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RoseWind [281]
3 years ago
11

Makers Corp. had additions to retained earnings for the year just ended of $285,000. The firm paid out $180,000 in cash dividend

s, and it has ending total equity of $4.85 million. The company currently has 150,000 shares of common stock outstanding.
1. What is the price-earnings ratio?

2. If the company had sales of $5.19 million, what is the price-sales ratio?
Business
1 answer:
bogdanovich [222]3 years ago
5 0

Answer:

Price-Earning ratio = 6.42

Price to Sales Ratio = 1.35

Explanation:

Earning for the year = $285,000

Common stock outstanding = 150,000 shares

* Price has not been given in the question. Assuming $70 is the market price of the share.

1.

Earning per share =  Earning for the year / Common stock outstanding

Earning per share = $285,000 / 150,000 = $1.90 per share

Price-Earning ratio = $7 / $1.90 = 6.42

2.

Price to Sales Ratio = Price / Sales = $7 / $5.19 = 1.35

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Answer:

B) In its rulings, the NLRB has allowed employee empowerment in certain very limited situations.

Explanation:

Employee empowerment refers to a company giving its employees a higher degree of autonomy and independence regarding their normal work related activities.

Personally I don't understand how employee empowerment can affect employees negatively but unions tend to oppose it unless they are directly involved in the empowerment process.

3 0
3 years ago
Sells Company accounts for its investment in OFO, Inc. under the available-for-sale method. How should Sells Company record a ca
ohaa [14]

Answer:

the journal entry should be:

Dr Cash X

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7 0
3 years ago
Buzz Lightyear has been offered an investment in which he expects to receive payments of $4,000 at the end of each of the next 1
LenaWriter [7]

Answer:

IRR= 21.86%

Explanation:

Giving the following information:

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Number or years (n)= 4

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Function: CMPD

n= 4

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6 0
3 years ago
In the case of a negative shock to aggregate demand, the central bank should: increase the rate of growth of the money supply to
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Answer: increase the rate of growth of the money supply to restore spending growth.

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3 0
3 years ago
babysits on the weekends for extra money. Suppose that three neighbors with children are interested in paying Elizabeth to babys
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Answer:

$15

Explanation:

Consumer surplus is the price the consumer pay for good/service minus the amount the consumer is willing to pay for it.

✓Mr. and Dr. Brown would be willing to pay ​$31

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✓Professor Jones and Mr. Jones would be willing to pay ​$22

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= [(31-22)+(28-22)+(22-22)]

= 9+6+0

=$15

Hence, Consumer surplus is $15

8 0
3 years ago
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