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
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

You might be interested in
When creative pen company designed a new, ergonomically-friendly pen, they wanted to, literally, get in the hands of as many con
34kurt
The answer to the given question is "INTENSIVE" distribution.

When creative pen company designed a new, ergonomically-friendly pen, they wanted to, literally, get in the hands of as many consumers as possible. The creative pen will likely choose an "INTENSIVE" distribution.
7 0
3 years ago
What feature of heaps allows them to be efficiently implemented using a partially filled array?
oksian1 [2.3K]
The answer is "<span>Heaps are complete binary trees".</span>

In software engineering, a heap is a particular tree-based information structure that fulfills the heap property. The heap is one maximally effective execution of a dynamic information sort called a priority queues, and in reality priority queues are regularly alluded to as "heaps", regardless of how they might be implemented.
7 0
3 years ago
According to the invisible hand concept, the best way for a society to encourage the creation of jobs and the production of the
evablogger [386]

Answer:

The correct answer is C

Explanation:

The concept of the invisible hand, is the concept in which the unobservable market force, helps the supply and the demand of the goods to reach at equilibrium in a free market.

As per this concept, the best method for society in order to encourage the jobs creation and the production of products demanded by consumers would be to allow the personal freedom entrepreneurs to follow their self interest.

8 0
3 years ago
Choose all that apply. Select all the responsibilities of consumers. Gather information about products and services before makin
jolli1 [7]

Answer:

Stay informed about products that you buy to be aware of product recalls.

Gather information about products and services before making a purchase to be aware of price, quality, and the product specifications.

Read instructions on products and use them as intended.

Take action and report faulty products, fraudulent activity, and any other violation of consumer rights.

Consider the impact of your purchases on others and choose products that do not harm the environment.

Insist on compensation if you are not satisfied with your purchase.

8 0
3 years ago
A “dashboard” provides short-term information and is primarily used by
kogti [31]
<span>A “dashboard” provides short-term information and is primarily used by people wanting a quick overview of certain data or performance tracking metrics.</span>
6 0
3 years ago
Other questions:
  • As time passes, fixed assets other than land lose their capacity to provide useful services. To account for this decrease in use
    11·1 answer
  • Arden has designed an artistic design to complement his product's name to assist customers in identifying his product. these are
    8·2 answers
  • Which statement is true?A) From a legal perspective, preferred stock is a form of corporate equityB) All classes of stock must h
    6·1 answer
  • Self-directed teams will generally ______.
    11·2 answers
  • Bryson Accounting Services performed accounting services for a client in December. A bill was mailed to the client on December 3
    14·1 answer
  • Equipment with a cost of $150,000 has an accumulated depreciation of $100,000. What is the historical cost of the equipment?
    5·1 answer
  • On behalf of Bobble Head Manufacturing Company, Carmela types her name at the bottom of an e-mail purchase order and submits the
    13·1 answer
  • US Corp. is charged with determining which small projects should be funded. Along with this assignment, she has been granted the
    8·1 answer
  • is it right to kick someone out just because they are not on the lease and or had been evicted in the past? my step-mom recently
    5·2 answers
  • Due to inflation and shortages created by supply chain shortages, the price of Paco Rabanne's Eau de Toilette Spray increased
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!