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:
yes I agree on the terms and policy here and my language I'm not sure what to think we are good to be in touch with my mom to call me when I get your address so we are working with my family in each group of peoples
2x-3+x=12-x+1
to solve an equation like this we have to put all the variables on one side and all the numbers on the other. we do this by subtracting, adding, multiplying, or dividing by the same things on each side of the equality.
lets add 3 to both sides first. you get
2x+x=12-x+1+3
now add x on both sides
2x+x+x=12+1+3
combine the terms
4x=16
divide by 5 on each side
x=4
Answer:
x = 11
Step-by-step explanation:
8x - 8 + 30 = 11x -11
3x = 33
x = 11
Answer:
He made a mistake in the second line.
Step-by-step explanation:
He factored out x out of 6-2x and 5+4x, which is not possible because there is not an x in both 6 and 5.
