X Ltd. has 10 lakhs equity shares outstanding at the beginning of the accounting year 2016. The appropriate P/E ratio for the industry in which D Ltd. is 8.35. The earnings per share is Rs. 15 in the last twelve months and current P/E ratio for the company is 10. The EPS is expected to be Rs. 20 at the end of the accounting year and the company has an investment budget of Rs. 4 crores. Based on M-M approach calculate the market price of share of the company. (a) When the Board of Directors of the company has recommended Rs. 8 per share as dividend which is (i) declared, and (ii) not declared. (b) How many new shares are to be issued by the company at the end of the accounting year when (i) the above dividends are distributed, and (ii) dividends are not distributed. (c) Show that the market value of the shares of the company at the end of the accounting year will remain the same whether dividends are distributed or not declared.​

When comparing the northern and southern hemisphere, why are the peak maximum and minimum values of insolation at different times of the year? specifically, why is the peak max of incoming solar radiation in june for the northern hemisphere, but in december for the southern hemisphere? pick the best, most complete answer. because of variations in the incident angle of solar radiation, due to the tilt of earth's axis, the northern hemisphere receives more direct solar radiation in june while the southern hemisphere receives less direct solar radiation. the reverse is true in december. because of earth's tilt, as the earth progresses in its revolution around the sun, the northern hemisphere is relatively closer to the sun in june while the southern hemisphere is relatively farther from the sun. the reverse is true in december. because of earth's elliptical orbit, the northern hemisphere is relatively closer to the sun in june/july while the southern hemisphere is relatively farther from the sun. the reverse is true in december. because of variations in the incident angle of solar radiation and the length of day, due to the tilt of earth's axis, the northern hemisphere receives more direct solar radiation and has longer daylight hours in june while the southern hemisphere receives less direct solar radiation and shorter daylight hours. the reverse is true in december.

Of the following choices, which ones are characteristics of west african society? select all that apply. a. arabic was the main language used when trading with other societies. b. christianity was the only religion practiced in villages. c. slaves had no rights and were only given specific farming tasks. d. skilled workers were a higher level in the caste system than traders. e. religious rituals encouraged the honoring of ancestors.

Though most presidents have claimed affiliation with a christian church, the only roman catholic president has been a) abraham lincoln. b) john f. kennedy. c) george washington. d) franklin d. roosevelt.