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
Please double check my work
AB = -2x
BC = 4x
The zero of the linear function is -2
<h3>How to determine the zero of the function?</h3>
This is the point where the line of the equation crosses the x-axis
From the attached figure, the line cross the graph at:
x = -2
Hence, the zero of the function is -2
Read more about linear equations at:
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Answer:
- 10/5 = -2
- 1.25 = Box next to -2
0.75 = 2nd box facing the right
-0.5 = Box next to -1.25
3/2 = Last box facing the right
Answer:
s=7
Step-by-step explanation: