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Nookie1986 [14]
3 years ago
10

Michelle Townsend owns stock in National Computers. Based on information in its annual report, National Computers reported after

-tax earnings of $9,216,000 and has issued 5,120,000 shares of common stock. The stock is currently selling for $33 a share.a. Calculate the earnings per share for National Computers. (Round your final answer to 2 decimal places.)Earnings per share $b. Calculate the price-earnings (PE) ratio for National Computers. (Use the rounded earnings per share from part a. Round your final answer to 2 decimal places.)Price-earnings ratio
Business
1 answer:
bixtya [17]3 years ago
6 0

Answer:

a. $1.80

b. 18.33 times

Explanation:

The computation of the earning per share is shown below:

a. Earning per share = (Net income after tax) ÷ (Number of shares)

                               = ($9,216,000) ÷ (5,120,000 shares)

                               = $1.80

b. And, the Price-earnings ratio = (Market price per share) ÷ (Earning per share)

= $33 ÷ $1.80

= 18.33 times

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The configuration change will enable the System Administrator to help the Sales Reps remember is to enable the opportunity setting to prompt users to add products to opportunities.

<h3>What is a configuration change?</h3>

In a system, a configuration change is said to occur when one modify a component information that is subject to change control.

In conclusuin, the configuration change will enable the System Administrator to help the Sales Reps remember is to enable the opportunity setting to prompt users to add products to opportunities.

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3 years ago
You have been placed in charge of a large project. Shortened communication lines are required to ensure quick resolution of prob
Sphinxa [80]

Answer:

Pure project

Explanation:

A pure project management structure is one in which a team works full time on a project and the project manager of such project has full control of the project with very little control/interference from the top management levels.

This lesser interference from top management levels the more control and flexibility of the project managers towards accomplishing the project.

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6 0
3 years ago
The process of developing budget estimates by requiring managers to estimate sales, production, and other operating data as thou
user100 [1]

Answer:

Zero based budgeting

Explanation:

Zero-based budgeting is a process of developing budget estimates by requiring managers to estimate sales, production, and other operating data as though operations were being initiated for the first time.

It is time consuming compared to other method of budgeting ( traditional).

Zero-based budgeting (ZBB) is a method of budgeting where income less expenditure is equal to zero.

It is a budgeting in which all expenses must be justified for each new period. It is detail-oriented.

Zero-based budgeting can be used to lower costs by avoiding blanket increases or decreases to a prior period's budget.

zero-based budgeting may be a rolling process done over several years.

8 0
3 years ago
Read 2 more answers
Speedy Auto Repairs uses a job-order costing system. The company’s direct materials consist of replacement parts installed in cu
Masteriza [31]

Answer:

Instructions are listed below

Explanation:

Giving the following information:

Estimates:

Direct labor-hours required to support estimated output 18,000.

Fixed overhead costs $ 198,000.

Variable overhead cost per direct labor-hour $ 1.00

A) overhead rate= (fixed + variable cost)/direct labor hour

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B) Direct materials $ 719

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3 years ago
If you wanted to make sure a company has enough money available to pay its bills, which financial statement would be most helpfu
LenaWriter [7]

Answer:

D. Cash flow statement

Explanation:

A cash flow statement refers to a financial statement which is used to record and summarize the amount of liquid assets (cash and cash equivalents) entering and leaving a business entity.

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Hence, if you want to make sure a company has enough money available to pay its bills, the financial statement which would be most helpful is the cash flow statement because it is used to measure and analyze how well the company is doing financially in terms of generating revenue to pay its bills and debts.

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