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crimeas [40]
3 years ago
6

When the price of gas goes up and the demand for tires goes down, this means tires and gas are:?

Business
1 answer:
seropon [69]3 years ago
4 0
Tires and gas are products needed for cars. Gas need as fuel for car and tire need as footwear for car. Gas is up and there is no need more footwears for car because these products in machine industry depends from each other.
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The department within a company that records, measures, and reports monetary transactions is called ______________.
Gnesinka [82]
I believe you’re thinking of the accounting department

hope this helps (:
3 0
3 years ago
Cute Camel Woodcraft Company just reported earnings after tax (also called net income) of $9,750,000 and a current stock price o
Assoli18 [71]

Answer:

Explanation:

a)

earning per share =  Net income / outstanding shares  

= $9,750,000 / 5,500,000  = $1.77

price earning ratio = Current stock price \  earning per share

= $39.50 \ $1.77  = 22.32

new Earning per share = Net income / outstanding shares

= $9,750,000 * 125% / 8,400,000  = $1.45

the stock price after one year would be

= Price earning ratio * New earning per share  = 22.32 * $1.45  = $32.36

b)

Market to book ratio = Market value/ book value  

Market value = Share price * number of outstanding shares

= $47.12 * 8,400,000 shares  = $395,808,000

book value is $54,364,800

M/B = $395,808,000 / $54,364,800  = 7.28 times

Is it possible for a company to exhibit a negative EPS and thus a negative P/E ratio?

Yes, if company is having losses

7 0
3 years ago
A small foundry agrees to pay $220,000 two years from now to a supplier for a given amount of coking coal. The foundry plans to
MaRussiya [10]

Answer:

A) $24,602

Explanation:

We can solve this question by finding the periodic deposits needed by using the formula:

FV=PMT*\frac{(1+i)^n-1}{i}

where:

FV= future value   = $220,000

PMT = periodic deposits required = ???

i = effective  interest rate per period = 0.0331

n= number of deposits = 8

However, since the interest is compounded monthly, let's also  calculate the effective interest rate

Effective interest rate = (1+\frac{r}{m}) ^m-1

where; r = 12.5% = 0.125

(1+\frac{0.125}{12})^{12} -1

= 0.1324

Interest rate per period = \frac{0.1324}{4}

= 0.0331

Then;

220,000=PMT*\frac{(1+0.033)^8-1}{0.033}

220,000 = PMT × 8.986

PMT = \frac{220,000}{8.986}

PMT = $ 24,482.5

Since A) $24,602 is closer to $ 24,482.5

Therefore,  $ $24,602  must be deposited every three months

3 0
3 years ago
When money serves as a store of value, it _____ purchasing power.
nata0808 [166]

Answer:

saves

Explanation:

3 0
2 years ago
when promotional materials are only sent to customers who have given their approval, the program is called:
butalik [34]

The program is called: permission marketing.

The required details about  permission marketing is mentioned in below paragraph.

Permission marketing refers to a shape of marketing and marketing wherein the supposed target market is given the selection of opting in to get hold of promotional messages. The idea of permission advertising has been popularized through Seth Godin, an entrepreneur and author. He first mentioned the concept of permission marketing  at period in his book Permission Marketing: Turning Strangers Into Friends, And Friends Into Customers. Permission advertising is characterised as anticipated, personal, and relevant. It is frequently located as the other of direct advertising wherein promotional cloth is historically despatched to a extensive patron population with out their consent.

To learn about permission marketing visit here.

brainly.com/question/15406303

#SPJ4

8 0
1 year ago
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