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SIZIF [17.4K]
3 years ago
7

Reno Revolvers has an EPS of $1.50, a cash flow per share of $3.00, and a price/cash flow ratio of 8.0. What is its P/E ratio?

Business
1 answer:
iragen [17]3 years ago
5 0

Answer:

16

Explanation:

The formula to compute the price earning ratio is shown below:

Price-earnings ratio = (Market price per share) ÷ (Earning per share)

where,

Earning per share is $1.50

And, the market price per share is

= Cash flow per share × price/cash flow ratio

= $3 × 8

= $24

Now placing this value to the formula above

So, the price earning ratio is

= $24 ÷ $1.50

= 16

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Suppose the given supply and demand tables reflect the supply and demand for milk per week. At a price of $1, there is a:Price(p
Musya8 [376]

Answer:

B. shortage of 1,000 gallons per week

Explanation:

Price = $1

Quantity demanded = 2,000

Quantity supplied = 1,000

Shortage = Quantity demanded - Quantity supplied

= 2,000 -1,000

= 1,000 gallons per week

Therefore, As per question Quantity demand that is 2,000 and quantity supplied that is 1,000. So, in this given case the Quantity demand is more than the quantity supplied.

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4 years ago
Many poverty scholars call for a modification of the poverty measure to reflect changing housing costs or to reflect the fact th
vovikov84 [41]

Answer:

that there's a need for an improved poverty measure.

Explanation:

It is interesting to note that poverty has a defined measurement which helps Governments understand how taxes and government programs affect those who are poor.

However, due to changing housing costs and the fact that indoor plumbing was not common for rural families in the middle of the twentieth century it was necessary to modify the measures that defines a poor person.

3 0
4 years ago
Job enlargement involves giving additional responsibilities, whereas job enrichment refers to __________.
AnnZ [28]

Job enlargement involves giving a employee a large element of a complete task via horizontal loading. The additional work is on the equal talent level and duty of the authentic job.

Job enrichment involves an increase in the degree of duty for planning and coordination via vertical loading.

<h3>What is the distinction between job expansion and enrichment?</h3>

The distinction between job enrichment and job expansion is first-class and quantity. Job enrichment capability improvement, or an expand with the help of upgrading and development, whereas job expansion potential to add extra duties, and an improved workload.

<h3>What is horizontal growth of job?</h3>

Job enlargement entails combining more than a few activities at the equal level in the enterprise and adding them to the existing job. It is additionally referred to as the horizontal growth of job activities.

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3 0
2 years ago
you lend a friend 10,000 dollars for which your friend will repay you 27,027 dollars at the end of 5 years. What interest rate a
Step2247 [10]

Answer:

The interest rate is "21.999%".

Explanation:

The given values are:

Amount lent,

= 10,000

Amount repaid,

= 27,027

Years (n),

= 5

As we know,

⇒  Amount \ repaid = Amount \ lent\times (1+r)^n

On substituting the given values, we get

⇒                27,027=10,000\times (1+r)^5

⇒                  \frac{27,027}{10,000}=(1+r)^5

⇒                 2.7027=(1+r)^5

⇒                 1+r = (2.7027)^{(1/5)}

⇒                 1+r=1.21999

On subtracting "1" from both sides, we get

⇒          1+r-1=1.21999-1  

⇒                      r=0.21999

i.e.,

⇒                      r=21.999 \ percent

5 0
3 years ago
Um Corporation has provided the following information concerning its raw materials purchases. The budgeted cost of raw materials
Zepler [3.9K]

Answer:

$171,619.20

Explanation:

Calculation to determine what The budgeted accounts payable balance at the end of November is closest to:

Using this formula

Budgeted accounts payable balance= Budgeted cost of raw materials purchases in November -(Budgeted cost of raw materials purchases in November*Raw materials purchases in the month of purchase percentage)

Let plug in the formula

Budgeted accounts payable balance=$286,032 - ($286,032*40%)

Budgeted accounts payable balance=$286,032 - $114,412.80

Budgeted accounts payable balance= $171,619.20

Therefore The budgeted accounts payable balance at the end of November is closest to:$171,619.20

4 0
3 years ago
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