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lawyer [7]
4 years ago
11

Mustaine, inc., has a current stock price of $54. for the past year, the company had net income of $7,900,000, total equity of $

26,300,000, sales of $50,500,000, and 4.1 million shares of stock outstanding. requirement 1: what are earnings per share? (do not round intermediate calculations. round your answer to 2 decimal places (e.g., 32.16).) earnings per share $ 1.93 requirement 2: what is the price-earnings ratio?
Business
1 answer:
AnnZ [28]4 years ago
6 0

(a) Earnings per share = Net income/ total number of shares

Net Income = 7,900,000

Total number of shares = 4.1 Million = 4,100,000

Earnings per share = 7,900,000/4,100,000 = $1.9268/share

Earnings per share = $1.93/share (Rounded to 2 decimals)

(b) Price earnings ratio = Price per share/ Earnings per share

Price per share= $54

Earnings per share = $1.9268

Price earnings ratio = 54/1.9268 = 28.03

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It sputtered and squeaked and with a small hesitation followed by an abbreviated lunge, it was finally over: Ol’ Reliable, the c
Thepotemich [5.8K]

Answer:

1) total vehicle costs, including sales tax = 16125 +3% (483.75) + 66 (delivery/set up fees) = $16,674.75

2)down payment (or full amount if paying in cash) =

if credit purchase = 730 +3% (483.75) + 66 (delivery/set up fees) = $1279.75

if Cash purchase = 16125 +3% (483.75) + 66 (delivery/set up fees) - 500 (rebate ) = $16174.75

3) monthly loan payment - $ 272

4) number of months in the term loan = 60 months

5) total of loan payments = 272* 60 = $ 16,320

4 0
3 years ago
The average cost of a single sales call to a potential b2b buyer in the u.s. is expensive and could cost about:
Colt1911 [192]
<span>A single sales call to a potential B2B buyer in the United States could cost about $400. A B2B sales call is a business to business sales call. The closing of a sale can be hit or miss, but it is said that any contact with the buyer can be helpful later.</span>
5 0
4 years ago
What are some risks and how do you plan to reduce or eliminate them when having a business​
lara [203]

Explanation:

1. Buy insurance: Though insurance is an expenses, it safe guards you and yours business from huge loss.

2. Income from multiple sources: Always do not depend on single income. Make sure that income comes from multiple sources so that you can make your business alive.

3. Have a savings: Entrepreneurs should save money as how much as they can. We cannot know when there will be a profit and when there is a loss. We can only forecast to a particular extent.

4. Limits on Loan: Keep your loans manageable: Do not step into huge loans where it will be difficult for you to manage when there is a sudden lose.

6 0
4 years ago
Elaine is a secretary for a business. One day a customer comes in to file a new contract while Elaine is seated at her boss’s de
slega [8]

Answer:

The answer is c:

Enforceable via employee agent

Explanation:

The definition of agency law deals with agent-principal relationships; that is a relationship where one party has the legal authority to act in place of another. Relationships that are commonly associated with agency law include employer-employee, administrator-decedent or executor, and guardian-ward.

Agreements that result in the formation of agency-type relationships can be implied or express, and both the principal and the agent can be an entity (such as partnership or corporation) or individual.

Here in the given situation, since, Elaine is an employee of the business and knowledgeable enough to deal with the contract filing, it is implied that she is acting as an employee agent, that she can help the customer in filing the contract.

6 0
3 years ago
_________ typically involves researching a specific market to determine its size, trends and potential.
liberstina [14]

Answer:

correct fill up is marketing research

Explanation:

solution

marketing research is typically involves researching  because marketing research basic reason is for carrying out research to findout  change in  consumer behavior due to change in element of the marketing mix

like product , prize , size, tread and potential etc

and it involves 2 types of data

  1. Primary information
  2. Secondary information

Market research always provide relevant data to help you for solve marketing challenges

so here correct fillup is marketing research

5 0
3 years ago
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