Joker stock has a sustainable growth rate of 7 percent, ROE of 10 percent, and dividends per share of $1.20. If the P/E ratio is
1 answer:
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Answer:
-22.
There will be the decrease in price hence the supply curve shifts to the left.
Explanation:
So, it is given from the question above that the supply function for avocados is Q = 58 + 15p - 20p_f.
The p_f given in the question = $1.10 which is the price given for the fertilizer as it rises that is to say it rises at that amount.
If the price increases by $1.10, then we have a reduction of -( 20 × 1.10) = -22.
Kindly note that the negative sign denotes the reduction in supply. This reduction causes the supply curve to shift to the left.
The diagram for the supply curve Is given in the attached picture.
The above answer can be explained as under -
Given,
Current Liabilities = $ 4,590
Net working capital = $ 2,170
So, the current assets will be calculated as under -
Net working capital = Current assets - Current liabilities
$ 2,170 = Current assets - $ 4,590
Current assets = $ 2,170 + $ 4,590
Current assets = $ 6,760
The liquid or quick assets will be calculated as -
Current assets - Inventory = Quick assets
Quick assets = $ 6,760 - $ 3,860
Quick assets = $ 2,900.
Now,
1. Current ratio =
Current ratio = = 1.47
2. Quick ratio =
Quick ratio = = 0.63
Answer:
Please see below and attached.
Explanation:
1a. Prepare a contribution format income statement for the game last year. The Net operating income is $90,000.
1-b The degree of operating leverage
= $10.
2a. Net operating income increases by 220%
2b. Total expected net operating income is $288,000.
Please find attached detailed breakdown of the answers provided above
