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Sergeeva-Olga [200]
3 years ago
8

Chang, Inc.'s balance sheet shows a​ stockholders' equity-book value​ (total common​ equity) of ​$750 comma 500. The​ firm's ear

nings per share is ​$3.00​, resulting in a​ price/earnings ratio of 12.25X. There are 50 comma 000 shares of common stock outstanding. What is the​ price/book ratio? What does this indicate about how shareholders view​ Chang, Inc.? The​ price/book ratio is
Business
1 answer:
Sholpan [36]3 years ago
3 0

Answer:

The​ price/book ratio is 2.45

This price/book ratio indicates to shareholders that the company have a greater value than the book value, hence shareholders would buy more shares.

Explanation:

In order to calculate the​ price/book ratio we would have to calculate the following formula:

price/book ratio=Market price per share/Equity book value per share

Market price per share=price earnings ratio*earnings per share

Market price per share=$12.25*3

Market price per share=$36.75

Equity book value per share=stockholders equity/shares of common stock outstanding

Equity book value per share=$750,500/$50,000

Equity book value per share=$15.01

Therefore, price/book ratio=$36.75/$15.01

price/book ratio=2.45

The​ price/book ratio is 2.45

This price/book ratio indicates to shareholders that the company have a greater value than the book value, hence shareholders would buy more shares.

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Which of the following policies is the government most inclined to use when faced with a positive externality? Group of answer c
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Answer:

subsidies

Explanation:

Subsidies refer to financial aid for some specific purpose and to some specific category as decided by the government. As for the instance the government can provide subsidy in the form of house to poor people in the country.

Now here the rich people can afford their own houses and that they can pay the taxes as well which are attached to the the houses, which provide extra benefit to the poor, as the government can provide the subsidy then more efficiently.

The positive externalities increase the benefits for every citizen.

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3 years ago
______ refers to changes in behavior, cognitions, values, language, cultural activities, personal relational styles, and beliefs
sergeinik [125]

Answer:

2. acculturation

Explanation:

Acculturation -

It is process where the cultural , psychological and social changes are balanced between any two cultures , which adapting the prevailing  one in the society , in  referred to as acculturation.

In this method , the people adapts to a particular new culture of the society.

In order to learn and adapt and live along with the society .

The people actively tries to adapt to the new prevailing culture by increasing participation.

Hence , from the given information of the question,

The correct term is acculturation.

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3 years ago
Select the benefits of monitoring goal progress.
kobusy [5.1K]
Keeps you on track or gives you feedback.
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3 years ago
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Senator Brown wants to increase taxes on people with high incomes and use the money to help the poor. Senator Johnson argues tha
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Answer:

a good decision requires that we recognize both viewpoints

Explanation:

Based on this information it can be said that an economist would most likely state that a good decision requires that we recognize both viewpoints. That is because every decision will affect everyone, but some individuals will be affected positively while others will be affected negatively. Therefore trying to recognize the viewpoint of both sides will allow for decisions that are as fair as possible to both sides.

6 0
3 years ago
Silver Enterprises has acquired All Gold Mining in a merger transaction. The following balance sheets represent the premerger bo
tamaranim1 [39]

Answer:

                   Silver Enterprises Post Merger Balance Sheet

Current Assets                  12,920    Current liabilities          10,460

Other Asset                       4,480      Long-term debt            19,770

Net Fixed Asset                24,810     Equity                           17,450

Goodwill                            <u>5,470  </u>                                           <u>              </u>

                                         <u>$47,880</u>                                         <u>$47,680</u>

Explanation:

Current assets = 10,000 + 2,920 = 12,920

Other assets = 3,100 + 1,380 = 4,480

Current liabilities = 7,840 + 2,620 = 10,460

Net fixed assets = 17,300 + 7,510= 24,810

Long-term debt = 5,110 + 14,660  = 19,770

Equity = $17,450

8 0
3 years ago
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