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4 years ago

5

You have $100 in your lunch account and plan to spend $2.75 each school day. how many school days will it take to spend all of t

he money in your account?

1 answer:

zloy xaker [14]4 years ago

3 0

Divide $100/2.75= about 36 days as $2.75* x 36=$99

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The following information was taken from the financial statements of Tolbert Inc. for December 31 of the current fiscal year: Co

ale4655 [162]

Answer:

(a) the earnings per share = $3

(b) the price-earnings ratio = 8x

(c) the dividends per share = $0.25

(d) the dividend yield = 1.04%

Explanation:

Common Stock Outstanding = 5,250,000/25 = 210,000 shares

Preferred Stock Outstanding = 6,000,000/200 = 30,000 shares

Preferred Stock Dividend per share = $4

(a) Earnings Per Share

EPS = <u>Net Income - Preferred Dividend</u>

Common Stock Outstanding

EPS = <u>750,000 - (30,000 * 4)</u>

210,000

EPS = <u>630,000</u>

210,000

EPS = $3

(b) Price-Earnings Ratio

Market Price = $24

EPS = $3

P/E ratio = <u>Market Price</u>

EPS

P/E ratio = 24/3

P/E ratio = 8x

(c) Dividends Per Share

DPS = <u> Total Dividends </u>

Common Stock Outstanding

DPS = 52,500/210,000

DPS = $0.25

(d) Dividend Yield

DY = <u>Dividend Per Share</u>

Price

DY = 0.25/24

DY = 1.04%

6 0

3 years ago

The purpose of a financial intermediary is to help channel funds

Triss [41]

Answer:

a. from one banks to another

Explanation:

3 0

3 years ago

_____ systems are generally used by managers at lower levels of an organization. a. tactical support b. internal support c. bott

emmainna [20.7K]

Operations support systems are generally used by managers at lower levels of an organization. Therefore, the correct answer is option 'D'.

An operational support system (OSS) is a collection of computer programs or information technology (IT) system used by communications service providers to monitor, control, analyze, and manage a computer or telephone network system.

OSS software is designed specifically for telecommunications service providers and is primarily used to support network processes such as network inventory management, network component configuration, service provisioning, and fault management.

With the proliferation of new broadband and Voice over Internet Protocol (VoIP) systems, OSS and network management are increasingly being applied to home networks.

An OSS is also referred to as a business support system (BSS).

Hence, the correct option is 'D'.

Learn more about operations support systems:

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2 years ago

Costco has started its operations in China through an e-commerce partnership with Alibaba. Which method of expanding internation

s344n2d4d5 [400]

Answer:

C. Importing, exporting and countertrading

Explanation:

The e commerce partnership with Ali baba will enable them (Costco) buy (import) and sell (export) goods using the internet, and also transfer money and data to execute these transactions.

Importation involves buying of goods or services from other countries.

Exportation means selling of goods and services to other countries.

Countetrading means the exchange of goods and services which are paid in part or whole with other goods and services.

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3 years ago

Suppose Compco Systems pays no dividends but spent $ 5.18 billion on share repurchases last year. If Compco's equity cost of ca

shusha [124]

Answer:

Market capitalization - $155.26

Stock price - $26.77

Explanation:

The computation of the market capitalization is shown below:

= last year dividend × (1 + growth rate) ÷ (cost of capital - growth rate)

= $5.18 billion × ( 1 + 7.9%) ÷ (11.5% - 7.9%)

= $5.58,922 billion ÷ 3.6%

= $155.26

And, the stock price would be

= Market capitalization ÷ outstanding shares

= $155.26 ÷ 5.8 billion

= $26.77

3 0

3 years ago