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Vaselesa [24]
2 years ago
13

The financial statements of Burnaby Mountain Trading Company are shown below.

Business
1 answer:
miskamm [114]2 years ago
5 0

Based on the financial information of Burnaby Mountain Trading Company, the P/E ratio for 2017 is $36.

<h3>What is the P/E Ratio for Burnaby in 2017?</h3><h3 />

First find the earnings per share:

= Net income / Number of shares at end of 2017

= 150,000 / 200,000

= $0.75

Then find the P/E ratio:

= Market value per share / Earnings per share

= 27 / 0.75

= $36

Find out more on the P/E ratio at brainly.com/question/25772598.

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ABC has the following: cash, $102 million; receivables, $94 million; inventory, $182 million; other current assets, $18 million,
Leno4ka [110]

Answer:

Current ratio = 4.04      

Explanation:

Current ratio measures the ability of a business to settle its short term obligations using its liquid financial resources (current assets)

<em>A current ratio in excess of 2 is considered as adequate (except for some special occasions) and vice versa</em>.

Current ratio is computed as follows:

Current ratio = current assets/current liabilities

Applying this we have

                                                                                    $

Cash                                                                          102

Receivable                                                                 94

Inventory                                                                   182

Other current assets                                                <u> 18</u>

<em>Total current assets                                                 396 </em>

<em><u>To</u></em><em>tal current liability                                                 98</em>

Current ratio=    Total current assets / T<u>o</u>tal current liability        

Current ratio = 396/98= 4.04:1                        

Current ratio = 4.04                

3 0
4 years ago
The martin family has a disposable income of $90,000 annually. assume that their marginal propensity to consume is 0.8 (the mart
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90000$:100%=x$:80%, x*100=90000*80, x=72000$
The Martin family spends 80% of annual income which is 72000$ and their autonomous consumption spending is 10000$.
So Martin's family annual consumer spending is 72000$+10000$=82000$.
7 0
4 years ago
He contract that contains provisions for surface leases related to a property is the _____.
vfiekz [6]

The contract that contains provisions for surface leases related to a property is the <u>Farm</u><u> </u><u>and Ranch contract.</u>

<u />

A void contract is a contract that fails a validity test and is therefore not a contract. A void contract is a contract that initially appears valid but may be terminated by a party deemed to have interfered in some way.

<u />

After a reasonable period of time, the contract is considered accepted and can no longer be objected to. Other examples include real estate contracts, attorney contracts, etc. If a contract is concluded without the free consent of the parties, it will be considered a void contract.

A voidable contract is a formal agreement between two parties that can be made unenforceable for a variety of legal reasons, including Errors, Misrepresentations, or Fraud. Excessive influence or coercion.

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8 0
2 years ago
You will undoubtedly find yourself in numerous leadership situations during your professional career. accordingly, you should un
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3 years ago
The Kentucky government approves tax incentives to encourage more industry to move to the state. Which of the following statemen
AVprozaik [17]

Answer:

a

Explanation:

A good has positive externality if the benefits to third parties not involved in production is greater than the cost. an example of an activity that generates positive externality is research and development. Due to the high cost of R & D, they are usually under-produced. Government can encourage the production of activities that generate positive externality by granting subsidies.

A good has negative externality if the costs to third parties not involved in production is greater than the benefits. an example of an activity that generates negative externality is pollution. Pollution can be generated at little or no cost, so they are usually overproduced. Government can discourage the production of activities that generate negative externality by taxation. Taxation increases the cost of production and therefore discourages overproduction. Tax levied on externality is known as Pigouvian tax.

Government can regulate the amount of externality produced by placing an upper limit on the amount of negative externality permissible

5 0
3 years ago
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