Answer:
Market-to-book ratio=3.44591 times
Explanation:
Give data:
Total assets=$1.37 billion
Current liabilities=$186 m
Long term debt=$414 m
Common Equity=$770 m
Number of share of common stock= 57 m
Current stock price=$46.55
Required:
the firm's market-to-book ratio=?
Solution:
We will calculate the book value of each share:
Book value per share=
Book value per share=
Book value per share=$13.50877
Market-to-book ratio=
Market-to-book ratio=
Market-to-book ratio=3.44591 times
The united states is recently focused on producing domestically the energy. In addition, when negotiating economic policy, the united states diplomats usually seek to reduce trade barriers. The critique of united states economic policy is free trade can harm the environment because other countries may not have environmental regulations in place.
Answer: an offset against ordinary income of $3,000 and a NSTCL carryforward of $2,400
Explanation:
Feom the question, we are told that in the current year, Norris, an individual, has $59,000 of ordinary income, a net short-term Capital loss (NSTCL) of $9,100 and a net long-term capital gain (NLTCG) of $3,700.
From his capital gains and losses, Norris reports an an offset against ordinary income of $3,000 and the a net short-term Capital loss (NSTCL) balance carryforward will be the difference between the net short-term Capital loss (NSTCL) of $9,100 and a net long-term capital gain (NLTCG) of $3,700 and the offset against ordinary income. This will be:
= ($9100 - $3700) - $3000
= $5400 - $3000
= $2400
Answer:
When the economy reaches full real output, there is no spare capacity left and therefore as real output increases, the price level will increase. There are no workers left in the economy as full employment is reached.
