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3 years ago

The main goal of the cost budgeting process is to:

Business

1 answer:

Delicious77 [7]3 years ago

5 0

To estimate and control project cost within the approved budget and to achieve the stated goals of the project.

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Cute Camel Woodcraft Company just reported earnings after tax (also called net income) of $9,750,000 and a current stock price o

Assoli18 [71]

Answer:

Explanation:

earning per share = Net income / outstanding shares

= $9,750,000 / 5,500,000 = $1.77

price earning ratio = Current stock price \ earning per share

= $39.50 \ $1.77 = 22.32

new Earning per share = Net income / outstanding shares

= $9,750,000 * 125% / 8,400,000 = $1.45

the stock price after one year would be

= Price earning ratio * New earning per share = 22.32 * $1.45 = $32.36

Market to book ratio = Market value/ book value

Market value = Share price * number of outstanding shares

= $47.12 * 8,400,000 shares = $395,808,000

book value is $54,364,800

M/B = $395,808,000 / $54,364,800 = 7.28 times

Is it possible for a company to exhibit a negative EPS and thus a negative P/E ratio?

Yes, if company is having losses

7 0

2 years ago

Rent control is usually justified on the grounds that it protects moderate- to low-income families from the burden of rapidly ri

horsena [70]

Answer:

c. equality.

Explanation:

Rent control is a government directive that limits the amount a landlord can charge as rent or for rent renewal. When the landlord is renewing rent there is a maximum percentage for rent increase.

Rent control is intended to create a level of equality for low-income earners and elderly people on fixed income.

This has been a successful initiative and has helped in balancing the standard of living of the target population.

5 0

3 years ago

At the beginning of 2018, the balance in Jackson Enterprises' Allowance for Uncollectible Accounts was $31,800. During 2018, the

Colt1911 [192]

Answer:

The answer is: Credit record to Accounts Receivable account

Explanation:

The Accounts Receivable account is an asset, usually it should be a current asset since it should be collected within a one year period. When assets increase, a debit record should be made. But in this case, the asset is decreasing since bad debts reduce the Accounts Receivable account. When an asset decreases, a credit record should be made.

6 0

2 years ago

In planning for your career after high school you should...

Amiraneli [1.4K]

D I think I'm only in year 7 haha

7 0

2 years ago

Read 2 more answers

Emmy is the marketing director of a large marketing team, looking to reach an audience at scale through Smart Display campaigns.

Scilla [17]

Answer:

In addition to standard Google Ads reporting, it provides reports that facilitate broad, strategic ad management.

Explanation:

With the help of Smart Display campaign reporting, Emmy can reach to the larger number of customers even with a very less cost which is not possible with the traditional marketing campaigns. Emmy can get Google Ads reporting as well which can help her in better planning for the future campaigns, moreover giving her much deeper insights that will permit her to plan on a broader perspective like strategic management while saving the time. She can get a better and bigger picture in this case.

7 0

2 years ago