The equation of f(x) is f(x) = x + 4
<h3>How to determine the equation?</h3>
The given parameters are
f(-1) = 3 and f(1) = 5
Start by calculating the slope (m) using:
This gives
Evaluate
m = 1
The equation is then calculated as;
f(x) = m(x - x1) + f(-1)
This gives
f(x) = 1(x + 1) + 3
Expand
f(x) = x + 4
Hence, the equation of f(x) is f(x) = x + 4
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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.
Answer:
25 and 17
Step-by-step explanation:
25+17=42
25-17=8
Two equivalent ratios for 30 to 6 can be 15 to 3 or 45 to 9
