
= Stockholders' equity ÷ shares outstanding
= $323,000,000 ÷ 8,800,000
= $36.70
Market price per share:
= Book Value per share × Market/book ratio
= $36.70 × 7.7
= $282.59 per share
Answer:
(2u - 1)(5u + 1) =0
Step-by-step explanation:
The two subtractions in the equation means that it will be a plus and a minus and 10u would not get -3 nor -1