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Ferrell Inc. recently reported net income of $6 million. It has 720,000 shares of common stock, which currently trades at $41 a share. Ferrell continues to expand and anticipates that 1 year from now, its net income will be $7.8 million. Over the next year, it also anticipates issuing an additional 252,000 shares of stock so that 1 year from now it will have 972,000 shares of common stock. Assuming Ferrell's price/earnings ratio remains at its current level, what will be its stock price 1 year from now? Do not round intermediate calculations. Round your answer to the nearest cent.
An oil burner propels air that has been heated to 90 °C. The temperature then drops as the distance from the burner increases, as shown in the following table.
Create an example of a real-life word problem, which can be solved using algebraic inequalities. Write the problem, and then solve the problem.
If one gallon of paint has a volume of approximately 4000 cm3, what is the maximum number of whole gallons of paint that can be poured into the bucket?
The cost/square foot of the material for the side of the barrel is half that of the cost/square foot for the top and bottom. Help him find the dimensions of the barrel that can be constructed at a minimum cost in terms of material used.
Can you help me break down this question; How do civil society organizations shape democratic participation, especially for women in states that are predominantly ruled by males?
(a) How many committees of six can be formed from the club membership? (b) How many committees will contain at least three men who, in the preliminary survey,favored opening membership to women?
a.) Assuming the ball selection is without replacement. What is the probability that the first ball is white and the second ball is red?
How long does it take the average passenger to pass through security? If there were no wanding, how long would it take the average passenger to pass through security
The widths of the baseball playing area in Boston's Fenway Park at 45-ft intervals are shown in Fig. Find the playing area using the trapezoidal rule.
A contractor digs a hole for the basement of a house that is 40 feet long and 10 1/2 feet deep. What is the width of the hole if 6,510 cubic feet are removed?
Create a binary decision tree that reflects the way a coin-sorting machine deals with standard US coins (penny, nickel, dime, quarter, half-dollar, and dollar).
1. Why is it necessary to account for the order of a matrix when adding or subtracting matrices? 2. Explain the conditions necessary to multiply two matrices, each of a different order. What does the scalar multiplication of a Matrix means? Give an..
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