1. When determining the average change in a data set
2. When the data is skewed. You'll need to relocate your central station of data. Because the skewed data is dragging all your data away from its true typical value.(If the data is correct then the answers of mean, median, and mode should almost be identical.)
3. Determining the most common category, typically based on data points or a graph (example: transport)
Hope this helps!! :)
a) Little book LTD earning per share is $1.118 per share.
Explanation:
To calculate earning per share we will use following formula:
Now to find net income we will take help of asset turnover ratio :
NOTE : LET x BE THE NET SALES DURING THE YEAR.
Asset turnover ratio = 
1.5 × $860000 = x
x (net sales) = $1290000
Outstanding shares = 75000 shares
So Net Income = $1290000×.065
= $83850
Now Earning per share = 
Earning per share = $1.118
b) Market to Book Ratio will be 1.2 for Little Book LTD.
Explanation:
Market to Book Ratio =
Market Capitalization = $ 75000× $ 12
= $900000
So, Market To Book Ratio =
= 1.2
So , Market To Book Ratio is 1.2 for little book ltd.
Answer:
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Step-by-step explanation:
Remember PEMDAS. So start with the parentheses and do the multiplication inside the parentheses first.
1/2 (4+6*3) -9 multiply 6 and 3
1/2 (4 + 18) -9 add 4 and 18 1/2 (22) -9 multiply 1/2 and 22
11 - 9 subtract 11 and 9
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