A fcompany has a constant 306200 shares during the fiscal year. At the beginning of the year it has an equity of $4699902 in their balance sheet, and during the year, as indicated by the income statement, it has a net income $399786 and pays out $297789 in dividends. What will be its book value per share at the end of the fiscal year? Answer to two places.

Answers

Answer 1

The book value per share at the end of the fiscal year will be approximately $15.35.

To calculate the book value per share, we need to divide the equity at the end of the fiscal year by the number of shares outstanding. Let's break down the calculation:

The number of shares outstanding: The company has a constant 306,200 shares during the fiscal year.

Equity at the beginning of the year: The balance sheet shows an equity of $4,699,902 at the beginning of the year.

Net income: The income statement indicates a net income of $399,786.

Dividends paid: The company pays out $297,789 in dividends.

To find the equity at the end of the fiscal year, we need to add the net income and subtract the dividends paid from the equity at the beginning of the year:

Equity at the end of the fiscal year = Equity at the beginning of the year + Net income - Dividends paid

= $4,699,902 + $399,786 - $297,789

= $4,801,899

Finally, to calculate the book value per share, we divide the equity at the end of the fiscal year by the number of shares outstanding:

Book value per share = Equity at the end of the fiscal year / Number of shares outstanding

= $4,801,899 / 306,200

≈ $15.65 (rounded to two decimal places)

Therefore, the book value per share at the end of the fiscal year will be approximately $15.35.

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Related Questions

Use the Singapore Bar Method, including drawings, to solve the following problem. Identify the unit value when appropriate, including labels. The sides of the triangle are in the ratio 5:7:8 and the longest side is 36 cm longer than the shortest side. Find the perimeter of the triangle.

Answers

When the sides of the triangle are in the ratio 5:7:8 and the longest side is 36 cm longer than the shortest side, the perimeter is 240cm.

How to calculate the perimeter

Let's assume the shortest side of the triangle has a length of x cm. According to the given ratio, the sides of the triangle are in the ratio 5:7:8. Therefore, the lengths of the sides can be expressed as:

Shortest side: 5x

Second side: 7x

Longest side: 8x

We are also given that the longest side is 36 cm longer than the shortest side. So we can set up the following equation:

8x = 5x + 36

Now, let's solve this equation to find the value of x:

8x - 5x = 36

3x = 36

x = 36 / 3

x = 12

Now we can substitute this value back into the expressions for the side lengths to find their actual lengths:

Shortest side: 5x = 5 * 12 = 60 cm

Second side: 7x = 7 * 12 = 84 cm

Longest side: 8x = 8 * 12 = 96 cm

Finally, we can calculate the perimeter of the triangle by adding the lengths of all three sides:

Perimeter = Shortest side + Second side + Longest side

= 60 cm + 84 cm + 96 cm

= 240 cm

Therefore, the perimeter of the triangle is 240 cm.

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Take the sample mean of this data series: 15, 26, 25, 23, 26, 28, 20, 20, 31, 45, 32, 41, 54, 23, 45, 24, 90, 19, 16, 75, 29 And the population mean of this data series: 15, 26, 25, 23, 26, 28, 20, 20, 31, 45, 32, 41, 54, 23, 45, 24, 90, 19, 100, 75, 29 Calculate the difference between the two quantities (round to two decimal places)

Answers

The sample mean of the given data series is 33.7 and the population mean is 35.86. The difference between the two quantities, rounded to two decimal places, is -2.16.

Sample mean and population mean are important terms in statistics. The sample mean is the average of a set of data taken from a larger population, while the population mean is the average of an entire population.

To find the sample mean of the given data series, we add up all the values and divide by the total number of values. Therefore,

Sample mean = (15+26+25+23+26+28+20+20+31+45+32+41+54+23+45+24+90+19+16+75+29) / 21
Sample mean = 33.7

To find the population mean, we use the same formula but with all the values of the population included. Therefore,

Population mean = (15+26+25+23+26+28+20+20+31+45+32+41+54+23+45+24+90+19+100+75+29) / 21
Population mean = 35.86

Finally, to find the difference between the two quantities, we subtract the sample mean from the population mean. Therefore,

Difference = Population mean - Sample mean
Difference = 35.86 - 33.7
Difference = -2.16 (rounded to two decimal places)

Therefore, the difference between the sample mean and population mean is -2.16.

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(3)(0.2)+9 help please

Answers

Answer:

9.6

Step-by-step explanation:

Answer:

[tex]9.6[/tex]

Step-by-step explanation:

1) Simplify 3 × 0.2 to 0.6.

[tex]0.6 + 9[/tex]

2) Simplify.

[tex]9.6[/tex]

Hence, the answer is 9.6




2. Find the solution to the recurrence relation bn = 4bn-1-4bn-2 with initial values bo = 1 and b₁ = 2.

Answers

The resultant of the recurrence relation bn = 4bn-1-4bn-2 with initial values bo = 1 and b₁ = 2 is bn = (1 + (n/2)) 2ⁿ.

The given recurrence relation is

bn = 4bn-1 - 4bn-2 with initial values bo = 1 and b₁ = 2. Now, we have to find the solution to the recurrence relation. It can be observed that the given recurrence relation is a second-order recurrence relation. The characteristic equation of the recurrence relation is given by:

r² = 4r - 4, which can be simplified as r² - 4r + 4 = 0. We need to solve this equation. It can be solved as r = 2

The characteristic equation of the given recurrence relation has two equal roots r1 = r2 = 2. Therefore, the general result of the recurrence relation is given by:

bn = (A + Bn) 2ⁿ

For the given initial values b₀ = 1, and b₁ = 2 we can write:

b₀ = (A + B(0)) 2⁰ => A = 1b₁ = (A + B(1)) 2¹ => A + 2B = 2

On solving these equations, we get A = 1 and B = 1/2

The resultant to the recurrence relation is:

bn = (1 + (n/2)) 2ⁿ

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Please help!!
A circle has a circumference of 1007 cm. What is the radius of the circle?

Answers

Answer:

3/2 I'm not sure I think it's that

Circumference = (pi)(diameter) or (2)(pi)(r)
Since you need the radius, we’ll use the second.

1007 = (2)(3.14)(r)
1007 = 6.28r
r = 160.350318

Round to the appropriate place.

please help me with this i will give brainliest

Answers

Answer:

A and E, The first and the last

A race was 993 meters. If 28 people ran in the marathon how many meters would they
have run total?

Answers

Answer:

27,804

Step-by-step explanation:

28x993= 27,804

Raffia went shopping for new furniture he bought a couch for $750 and a mattress for 950 dollars. When he came home he had $350 in his purse. How much money did he have when he left home. Please answer step by step will mark brainliest and thanks !!!!!!!!!!!

Answers

Answer:

$2050

Step-by-step explanation:

750+950+350

You have to add how much he spent and how much he had left over. He spent $750+$950=$1700. And he had $350 left so you add the $1700 he spent plus the $350 he had left over meaning he had $2050 to begin with.

HELP ASAP

44/15 converted into a mixed number (convert a fraction into a decimal before converting it into a mixed number)

Answers

Answer:

2 14/15

Step-by-step explanation:

44/15= 2.9333333333333

2.9333333333333= 2 14/15

Find the sum of the measures of the exterior angles of a convex 65-gon

Answers

Answer: 360

Step-by-step explanation: Sum of exterior angles of any convex polygon is always 360, think about it.

hi please help i’ll give brainliest

Answers

Answer:

Ellipse. It is irregular at some points.

Step-by-step explanation:

Answer:

b

Step-by-step explanation:

A food safety guideline is that the mercury in fish should be below 1 part per million (ppm) Listed below are the amounts of mercury (ppm) found in tuna sushi sampled at different stores in a major city Construct a 10% confidence interval estate f too much marcury in una sush? 051 0.01 0.10 0.96 128 057 056 What is the confidence interval estimate of the population mean? pppp Round to three decimal places as needed) Does it appear that there is too much mercury in una sush? OA. Yes, because it is possible that the mean is greater than 1 ppm. Also, at least one of the sample values exceeds 1 ppm, so at least some of the fish have too much mercury 1. No, because it is possible that the mean is not greater than 1 ppm Also, at least one of the sample values is less than 1 ppm, so at least some of the fish sale OC. Yes because it is possible that the mean is not greater than 1 ppm. Also, at least one of the sample values exceeds 1 ppm, so at least some of the fish have too much mercury OD. No. because it is not possible that the mean is greater than 1 ppm Also at least one of the sample values is less than 1 ppm, so at least some of the fish are safe

Answers

The confidence interval estimate of the population mean is (0.37, 0.75). The correct option is B No. Based on the confidence interval, it is not possible to say that the mean mercury level in tuna sushi is greater than 1 ppm.

How to explain the information

The confidence interval includes 1 ppm, so the true mean could be 1 ppm or less. Additionally, at least one of the sample values is less than 1 ppm, so at least some of the fish are safe.

The sample standard deviation is calculated by finding the square root of the sum of the squared deviations from the mean for each value in the sample. The sample size is the number of values in the sample.

Confidence interval = sample mean ± 1.645 * (sample standard deviation / ✓(sample size))

Confidence interval = 0.51 ± 1.645 * (0.24 / ✓(7))

= (0.37, 0.75)

As you can see, the confidence interval includes 1 ppm, so the true mean could be 1 ppm or less.

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What are the variables in this expression?
f + 2g + h/4 - 7

A) f and g only
B) g and h only
C) f, g, and -7 only
D) f, g, and h only

Answers

D
hope this helps :)

A blue circular target is tacked onto a square corkboard. The area of the target is 75 square units. What is the area of the corkboard that is not covered by the target?

Answers

The Correct Answer Is 25 Square Units

One pump can fill a tank of water in 5 hours. A second tank can fill the same tank in 4 hours. If both pumps are used together, how long will it take to fill the tank?
4/5 hours
20/9 hours
9/20 hours
5/4 hours

Answers

Answer:

4/5 hours

Step-by-step explanation:

Answer:

20/9 hours

Step-by-step explanation:

I got it right on the quiz

Plz help ASAP !!!!! Plzzz

Answers

Answer:

A box has 6 pencils. Each pencil weighs x grams. The 6 pencils weigh a combined total of 54 grams.

Step-by-step explanation:

someone help me please like right now lol of and don’t put any links pls!

Answers

Answer:

8 shirts

Step-by-step explanation:

Someone please please help me on this problem

Answers

Answer:

81 Pesos

Step-by-step explanation:

Use a proportion.

$3 is to 2 Pesos as $121.10 is to x Pesos.

3/2 = 121.1/x

3x = 2 * 121.1

3x = 242.20

x = 80.7333...

Answer: 81 Pesos

Hugo wanted to reorganize his superhero figure collection. He split his collection evenly
among 3 shelves. When he was done, there were 12 figures on each shelf. How many
figures are in Hugo's collection?

Answers

Answer:

36

Step-by-step explanation:

3*12=36

Consider the curve defined by the equation y = 47° +10x. Set up an integral that represents the length of curve from the point (-3,6) to the point (2,36).

Answers

The integral that represents the length of the curve from the point (-3,6) to the point (2,36) is L = ∫[-3 to 2] √101 dx.

To find the length of the curve defined by the equation y = 47° + 10x from the point (-3,6) to the point (2,36), we can use the arc length formula for a curve:

L = ∫[a to b] √(1 + (dy/dx)^2) dx

First, let's find dy/dx by taking the derivative of the given equation:

dy/dx = d/dx(47° + 10x) = 10

Now we can substitute this value into the arc length formula:

L = ∫[-3 to 2] √(1 + (10)^2) dx

Simplifying:

L = ∫[-3 to 2] √(1 + 100) dx

L = ∫[-3 to 2] √101 dx

Thus, the integral that represents the length of the curve from the point (-3,6) to the point (2,36) is:

L = ∫[-3 to 2] √101 dx

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Which equation represents a line that passes through the two points in the
table?
A. y-3 = 2/3(x-3)
B. y+3 = 3/2(x+3)
C. y-3 = 3/2(x-2)
D. y+3 = 2/3(x+3)

Answers

(3,3) and (6,5)
find slope
5-3/6-3=2-3=m so the answer is either a or d

now for point slope (3,3) was used so the correct equation would be
y-3=2/3(x-3) which is a!!

could someone help me solve 7h plus 3

Answers

you can’t simplify it or answer h without a total

find the profile or loss s.p= 575​

Answers

Answer:

more info?

Step-by-step explanation:

Find the missing length PLEASE HELP NEED IT ASAP

Answers

Answer:

c = [tex]\sqrt{58}[/tex]

Step-by-step explanation:

Using Pythagoras' identity in the right triangle

c² = 7² + 3² = 49 + 9 = 58 ( take the square root of both sides )

c = [tex]\sqrt{58}[/tex]

Answer:

58

Step-by-step explanation:

According to Pythagoras Theorem:

[tex] {7}^{2} + {3}^{2} = {c}^{2} [/tex]

Hence,

[tex] = > {c}^{2} = {7}^{2} + {3}^{2} [/tex]

[tex] = > {c}^{2} = 49 + 9[/tex]

[tex] = > {c}^{2} = 58[/tex]

[tex] = > c = \sqrt{58} [/tex]

So,

[tex]c = \sqrt{58} [/tex]

Is the answer.

24.1 let fn(x) = 1 2 cos2 √ nx n . prove carefully that (fn) converges uniformly to 0 on r.

Answers

We need to prove that the sequence of functions fn(x) = (1/2)cos^2(√nx) converges uniformly to 0 on the real numbers.

To prove uniform convergence, we need to show that for any ε > 0, there exists a positive integer N such that |fn(x) - 0| < ε for all n > N and for all x in the real numbers.

Given fn(x) = (1/2)cos^2(√nx), we observe that as n increases, the argument √nx inside the cosine function becomes larger, causing the cosine to oscillate more rapidly between 0 and 1. Since we are multiplying the cosine by (1/2) and taking its square, fn(x) gradually approaches 0 as n increases.

To formally prove uniform convergence, we can start by fixing ε > 0 and then choose N such that √Nx > 1/ε. By selecting this N, we can show that for all n > N, |fn(x) - 0| < ε for any x in the real numbers. This demonstrates that the sequence of functions fn(x) converges uniformly to 0 on the real numbers.

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An article in Technometrics ("Validation of Regression Models: Methods and Examples"presented the following data (which have been rounded to the nearest whole value) on the motor fuel octane ratings of several blends of gasoline:
89 99 90 92 93 88 88 91 95 88
90 83 88 93 88 90 84 90 92 91
93 94 88 92 90 91 91 88 94 97
89 90 89 91 89 89 90 84 92 92
90 92 88 93 91 93 89 92 88 94
87 87 89 90 90 91 8591 94 89
93 90 8790 91 91 93 93 92 93
89 100 90 89 87 90 96 91 88 92
a. Construct a frequency distribution for these data by filling in the table below. Use 8 bins. Lower limit Upper limit Midpoint Frequency Relative frequency
b. Use the frequency distribution on the previous page to construct a histogram for these data.

Answers

To analyze the motor fuel octane ratings data, we can start by constructing a frequency distribution and then use it to create a histogram.

The frequency distribution will provide information about the distribution of the data across different octane rating ranges, while the histogram visually represents the distribution graphically.

a. To construct a frequency distribution, we divide the data into bins and count the frequency of values falling within each bin. In this case, we will use 8 bins. We determine the lower and upper limits for each bin and calculate the midpoint by averaging the limits. Then, we count the number of values within each bin and calculate the relative frequency by dividing the frequency by the total number of values.

b. Once the frequency distribution is constructed, we can use it to create a histogram. The histogram represents the frequency or relative frequency of values within each bin as vertical bars. The bins are plotted along the x-axis, and the height of the bars represents the frequency or relative frequency on the y-axis. The histogram allows us to visualize the distribution pattern of the motor fuel octane ratings data, showing if it is skewed, symmetric, or has other characteristics.

By constructing a frequency distribution and creating a histogram, we can gain insights into the distribution of the motor fuel octane ratings data. The frequency distribution table provides a summarized view of how the data is spread across different octane rating ranges, while the histogram visually represents the same information in a graphical form. Both the frequency distribution and the histogram aid in understanding the distribution pattern, identifying potential outliers or gaps, and informing further analysis or decision-making related to the data.

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Triangle ABC has a side length of 8 and is dilated to Triangle XYZ with a side length
of 4. Is this a reduction or enlargement, and what is the scale factor?
v
Enlargement; scale factor of 1/2
Reduction; scale factor of 2
Enlargement; scale factor of 2
Reduction; scale factor of 1/2

Answers

Reduction scale factor 2

Help me plzzz with rectangle

Answers

Answer:

26

Step-by-step explanation:

SOLVE THIS PLEASE I WILL GIVE BRAINLIEST AND 5 STAR RATING! AND GIVING 70 POINTS!!!!!

Answers

Answer:

[tex]L^{2} + W^{2} = d^{2}[/tex]

d = 31.6

Step-by-step explanation:

[tex]L^{2} + W^{2} = d^{2}[/tex]

[tex]30^{2} + 10^{2} = d^{2}[/tex]

[tex]d^{2}[/tex] = 900 + 100

   =  1000

d = [tex]\sqrt{100}[/tex] = 31.6

a local ice cream shop has a special deal on thursdays: buy a waffle cone for $3 and get each scoop of ice cream for $1.50. what would be the rate of change in this word problem?

Answers

In the given word problem, the rate of change is the change in the cost of the ice cream concerning the change in the number of scoops.

That is, the rate of change is the ratio of the change in the cost of ice cream and the change in the number of scoops. Let's first calculate the initial rate of change or slope of the given deal: When we buy a waffle cone, the cost is $3, and we can buy one scoop of ice cream for $1.50.So, for one scoop of ice cream, the total cost would be 3 + 1.50 = $4.50.

We can represent the cost of one scoop of ice cream with the help of a linear equation: y = mx + b. Here, the slope or the rate of change, m = Change in cost of ice cream/ Change in the number of scoops= 1.5/1= 1.5Therefore, the rate of change of the ice cream with respect to the number of scoops is $1.50/scoop.

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