The u.s. typically has a balance of trade surplus in its trade with ___

Vivi Corporation had net income of $401,000 in 2015. The company's Common Stock account balance all year long was $267,000 ($10

Leto [7]

Answer:

2.23 is the price earnings ratio.

Explanation:

Firstly we must find the Earnings per share for this problem as it is needed to calculate the price earnings ratio so earnings per share = (Net income)/(Number of shares outstanding).

we are given net income of $401000 then to obtain number of shares outstanding for 2015 are $267000/$10 as we saw the company's common stock account balance all year long was that value of which each share has a par value of $10, then we get outstanding shares which are 26700 now we calculate the earnings per share (EPS) by using the above formula with substituting the above mentioned values :

Earnings Per Share= $401000/26700

= $15.01872659

now we will use the Price Earnings Ratio formula which is

Price Earnings Ratio = (current share price)/(earnings per share )

we have been given a current share price of $33.50 now we will use the earnings per share which was calculated above.

Price Earnings Ratio = $33.50/$15.01872659

= 2.230548628 then we round off the answer to two decimal places

Price Earnings Ratio = 2.23

4 0

2 years ago

Ashton wants to generate interest in the new branch of his hobby stores that is opening next week. He plans to offer temporary p

faust18 [17]

Answer:

B. Price promotion

Explanation:

Ashton by trying to create awareness in his new branch, he is planning to cut price and offer coupons so as to persuade customers to purchase from him. The practice is known as price promotion.

Price promotion is the combination of two words "price" and "promotion".

Price refers to the amount of money paid by consumers to purchase goods and services.

Promotion on the other hand refers to activities that persuade the consumers to buy a product and communicate the product’s features and benefits.

Combining the two definitions, pro promotion refers to a discount in price which will encourage consumers to purchase a product.

3 0

3 years ago

Bruce has a credit card that uses the average daily balance method. For the first 9 days of one of his billing cycles, his balan

Mice21 [21]

Answer:

$31.61

Explanation:

In order to determine the amount of interest charged you must first calculate the average daily balance:

average daily balance = [($2,030 x 9) + ($1,450 x 22)] / 31 = $1,618.39

Now we must calculate the daily interest rate:

daily interest rate = 23% / 365 = 0.063%

Finally we multiply the average daily balance times the daily interest rate times the number of days in the billing period:

interest charged = $1,618.39 x 0.063% x 31 days = $31.61

3 0

3 years ago

When workers are not motivated to achieve organizational goals, the fault is often with the workers themselves. true false?

qaws [65]

False it may be from the organization itself they might try rewarding the worker for example a company might take the workers to expensive workshops or to a trip as a type of reward or giving them a bonus to their salaries or a health insurance or a simple thing like involving them in a decision this may motivate the worker and make them feel part of the company <span />

3 0

3 years ago

The Warren Watch Company sells watches for $21, fixed costs are $180,000, and variable costs are $15 per watch.

enyata [817]

Answer:

5,000 watches : $150,000 loss

20,000 watches: $60,000 (Loss)

Break-even point = 30,000 units

if the selling price rises to 32 = break even points descends to 10,588 units

If the selling price rises to $32 but variable costs rises to $26 , the break even point goes back to 30,000units.

Explanation:

Hi, to answer this question we have to apply the next formula:

Profit = Revenue -cost

Where the revenue is equal to the units sold (x) multiplied by the selling price,

R = 21 x

And cost is equal to the sum of the fixed and variable costs.

C = 15x + 1800

So:

P = 21x-(15x +180,000)

P = x ( 21-15)- 180,000

For 5,000 watches:

P = 5000(21-15)-180,000

P = 5000(6) -180,000

P= 30,000-180,000

P=-$150,000 (loss , since is negative )

For 20,000 watches:

P = 20,000(6) -180,000

P = 120,000-180,000

P=-$60,000 (Loss)

To find the break even point:

R = C

21x = 15x + 180,000

21x-15x =180,000

6 x = 180,000

x = 180,000/6

x =30,000 units

if the selling price rises to 32

32x = 15x + 180,000

32x-15x = 180,000

17x =180,000

x = 180,000/17

x = 10,588 units

It descends,

If the selling price rises to $32 but variable costs rises to $26

32x = 26x+180,000

32x-26x = 180,000

6x = 180,000

x = 180,000/6

x =30,000

The break-even point comes back to 30,000 units.

6 0

3 years ago

The u.s. typically has a balance of trade surplus in its trade with ____. select one: