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lawyer [7]
3 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]3 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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In your own words what is demand
Step2247 [10]

Answer:

telling somone to a specifc thing. it can be good or bad

Explanation:

7 0
3 years ago
When the price of a good increases, the quantity demanded ______. when the price of a good decreases, the quantity demanded?
VLD [36.1K]
When the price of a good increases, the quantity demanded decreases. When the price of a good decreases, the quantity demanded increases.
4 0
3 years ago
4.You can buy a machine for $100,000 that will produce a net income, after operating expenses, of $10,000 per year. If you plan
Anon25 [30]

Answer:

$124,966.9

Explanation:

The computation of the market or resale value is shown below:

$100,000 = $10,000 ÷ (1.15^1) + $10,000 ÷ (1.15^2) + $10,000 ÷ (1.15^3) + $10,000 ÷ (1.15^4) + Resale value  ÷ (1.15^4)

$100,000 = $8695.65 + $7561.44 + $6575.16 + $5717.53 + Resale value ÷ 1.749006

Resale value ÷1.749006 = $71,450.22

So, the resale value is  = $124,966.9

We simply applied the present value formula

3 0
3 years ago
An unfinished desk is produced for $35.65 and sold for $64.20. A finished desk can be sold for $76.00. The additional processing
Grace [21]

Answer:

Differential revenue from further processing:

= $11.80.

Explanation:

a) Data and Calculations:

Cost of production of an unfinished desk = $35.65

Selling price of an unfinished desk = $64.20

Selling price of a finished desk = $76.00

Additional processing cost = $6.15

Revenue per finished desk    $76.00

Revenue per unfinished desk 64.20

Differential revenue                $11.80

Differential cost per desk:

Cost of unfinished desk       $35.65

Additional cost for producing   6.15

Differential from further processing $41.80

                                     Unfinished     Finished       Differential

Revenue                          $64.20         $76.00           $11.80

Cost of production          (35.65)           (41.80)             (6.15)

Net income                     $28.55         $34.20            $5.65

4 0
2 years ago
What type of MSD causes inflammation of the tendons that conmect bones to muscle?
alukav5142 [94]
 Watch where you post, because this is not business!

Tendinitis leads to the inflammation of tendons, it's painful and not exactly fun!
6 0
3 years ago
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