If textbooks and study guides are complements, then an increase in the price of textbooks will result in a. more textbooks being
1 answer:
You might be interested in
Answer: 3.59%
Explanation:
Real GDP per capita is the Real GDP divided by the population of the country.
Real GDP per Capita 2018
= 1,150,000,000/ 10,080,000
= 114.0873
= $114.0873
Real GDP per Capita 2019
= 1,430,000,000/ 12,100,000
= $118.1818
Percentage Change
=
= 3.59%
Answer:
a) <em>Earnings Per Share for 20X2 = 2.19</em>
<em>P/E ratio for 20X2 = 19.22</em>
<em />
<em>b) Earnings Per Share for 20X3 = 1.04</em>
<em>P/E ratio for 20X3 = 27.21</em>
Explanation:
a) Compute earnings per share and the P/E ratio for 20X2.
The compute the earnings per share use the following:
Earnings Per Share for 20X2 = (Earnings after tax-Preference Dividend) / shares outstanding
Earnings Per Share for 20X2 = 2.19
Then find P/E ratio:
P/E ratio for 20X2 = Market Price per share / Earnings Per Share
P/E ratio for 20X2 = 19.22
b) Compute earnings per share and the P/E ratio for 20X3.
The compute the earnings per share use the following:
Earnings Per Share for 20X3 =(Earnings after tax-Preference Dividend) / shares outstanding
Earnings Per Share for 20X3 = 1.04
Then find P/E ratio:
P/E ratio for 20X3 = Market Price per share / Earnings Per Share
P/E ratio for 20X3 = 27.21