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PSYCHO15rus [73]
3 years ago
9

A company has net income of $945,000; its weighted average common shares outstanding are $189,000. its dividend per share is $0.

90, its market price per share is $97, and its book value per share is $89.50. its price earnings ratio equals:​
Business
1 answer:
ExtremeBDS [4]3 years ago
4 0

Explanation:

Net Income=$945000

Average outstanding=$189000

Per Share=$0.90

Market price=$97

Book value=$89.50

Ratio=7:5

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Melba purchases land from Adrian. Melba gives Adrian $225,000 in cash and agrees to pay Adrian an additional $400,000 one year l
Scorpion4ik [409]

Answer:

  • Melba's adjusted basis for the land at the Acquisition date is $625000
  • Melba's adjusted basis for the land one year later is $645000

Explanation:

The adjusted basis for a property/land is the net cost of the property after adjusting for factors that might attract tax as related to the land

The adjusted basis for the land at the acquisition date is the net cost of the land at the acquisition date which will be ( $225000 + $400000 ) because that was the net cost of the Land at the date of acquisition before an agreement was later reached by Melba requiring him to pay $400000 plus an interest of 5%

Hence the adjusted basis for the land one year later will be

=  ( $225000 + $400000 ) + 5% of $400000

= ( $625000 ) + $20000

= $645000

6 0
3 years ago
Firm ABC sells 1000 units of widgets for $10 per unit per-week. Per-week it pays its employees $1500, rent $2000, materials $100
andrew-mc [135]

Answer:

C

Explanation:

7 0
2 years ago
Kyle's checking account requires that he maintain a minimum balance of $3000 to avoid a monthly service fee, and his balance at
Crank
C. No, because his lowest balance so far this month has been $2989.30 

<span>Start with 3202.93 and add 436.37 = 3639.30 </span>

<span>Then take 650 away (3639.30 - 650 = 2989.20) </span>

<span>It says that he must maintain a minimum of 3000 so when the check cleared he went below this amount. (just verified on apex)
</span><span>
</span>
7 0
3 years ago
Read 2 more answers
................................................................................................................................
Goryan [66]

Answer:

yuh :)

Explanation:

7 0
3 years ago
The larger the coefficient of price elasticity of demand for a product, the: larger the resulting price change for an increase i
patriot [66]

Answer:

The correct answer is smaller the resulting price change for increase or rise in supply.

Explanation:

Coefficient of price elasticity is the one which is defined as measuring or evaluating the elasticity of price of the demand in coefficient. In retaliation to the change or variation in the price, demand for the product could be inelastic, elastic, perfectly inelastic or the perfectly elastic grounded on the coefficient.

When the coefficient of price elasticity of demand for the product is larger, then it will result in the smaller price change for the rise or increase in the supply.

5 0
2 years ago
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