Answer:
Pasadena Candle Inc.
Pasadena Candle Inc.
Production Budget
For the Year Ending December 31
Total units available:
Project sales 800,000
Desired ending inventory 20,000 820,000
Beginning inventory 35,000
Total units to be produced 785,000
Explanation:
a) Data and Calculations:
Projected sales of candles for the year = 800,000 candles
January 1 inventory = 35,000 units
Desired December 31 inventory = 20,000 units
Units available for sale = 820,000 (800,000 + 20,000)
Production for the year = 785,000 (820,000 - 35,000)
Based on the calculation done below, the firm's p-e ratio is 30.
<h3>How do we calculate the p-e ratio?</h3>
The price-earning (p-e) ratio can be calculated using the following formula:
p-e ratio = MPS / EPS ............................................................. (1)
Where:
MPS = Market price per share = Share selling price = $60
EPS = Earning per share = $2.00
Substituting the values into equation (1), we have:
p-e ratio = $60 / $2.00 = 30
Learn more about the price-earnings ratio here: brainly.com/question/15520260.
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Answer: d. the corporate culture envrionment
Explanation:
Answer:
Number of movies remaining= 3 movies
Explanation:
Giving the following information:
Juan has a monthly budget of $100 to spend on entertainment. A concert ticket costs $20 while a movie ticket costs $10. This month Juan has attended one concert and 5 movies so far.
First, we need to determine the cost formula:
Total cost= 20*x + 10*y
x= number of concerts
y= number of movies
Now, we need to calculate the expense so far:
Cost= 20*1 + 10*5= 70
Number of movies remaining= 30/10= 3 movies