Gross profit, G = $2450665
Tax, t=18.5%
reinvestment, r = 25%
Total dividends
= G(1-t)(1-r)
=2450665*(1-0.185)(1-0.25)
=1497968.98
Dividend per share
=1497968.98/350000
=4.280
Earnings per share
EPS = Net profit / number of shares
= 2450665(1-0.185)/350000
=5.7065
Current price = 43.36
P/E ratio
= Current price/EPS
= 43.36/5.7065
= 7.598
=7.6 to one decimal place.
Step-by-step explanation: First you convert the equation into standard form, which is y=mx+b . Then graph it. When it is in the form y=mx+b it is easier to graph. Then you can see the intercepts on the graph and come up with your answer.
Hope this helps!
Answer:
| -7.8. | = 7.8
Step-by-step explanation:
The symbol for absolute value is two straight lines surrounding the number or expression for which you wish to indicate absolute value.
Parallel lines always have the same slope. In fact that is the definition of parallel lines :P (Technically they have the same slope and different y-intercepts, because parallel lines can never intersect...)
D
