Answer:
b. 17.6
Explanation:
Earning Per share = Net Income / Weighted average outstanding share
Earning Per share = $90,000 / 18,000 = $5 per share
Price earning ratio = Share market price / Earning per share
Price earning ratio = $88 / $5 = 17.6
* Options are inconsistent with the data given
Or
The option b. 176 is wrong, it is missing point between 7 and 6 and will be correctly written as b. 17.6
Option B is correct (17.6)
Price-earnings ratio=17.6
option B is correct (17.6)
Given Data:
Net income=$90,000
Weighted-average common shares outstanding=18,000
Market price per share=$88
Book value per share=$76
Required:
Price-earnings ratio=?
Solution:
Formula:
Price-earnings ratio=
emotional, spiritual, intellectual, physical, environmental, financial, occupational, and social. Wellness can be compromised by lack of support, trauma, unhelpful thinking styles, chronic illness/disability, and substance use.
This policy would likely make Doomsville's recession worse.
Hope this helps, Have a great morning/night! :D
Net operating cash flow = $189,250
Particulars Amount$
Net income 250,000
Add:depreciation expense 9,500
Add:loss on sale of asset 1,250
Add:increase in salary payable 19,500
Less:increase in prepaid rent (27,500)
Add:increase in AP 29,500
Less:increase in inventory <u>(93,000)</u>
Net operating cash flow <u>$189,250</u>