a) Little book LTD earning per share is $1.118 per share.
Explanation:
To calculate earning per share we will use following formula:
Now to find net income we will take help of asset turnover ratio :
NOTE : LET x BE THE NET SALES DURING THE YEAR.
Asset turnover ratio = 
1.5 × $860000 = x
x (net sales) = $1290000
Outstanding shares = 75000 shares
So Net Income = $1290000×.065
= $83850
Now Earning per share = 
Earning per share = $1.118
b) Market to Book Ratio will be 1.2 for Little Book LTD.
Explanation:
Market to Book Ratio =
Market Capitalization = $ 75000× $ 12
= $900000
So, Market To Book Ratio =
= 1.2
So , Market To Book Ratio is 1.2 for little book ltd.
Answer:
12 is the answer
Step-by-step explanation:
Hope I helped
<u><em>Answer:</em></u>
Elliot biked 70 miles
<u><em>Explanation:</em></u>
We are given that the total distance of the race is 100 miles
We are also given that Elliot covered
of this distance
To get the number of miles covered by Elliot, we will simply multiply the ratio of the covered distance (
) by thetotal distance of the race (100 miles)
<u>This is done as follows:</u>
Distance covered =
miles
<u>Therefore,</u> Elliot biked for 70 miles
Hope this helps :)
I believe this is the graph for 3^(1/5)x