1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
e-lub [12.9K]
2 years ago
5

Use the data in P 13-5 for Prince Company. Assume that the stock price per share is $ 28 and that dividends in the amount of $ 3

.50 per share were paid during Year 2. Compute the following ratios:
- Earnings per share
- Current ratio
- Quick ratio
- Cash ratio
- Price/earnings ratio
- Dividend yield ratio
Business
1 answer:
Kamila [148]2 years ago
5 0

2) Current Ratio for Year 2

Current Assets = Cash + Accounts Receivable + Inventory = 7,800 + 15,900 + 43,800 = 67,500Current Liabilities (given) = 17,900

Current Ratio = Current Assets / Current Liabilities = 67,500 / 17,900 = 3.77

3) Quick Ratio for Year 2

Quick Assets = Current Assets – Inventories – Prepaid Expenses = 67,500 – 43,800 = 23,700

Quick Ratio = Quick Assets / Current Liabilities = 23,700 / 17,900 = 1.32

4) Cash Ratio for Year 2

Cash Ratio = (Cash + marketable securities) / Current Liabilities = 7,800 / 17,900 = 0.4357 or 0.44

5) P/E Ratio for Year 2

P/E Ratio = Market Price Per Share / Earnings Per Share = $47 / 8.26 = 5.69

6) Dividend Yield Ratio for Year 2

Dividend Yield Ratio = Dividend Per Share / Market Price Per Share = 13 / 47 = 0.2766 or 27.66%

Learn more about current asset here:

brainly.com/question/24848903

#SPJ4

You might be interested in
Carol Byrd gets a student rate of $30.00 a month for health insurance. There is a $250 deductible. She recently received treatme
e-lub [12.9K]

The company's payment = $1640,

Carol's total cost = $410.

<u>Step-by-step </u>

<u>Given:</u>

Bill amount = $2300

Amount of deductible = $250

Remaining amount is given by:

                                           =$2300-$250

                                          =$2050

Since Carol's insurance company provided paid 80% of the bill less the deductible.

So, the Company's Payment is given by:

Company Pays 80% which translates to 0.8

       Company Payment   = 0.8*2050

       Company Payment  = $1640

Carol's total cost after the payment of company is given by

                      Carol pays  = $2050 - $1640

                      Carol pays = $410

Hence, the company's payment was $1640, Carol's total cost was $410.

Learn more about Insurance on:

brainly.com/question/25855858

#SPJ4

8 0
2 years ago
What should customer service representatives use to achieve a win-win outcome between customers and their employer?
rodikova [14]

Answer:

i think it is the 3rd one I'm not sure but I need help on one of mine and it would be really good if you can help me I will appreciateit

3 0
3 years ago
Which of the following describes a developing nation?
natima [27]
<span>The one that describes a developing nation is A, a command economy with a low human development index. The developing country or also known as the industrialized nation is a sovereign express that has an exceptionally created economy and progressed innovative foundation with respect to different less industrialized countries.</span>
3 0
3 years ago
Con artists who try to talk employees into giving up corporate secrets or passwords are known as
aksik [14]
<span>Social Engineers This is the craft of controlling individuals so they surrender secret data. The sorts of data these hoodlums are looking for can change, however when people are focused on the offenders are normally attempting to deceive you into giving them your passwords or bank data or other sensitive information</span>
8 0
3 years ago
ABC Inc. hires you as its Ethics Officer, and the CEO of ABC Inc wants you to help ABC Inc become ESG compliant. She asks you to
ASHA 777 [7]

Answer:

The definition of the problem is listed throughout the section below on explanations.

Explanation:

ABC Inc employs ABC Inc as an internal auditor as well as CEO into becoming compliant with ESG. She requests you should consider 2 recommendations each for ABC Inc's ESG research on Climate, Economic, and Governance. Why your advice will ensure ABC Inc operates differently against Enron.

<u>Environment:</u>

  • Through its operational activities, ABC should incorporate renewable energy. Solar panels could be used for generating power in organizations where appropriate.
  • ABC will devote 5% of all its sales to research for environmentally friendly energy resources to significantly reduce its reliance on coal.

<u>Social:</u>

  • ABC could perhaps recognize the perspective including its investors and therefore should share the required info.
  • When the CEO is unaware of the corporation's misconduct as well as some informant points something out to herself, therefore that individual or organization must be tended to or respected.

<u>Governance:</u>

  • ABC ought to be more open concerning its activities. If it's the founder or the worker. Stockholders ought to learn what the internal operations of their business are.
  • Boards must be supervised closely and they should include separate, representative members. Their pay should not have been so strong that incongruity is prevented in conferences.

<u>As contrasted with Enron's. Enron did not follow up on such above compliance issues.</u>

  • We were vague when it came to disclosing their liabilities off the income statement. Shareholders were unfamiliar with the firm's operations.
  • Whistle-blower or anybody who referred out such a program flaw was embarrassed and disciplined.

ABC Inc may obey these guidelines above to have been consistent with ESG.

4 0
3 years ago
Other questions:
  • During the current year, Harold Company sold inventory costing $350,000 for a selling price of $675,000. Beginning balances of i
    5·1 answer
  • Burt, a mentally impaired person, is asked by carl to sign a piece of paper that carl says is an autograph book. in fact, the do
    15·1 answer
  • Berk Company produces three products: Tic, Tac, and Toe. Tic requires 160 machine setups, Tac requires 150 setups, and Toe requi
    5·1 answer
  • What is the economic term for the practice of assigning small parts of a complicated job to individual workers who specialize in
    5·1 answer
  • Aaron Corporation, which has only one product, has provided the following data concerning its most recent month of operations: S
    6·1 answer
  • X-Mart uses the perpetual inventory system to account for its merchandise. On May 1, it sold $1,400 of merchandise on credit. Th
    5·1 answer
  • Florissa's Flowers jointly produces three varieties of flowers in the same garden: tulips, lilies, and daisies. The flowers are
    15·1 answer
  • Which of the following does not describe a product feature?*
    13·1 answer
  • Which of the following advances in manufacturing is at the heart of the processes that transform raw materials into products?
    10·1 answer
  • A temporary association organized to perform a specific task requiring a large amount of capital is known as a(n)
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!