Answer:
34
Explanation:
Price/Earning ratio (PE) = Price per Share ÷ Earnings per share
where,
Earnings per share = Net Income ÷ Number of Common Stock Outstanding
= (0.9 x $75 million x 0.06) ÷ 2.5 million shares
= 1.62
therefore,
Price/Earning ratio (PE) = $55 ÷ $1.62 = 33.95 or 34
Answer:
About 250 ; 2000 bicycles
Explanation:
Opportunity cost simply means the loss incurred on a certain option when the alternative opruoonos chosen.
The opportunity cost of increasing shoe production from 10,000 to 20,000 pairs
The value of 20,000 (x axis) on the y axis is about 3750
Value of point A in the y - axis = 4000
Hence opportunity cost = (4000 - 3750) = 250 bicycles
B.)
The opportunity cost of increasing shoe production from 50,000 to 60,000 pairs
The value of 60,000 (x axis) on the y axis is about 0
Value of point B in the y - axis = 2000
Hence opportunity cost = (2000 - 0) = 2000 bicycles
Answer:
Instructions are listed below.
Explanation:
Giving the following information:
Sales in units 285,000
Selling price $17
Direct materials $143,000
Direct labor $503,000
Manufacturing overhead $110,000
Selling expense $439,000
Administrative expense $860,000
A) Sales revenue= 285,000 units* $17= $4,845,000
B) Income statement:
Sales revenue= 4,845,000
COGS= (DM + DL + Overhead)= (756,000)
Gross profit= 4,089,000
Selling expense= (439,000)
Administrative expense= (860,000)
Net operating income= 2,790,000
C Is The Answer I Just Took This My E2020.