Find the Standard Divisor for the Given Situation Find the Standard Quota for the Third Precinct

question 37

Multiple Choice

Find the standard divisor for the given situation. Round your answer to two decimals.
-A small city has 45 police officers to be apportioned among 8 precincts based on the population of Each precinct. The populations are given in the following table. $$\begin{array} { l l l l l l l l l } \hline \text { Precinct } & \mathbf { 1 } & \mathbf { 2 } & \mathbf { 3 } & \mathbf { 4 } & \mathbf { 5 } & \mathbf { 6 } & \mathbf { 7 } & \mathbf { 8 } \\\hline \text { Population } & 2115 & 3659 & 3117 & 1883 & 4912 & 4027 & 2776 & 3174 \\\hline\end{array}$$
Find the standard quota for the Third Precinct.

• A) 6.76
• B) 4.59
• C) 5.47
• D) 5.16

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Definitions:

FCFF

Free Cash Flow to the Firm (FCFF) is a measure of a company's financial performance that shows how much cash is available for distribution among all securities holders after paying taxes, reinvesting in the business, and meeting working capital needs.

FCFE

Free Cash Flow to Equity, a measure of how much cash can be paid to equity shareholders of the company after all expenses, reinvestment, and debt repayments.

Price-to-Book Ratio

A valuation metric comparing a company's current market price to its book value.

P/E Ratio

The price-to-earnings ratio is a valuation metric for a stock, calculated by dividing the market price of a share by the earnings per share, indicating how much investors are willing to pay per dollar of earnings.