the right answer is actually 30,60,90, I got the answer right on the test
Answer:
79 books
Step-by-step explanation:
45% books not returned = 55% books will be returned
145 books currently checked out
55% of 145 = 79.75
since you can't return 3/4 of a book, i would round down to 79.
Step-by-step explanation:
Let the son's age be x and man be y
y=26+x
y=8+3x
x=9
Son's age is 9
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.