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
BabaBlast [244]
3 years ago
9

Vivi Corporation had net income of $401,000 in 2015. The company's Common Stock account balance all year long was $267,000 ($10

par stock). The company does not hold any Treasury Stock. The market price per share as of December 31, 2015, was $33.50. Calculate the price-earnings ratio for 2015.
Business
1 answer:
ser-zykov [4K]3 years ago
6 0

Answer:

Explanation:

Earning per share =   Net income/ Total Stock

Earning per share =    401000/26700

Earning per share =    15.019

Price earning        =  price per share/EPS

Price earning        =  33.5/15.019

Price earning        = 2.23

You might be interested in
Because the desert has extreme temperatures and a shortage of water, what type of net primary productivity does it have?
PtichkaEL [24]

Answer:

A Low Net Primary Productivity

Explanation:

Net primary productivity is a term used to refer to the quantity or amount of carbon dioxide intake by plants during photosynthesis or carbon cycle.

The reason among others why the desert has a low net primary productivity is in the fact that it has less plant growth that encourages the process carbon dioxide intake. This is also responsible for the extreme temperature and shortage of water.

6 0
3 years ago
Which of the statements is true regarding advertising? Perfectly competitive firms have the strongest incentive to advertise. Ad
myrzilka [38]

Answer:

The correct statement about the advertisement is that, it is the only potential as well as effective toll if the firm or business has the market power.

Explanation:

Advertising is the term which is stated as the medium by which the firm informs the potential customers or clients about the goods and services, arouse interest as well as induce the buyers to buy the product.

It helps in differentiate the products and also build the brand. So, in case the firm does not have the market power, then the firm would not have the no control over the quantity and the price of the product, which lead to ineffective advertising.

7 0
3 years ago
Skaredykat Inc. is considering initial expansion beyond its home market. The firm has decided not to enter markets that differ g
Brrunno [24]

The firm is not engaging in international trade is True.

(B) The firm is using a regional approach to international expansion.

<u>Explanation:</u>

When a company wants it's business to grow and expand in a new country it uses the regional approach. It is generally used when the company is quite established and it has a nice foothold in the country.

In the regional approach the business is first set up in the country and when it gains power it starts spreading across the borders to get a region as a whole.

4 0
3 years ago
Using the 20/10 rule, calculate the maximum amount to borrow if your net yearly income is $75,000
Delvig [45]
Using the 20/10 rule: you should never borrow more than 20% of your annual net income and monthly payments shouldn't be more than 10% of your monthly net income.

In this situation, we know the yearly net income is $75,000.
First we want to multiply 20% by $75,000  = $15,000 
$15,000 is 20% of your yearly net income.
This would be the most you'd want to borrow given the information provided. 
3 0
3 years ago
Fogel Co. has $4,000,000 of 8% convertible bonds outstanding. Each $1,000 bond is convertible into 30 shares of $30 par value co
Wewaii [24]
The total unamortized bond premium at the date of conversion was $280,000. Fogel should record, as a result of this conversion, a  <span>credit of $217,600 to Paid-in Capital in Excess of Par. Thee answer is A. 

Thank you for posting your question here at brainly. I hope the answer will help you. Feel free to ask more questions.
</span>
3 0
3 years ago
Other questions:
  • What is the best definition of profit?
    11·1 answer
  • The managerial accountant at Donuts Galore needs to compute the target operating income to determine how much would need to be s
    12·2 answers
  • Which of the following statements about price wars is true? Multiple Choice a. Firms that have to deal with the possibility of p
    6·1 answer
  • When the price of penguin patties decreases by 5%, the quantity of flopsicles sold increases by 4% and the quantity of mookies s
    11·1 answer
  • Which statement best describes the laissez-faire economic policies of the 1920s? There should be extensive government control of
    10·2 answers
  • Cody Parker is a senior manager who is evaluating four possible projects (A, B, C, and D). Cody can fund any project in part or
    11·1 answer
  • An inexperienced accountant for Riverbed Corp showed the following in the income statement: income before income taxes $258,000
    13·1 answer
  • Giving customers time to pay their bill generates more sales. But when a recession hits, they may have trouble making payments.
    10·1 answer
  • Pete, a human resource intern, was given an assignment by his manager that meant he must obtain information from other departmen
    5·1 answer
  • A company has a predetermined overhead rate of $14 per machine hour. job 846 uses 27.5 machine hours. overhead allocated to job
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!