1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
ddd [48]
4 years ago
13

Bree's Tennis Supply's market-to-book ratio is currently 9.4 times and PE ratio is 20 times. If Bree's Tennis Supply's common st

ock is currently selling at $20.50 per share, what is the book value per share and earnings per share?
Business
1 answer:
Marina86 [1]4 years ago
6 0

Answer:

The book value per share and earnings per share is $2.1809 and $1.025 respectively.

Explanation:

For computing the book value per share, we have to used the market to book ratio formula which is shown below:

Market to book ratio = Market price per share ÷ book value per share

9.4 times = $20.50 ÷ book value per share

So, book value per share = $20.50 ÷ 9.4 times

                                          = $2.1809

Now, the earning per share is calculated by using a PE ratio which is displayed below:

PE ratio = Share price ÷ Earning per share

20 times = $20.50 ÷ Earning per share

So, earning per share = $20.50 ÷ 20 times

                                     = $1.025

Hence, the book value per share and earnings per share is $2.1809 and $1.025 respectively.

You might be interested in
At​ UPS, business was strong but profits were​ down, leading managers to look for ways to increase profits from existing operati
Marat540 [252]

Answer:

At this point, the managers of UPS are at the First step in the decision-making process, which is Identifying the problem.

Explanation:

The decision-making process consists of evaluating a particular situation, gathering information, developing plans and taking the necessary steps to make good quality decisions and obtain satisfactory results. This process has seven steps:

  1. Identifying the problem
  2. Collecting information
  3. Identifying the alternatives
  4. Weighing the evidence
  5. Choosing from alternatives
  6. Implementing actions
  7. Evaluating the results

For this particular case, the UPS managers are in the first step of the process. They have <u>identified an issue</u> with their profits <u>and defined a clear path for problem-solving</u>, which is increasing the profit via their existing operating income.

6 0
3 years ago
Connie opened a link that she received in an email. It led to a webpage that congratulated her on winning $1 million. The webpag
Mariana [72]

Answer:

This kind of malware attack is known as ransomware.

Explanation:

-Ransomware is a type of malicious software that typically involves encrypting the files of a victim's PC, laptop or systems. The hacker(s) This essentially denies the victim any access to their data.They then demands payment in order to allow the victim access to their own data. The payment is always required to be transferred in crypto-currency to the hackers.

-Examples of ransomware includes Reveton, CryptoLocker, CryptoWall and the infamous Wannacry which attacked many victims PC across the globe in 2017. Ransomware attacks can be initiated by a user unknowingly visits an infected website.The malware then self downloads and installs itself onto the user’s PC without their knowledge.

-Ransomware attacks can be prevented by using advanced antivirus.

7 0
3 years ago
Round 23,748.3753 to the nearest hundredths.​
andreyandreev [35.5K]
23,748.3853 i think that’s the answer
3 0
3 years ago
According to the segment, when is career testing most effective?.
EleoNora [17]

According to the segment career testing is most effective when it is When it is guided by a trained career counselor.

<h3>What is career testing?</h3>

These are assessments that are done to determine the skills that a person has for future jobs.

Career testing is very important for determining the core skills of a person and their soft skills. A counselor is very effective in helping out here:

Read more on career testing here: brainly.com/question/6947486

8 0
3 years ago
Which company sold for the highest cash equivalent value?
Anika [276]

Answer:

Company B (transaction d)

Explanation:

present value of transaction a (company D) = $1,100,000 / 1.08 = $1,018,519

present value of transaction b (company C) = $45,000 x 21.21211 (PV annuity factor, 2.4%, 30 periods) = $954,545

present value of transaction c (company A) = $1,000,000

present value of transaction d (company B)  = $100,000 x 10.52141 (PV annuity factor, 4.8%, 150 periods) = $1,052,141

6 0
3 years ago
Other questions:
  • A local finance company quotes an interest rate of 17.1 percent on one-year loans. So, if you borrow $20,000, the interest for t
    15·1 answer
  • Maggie pays $50 a month for her health insurance policy. Maggie's $50 monthly payment is called a:
    6·2 answers
  • Most commercial banks offer their depositors protection. at this time, bank deposits are insured by the fdic (federal deposit in
    9·1 answer
  • Weyerhaeuser is evaluating its complete product mix. It wishes to decrease marketing expenditures and streamline its product off
    9·1 answer
  • If there were 50000 pounds of raw materials on hand on January 1, 140000 pounds are desired for inventory at January 31, and 530
    8·1 answer
  • Journalize the following entries for the month:
    10·1 answer
  • Why are financial intermediaries willing to engage in information collection activities when investors in financial instruments
    12·1 answer
  • Sustainable Growth Rate You have located the following information on Rock Company: debt ratio = 46.5%, capital intensity ratio
    15·1 answer
  • A local citizen donated land with a fair market value of $500,000 to the county government. The donor had paid $550,000 for the
    5·1 answer
  • dina and charles are married, under the age of 65, and have two children under the age of 18. charles works full time and earns
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!