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Alex787 [66]
3 years ago
5

Account balances at the beginning of the year were: accounts receivable, $150,000; and inventory, $260,000. All sales were on ac

count. Assume that Castile Products, Inc., paid dividends of $3.75 per share during the year. Also assume that the company’s common stock had a market price of $73 at the end of the year and there was no change in the number of outstanding shares of common stock during the year. Required: Compute financial ratios as follows: 1. Earnings per share. (Round your answer to 2 decimal places.) 2. Dividend payout ratio. (Round your intermediate calculations to 2 decimal places. Round your percentage final answer to 2 decimal places.) 3. Dividend yield ratio. (Round your percentage answer to 2 decimal places.) 4. Price-earnings ratio. (Round your intermediate calculations and final answer to 2 decimal places.) 5. Book value per share. (Round your answer to 2 decimal places.)
Business
1 answer:
den301095 [7]3 years ago
7 0

Answer: That class ain't for you vro.

Explanation:

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Trevor and Matt both work as farmhands and perform the exact same job tasks. Although they work on different farms, when compari
tensa zangetsu [6.8K]

The most likely reason Trevor and Matt have different salaries despite doing the same activities is that they work on different farms.

When a person is hired by another person to perform a job, they must sign a contract that establishes all the characteristics of the employment relationship that unites them. Aspects such as:

  • Work hours
  • Salary
  • Workplace
  • Benefits
  • Job security

In this case, comparing the salary of Matt and Trevor it can be inferred that the difference in salaries is because each signed a different employment contract with their respective bosses. Therefore, despite doing the same job, they have different salaries.

Learn more in: brainly.com/question/13983065

7 0
2 years ago
Which of the following is not correct? a. A tax places a wedge between the price that buyers pay and the price that sellers rece
Gnom [1K]

Answer:

D) Taxes levied on sellers and taxes levied on buyers are not equivalent.

Explanation:

Whether a tax is levied on the buyer or the seller of the good doesn't matter because they both place a wedge between the price that buyers pay and the price that sellers receive. And that difference will be the same regardless of who is responsible for paying the taxes. E.g. a sales tax is paid by the buyer, but the difference between the money paid and the money received would be the same if the tax was paid by the seller instread.

3 0
3 years ago
Members of city and county staff are invited to participate in an exercise at the city hall conference room by the local emergen
Marizza181 [45]

Answer:

Tabletop exercise

Explanation:

Tabletop exercise -

It refers to the practice of any emergency situation , in order aware and inform people about any uninvited situation , is referred to as tabletop exercise .

The method is used for preparing people for any natural calamity like fire, earthquake , flood , cyclone etc.

It helps the people to save their lives during any unforeseen situation , so that people tries not to panic or stressed out .

This practice can be organised by the government or the NGO's .

Hence , from the given scenario of the question ,

The correct term is Tabletop exercise .

4 0
3 years ago
If there is a 30% reserve requirement on a $1,000 deposit, how much must be set aside as a member bank reserve?
Artemon [7]

Answer:

$300

Explanation:

The 30% of the $1000 deposit is $300.

6 0
3 years ago
Classify each item as an asset, liability, common stock, revenue, or expense.
kari74 [83]

Answer: The answer is as follows:

Explanation:

Each item is classified as follows:

(a) Issuance of ownership shares - Common Stock

(b) Land purchased - Assets

(c) Amounts owed to suppliers - Liabilities (Accounts Payable)

(d) Bonds payable - Liabilities

(e) Amount earned from selling a product - Revenue

(f) Cost of advertising - Expense

6 0
4 years ago
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