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:
Gross Base pay is equals to $129
Step-by-step explanation:
Gross base pay can be defined as the pay per hour which has been discussed and finalized by the employer and employee at the time of job offering. It is the minimum amount of pay the employee is to receive. The tips, bonuses, allowances are not considered in the Gross base pay. Moreover, it is the basic pay an employee gets before any kind of tax deductions..
Gross base pay can easily be calculated by multiplying the pay per hour with the number of hours worked.
Pay per hour = $8.60
Numbers of hours worked = 15
Gross Base Pay = 8.60×15 = $129
Answer:
21
Step-by-step explanation:
Let x be the amount of ticket for each game
Given
The expression 8x + 62 represents the total cost of the football game
The total coat for the.game will be
8(7)+62
= 56+62
= 118
If 9x + 34 represents the total cost of the baseball game. The total coat will be;
9(7)+34
= 63+34
=97
To know how much more football game costs, we will take the difference in their cost.
Difference = 118-97
Difference= 21
Hence football game costs 21 more than baseball
Distribute: 3x+6+4=5x+7
Simplify: 3x+10=5x+7
Subtract 3x from both sides: 10=2x + 7
Subtract 7 from both sides: 3=2x
Divide by 2: x=3/2
x=3/2