Answer:
kshs 6,480,000
Step-by-step explanation:
Since, kshs 240,000 represent the 3% of the car price, you can use a rule of three to calculate the amount that represents 100%:
240,000 → 3%
x → 100%
x=(240,000*100)/3
x=8,000,000
So, the price of the car is kshs 8,000,000 and you can calculate the 16% of this, to find the amount that the dealer had to pay as government V.A.T:
8,000,000*16%=1.280.000
Now, you can subtract the comission and the government VAT from the car price:
8,000,000-240,000-1,280,000=6,480,000
According to this, the answer is that the dealer remained with kshs 6,480,000 from the sale of the car.
You could simplify this work by factoring "3" out of all four terms, as follows:
3(x^2 + 2x - 3) =3(0) = 0
Hold the 3 for later re-insertion. Focus on "completing the square" of x^2 + 2x - 3.
1. Take the coefficient (2) of x and halve it: 2 divided by 2 is 1
2. Square this result: 1^2 = 1
3. Add this result (1) to x^2 + 2x, holding the "-3" for later:
x^2 +2x
4 Subtract (1) from x^2 + 2x + 1: x^2 + 2x + 1 -3 -1 = 0,
or x^2 + 2x + 1 - 4 = 0
5. Simplify, remembering that x^2 + 2x + 1 is a perfect square:
(x+1)^2 - 4 = 0
We have "completed the square." We can stop here. or, we could solve for x: one way would be to factor the left side:
[(x+1)-2][(x+1)+2]=0 The solutions would then be:
x+1-2=0=> x-1=0, or x=1, and
x+1 +2 = 0 => x+3=0, or x=-3. (you were not asked to do this).
Answer:
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Step-by-step explanation:
Answer:
<u>The P/E ratio of the company's stock is 23.3.</u>
Step-by-step explanation:
1. Let's review the information given to us to answer the question properly:
Market value of the stock = $ 17.01
Earnings per share of the stock = $ 0.73
2. Find the P/E ratio of the stock.
Let's recall the formula of the P/E ratio:
P/E ratio = Market value of the stock/Earnings per share of the stock
Replacing with the real values, we have:
P/E ratio = 17.01/0.73 = 23.3
<u>The P/E ratio of the company's stock is 23.3.</u>
Answer:
the answer is 27 :)
Step-by-step explanation: