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yanalaym [24]
3 years ago
10

Walker's has a price-earnings (PE) ratio of 16 compared to its industry average of 17. Generally speaking, which one of these st

atements applies to this situation?The average firm in the industry outperforms Walker's.
Business
1 answer:
Snowcat [4.5K]3 years ago
4 0

Answer:

Walker's did not outperform because it PE Ratio is close to Industry average. Industry's data is based on average which means some of the firms may have very high PE ratio and some might have quite lower than the average. It is not obvious that the Walker's outperformed or under-performed. Complete data about the individual firms might make us able to compare the performance of Walker's. Apparently its performance is up to the mark as its PE ratio is very close to Industry average.

Explanation:

<u>PE Ratio</u> is a term which show the investors confidence on the firm. It shows that how much price investors are willing to pay against each unit of earning.

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Answer and Explanation:

The Journal entries are shown below:-

1. Cash Dr, $22,000

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(To record Sale of the machine)

2. Cash Dr, $88,000

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          To Gain on Sale of Machine $35,200

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(Being Sale of the machine is recorded)

3. Cash Dr, $32,500

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   Loss on disposal of Machine $20,300

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(Being Sale of the machine is recorded)

7 0
3 years ago
A company's ____________ is the percentage of the total target market for the product that belongs to the company.
ikadub [295]

Answer:

B. market share

Explanation:

Market share is the percentage of consumers that a company has captured from its specific, desired market within an industry.

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Direct materials and direct labor.

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