1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
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

You might be interested in
SUB TO ME thunderoflight12 PLSSSSSSSSSSSSSSS I WILL MARK BRAINLYIST IF YOU DO FOR ALL MY THINGS
Ber [7]
Ok I did and can you help me pls woth some questions
5 0
3 years ago
Given the following demand and supply equations determine the market equilibrium price and quantity. QD=30-3p. As=10-5p. Where Q
pochemuha

Answer:

Equilibrium price, p = 2.5

Equilibrium Quantity, Q = 22.5

Explanation:

The equation is:

Qd = 30 - 3p

Qs = 10 + 5p

At equilibrium, Quantity demanded equals quantity supplied

Equate Qd = Qs to find equilibrium price

30 - 3p = 10 + 5p

30 - 10 = 5p + 3p

20 = 8p

p = 20/8

P = 2.5

Substitute equilibrium price into Qd and Qs equation to find equilibrium Quantity

Qd = 30 - 3p

= 30 - 3(2.5)

= 30 - 7.5

= 22.5

Qs = 10 + 5p

= 10 + 5(2.5)

= 10 + 12.5

= 22.5

Therefore,

Equilibrium price, p = 2.5

Equilibrium Quantity, Q = 22.5

4 0
2 years ago
Suppose the hot sauce firm cannot reduce the externality without reducing costs. What is a possible next step the government cou
Makovka662 [10]

Create a limit on the maximum no. of bottles the firm can make,

The required details about externality is mentioned in below paragraph.

<h3>How Do Externalities Work?</h3>

An externality is a cost or benefit a producer generates but does not personally bear or receive. An externality can result from the creation or consumption of a good or service and can be both positive and negative.

Externalities happen when creating or consuming a good has an effect on parties who are not involved in the transaction directly. Externalities can be either good or bad. They can result from either production or consumption as well. For instance, simply entering a city center will increase the pollution and traffic for individuals who live there.

to learn about  externality here-

brainly.com/question/24258985

#SPJ4

8 0
1 year ago
The exercise price of the options is $100 per share, all options are European and the stock does not pay any dividend. The call
Ber [7]

Answer:

Stock Price is $98.70

Explanation:

given data

exercise price = $100 per share

call price = $25 per share

put price = $17 per share

mature time = 2 years

annual rate of interest = 5%

to find out

What is the stock price today

solution

we will use here Put Call Parity for find out Stock Price that is express as

C + \frac{100}{(1+r)^t} = S + P    .....................1

here C is call price and r is rate and t is time and S is Stock Price and P is put price so put all value in equation 1

C + \frac{100}{(1+r)^t} = S + P

25 + \frac{100}{(1+0.5)^2} = S + 17

solve it we get

P = $98.70

so Stock Price is $98.70

6 0
2 years ago
Which of the following actions would improve your credit score
s2008m [1.1K]
If this question has the same set of choices like the previous ones, the answer is:
<span>Paying off your credit card bill.
</span>A credit score is a numerical expression  of a person's credit files, to represent his creditworthiness <span>based on a level analysis. Paying off your credit card bill would improve your credit score. </span>
3 0
3 years ago
Other questions:
  • ________ are people who assume the risk of business ownership
    9·2 answers
  • A bank reconciliation proves the accuracy of the depositor’s and the bank’s records. The bank statement balance is adjusted for
    8·1 answer
  • Relatively high paid workers are reluctant to shirk because
    5·1 answer
  • Branin Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on direct labor-hou
    7·1 answer
  • Suppose an inventor is interested in the proportion of local consumers who would be interested in purchasing her new product. If
    15·1 answer
  • Which of the following is NOT a valid principle of bottleneck​ management?
    14·1 answer
  • __________ states that adding more people to a late project makes the project later.
    8·1 answer
  • Select the correct statement below regarding Manufacturing Overhead: Multiple Choice Manufacturing overhead is always an estimat
    13·1 answer
  • Which policy tools are considered automatic stabilizers?
    9·1 answer
  • John Hardley recently joined as marketing director of H2O, a water sports gear company. Though in the last five years the compan
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!