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makvit [3.9K]
1 year ago
8

If ece's stock is currently trading at $24.00 and ece has 25 million shares outstanding, then ece's market-to-book ratio is clos

est to:_____.
Business
1 answer:
Andrew [12]1 year ago
6 0

If ECE's stock is currently trading at $24.00 and ECE has 25 million shares outstanding, then ECE's market-to-book ratio is closest  to <u>4%</u>

  • The term "stock" refers to the holder's interest in one or more businesses. A single share of ownership in a firm is referred to as a "share" in contrast. For instance, if X has stock investments, X may have a portfolio of shares from many firms.
<h3><u>What are the 4 different stock types?</u></h3>

Here are four stock categories that every shrewd investor need to have for a well-rounded portfolio.

  • escalating stocks These are the shares you purchase in lieu of dividends with an eye toward capital growth.
  • New issues,
  • defensive equities, dividend-paying or
  • yield stocks, etc.

To Learn more about Stocks and Shares, Click the links.

brainly.com/question/13219963

brainly.com/question/14497997

#SPJ4

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Torque corporation is expected to pay a dividend of $1 in the upcoming year. dividends are expected to grow at a rate of 6% per
Novay_Z [31]

Answer:

The required rate of return on stock is 14.6% and option b is the correct answer.

Explanation:

The required rate of return is the minimum return that investors demand/expect on a stock based on the systematic risk of the stock as given by the beta. The expected or required rate of return on a stock can be calculated using the CAPM equation.

The equation is,

r = rRF + Beta * (rM - rRF)

Where,

  • rRF is the risk free rate
  • rM is the return on market

r = 0.05 + 1.2 * (0.13 - 0.05)

r = 0.146 or 14.6%

4 0
2 years ago
On January 1, Jim Shorts Corporation issued $300 million face value bonds for $580 million. During the same year, $1,500,000 of
ankoles [38]

Answer: a deduction from net income of $1,500,000.

Explanation:

Based on the statements provided in the question, it should be noted that Jim Shorts Corporation should report a deduction from net income of $1,500,000 on the statement of cash flows prepared by the indirect method.

It should be noted that the caah flow statement would start the accrual basis of the net income under an indirect method of the cash flow and then, all the non-cash items would either be added or subtracted in order for the reconciliation of account.

8 0
3 years ago
The difference between the actual amount paid and the standard price paid to purchase an item is called a
Ksivusya [100]

Answer:

Purchase Price Variance (PPV)

Explanation:

6 0
3 years ago
Who benefits from an import-substitution strategy? who is harmed?
Aloiza [94]

Answer:

Import substitution industrialization (ISI) is a trade and economic policy which advocates replacing foreign imports with domestic production. Domestic consumers benefit from import substitution as they do not have to face strong competition from foreign competitors and can sell their goods at a higher price. So for example manufacturers in USA sell a battery from $10 but consumers from USA have the option to import that battery at $7 from China the US manufacturers wont be able to compete as Chinese companies have lower cost of production therefore they can sell cheaper and in order to protect the local manufacturers the government may use an ISI strategy to help the local manufacturers. On the other hand consumers are harmed from this strategy as they cannot buy the cheaper product because of change in government strategy. So consumers who were buying the battery at $7 not have to buy it at $10.

Explanation:

5 0
2 years ago
The Labor-Management Reporting and Disclosure Act (Landrum-Griffin Act) was designed to protect the rights of individual union m
Artist 52 [7]

Answer:

The correct answer is the first option: True.

Explanation:

To begin with, the "Labor Management Reporting Disclosure Act", or also known as Landrum-Griffin Act, was the name given to a law from the United States that basically has its main purpose in the protection of rights from the individual members of the Unions. This law focus particulary in the relationship that exists between the Union as an organization of power and the members inside due to a matter of internal affairs in the search of reducing abuse of power and position as well. That is why that this law seeks for the benefits of the individuals parties in the wake of the increase of their rights.

5 0
3 years ago
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