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: 72 cars.
Step-by-step explanation:
Let be "x" the number of toys that Moby had to start with.
According to the information given in the exercise, Moby sold half his toy car collection. This can be represented with the following expression:

Then he bought 12 more cars, giving a total amount of 48 toy cars.
Therefore, the equation that represents this situation is the equation shown below:

Now you must solve for "x" in order to find its value.
You get that this is:

Answer:
Step-by-step explanation:
Easy way to do this is step by step. Your quadratic, from your entry, must be
.
Step by step looks like this, one thing at a time:
becomes
becomes

and this of course is

Do the same with the subtraction sign to get the other solution.
If you're unsure of how to enter it into your calculator, do it step by step so you don't mess up the sign. If you enter it incorrectly, you could end up with an imaginary number when it should be real, or a real one that should be imaginary.
Just my advice as a high school math teacher.