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:
-9 3/4
Step-by-step explanation:
The last step is to simplify the fraction into a mixed one.
$678.58 if u can give me brainliest thx! :)
Answer:
x=3
Step-by-step explanation:
y= -2
4x-3y=18
4x-3(-2)=18
4x-(-6)=18
4x+6=18
4x+6-6=18-6
4x=12

x=3
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