Answer:
$21
Explanation:
The earning per share of Rose Co. is $1.40
The benchmark PE of the organization is 15
We are required to find which stock price would be most appropriate
Therefore, the stock price can be calculated as follows
Stock price= Benchmark PE×Earning per share
= $1.40×15
= $21
Hence the stock price that would be considered appropriate is $21
Answer: traditional = $6000, Roth IRA= $5,200
Explanation:
jOEY IS 49years old earning $124,000
For traditional IRA. He will contribute $6000 since in traditional IRA, The Contribution limits exist as $6,000 for 2019 for those under age 50, $7,000 for those 50 and older.
For a Roth IRA,
IF single an income falls between $122,000- #136,999, the following calculations wil;l be made since joey earns $124,000 and is single
$124,000-$122,000= $2,000
2000/15,000=0.13333
which will now be multiplied by the maximum amount he can contribute which is $6,000
0.13333x $6000= $799.99
$6,000- $799.99= $5,200
Answer:
$91,500
Explanation:
Given that cash collection pattern is as follows; month of sale, 75%; month following the month of sale, 20%; and a 2% discount for cash collections in the month of sale, it means that cash estimated for collection in December will include;
- 75% sales in December (net of the 2% discount to be given)
- 20% sales in November
Discount for December cash collection
= 2% * 75% * $100,000
= $1500
Hence, net cash estimated to be collected in December
= 75% * $100,000 + 20% * 90,000 - $1500
= $75,000 + $18,000 - $1500
= $91,500
Answer:
The correct answer is "grew,but by less than 12%"
Explanation:
- Since GDP grew by 12% but at the same time population also increase by 4% so the overall increase will be less than 12% to calculate the exact amount on percentage increase in GDP more data is needed.
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