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2 years ago

A stock listing contains the following information:

Business

1 answer:

Brums [2.3K]2 years ago

7 0

Answer:

The correct option is B, I and III only

Explanation:

The earnings per share can be computed from the P/E ratio pf 17.5

P/E=Price of stock/earnings per share

price of stock is $33.10

P/E ratio is 17.5

earnings per share is unknown

17.5=33.10/EPS

EPS=33.10/17.5

EPS =1.89

YTD of 3.4% implies that the stock price has grown by 3.4 % in the course of the year.

The previous day closing stock price of $32.60 cannot be substantiated as more details are required.

Current dividend yield =dividend per share/current stock price

=$0.80/$33.10

=2.4%

The correct option is B,as the first and third comments were correct

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natita [175]

Answer:

The total equivalent units for conversion costs is 40,600.

Explanation:

Under the first-in, first-out method, units that were incomplete for last year are the first to be completed, followed by units started during the year.

<u>Calculation of the total equivalent units for conversion costs :</u>

To Finish Opening Work In Process (5,000 × 70%) = 3,500

Started and Completed ((40,500 - 5,000) × 100 %) = 35,500

Closing Work In Process ( 4,000 × 40%) = 1,600

Total equivalent units for conversion costs = 40,600

Conclusion :

The total equivalent units for conversion costs is 40,600.

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2 years ago

Research indicates that male entrepreneurs tend to start their first significant venture in their middle 30s, while women entrep

Dmitry [639]

Answer:

False

Explanation:

According to Pamela Webbers research in the U. S

40% of men started their first entrepreneurial venture before the end of their 35th year, while only 33% of women fell into this category.

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3 years ago

The Human Development Index (HDI)) includes _____, but GDP per capita does not. Both measurements can be used to measure the sta

lesantik [10]

HDI includes life expectancy, education and per capita income indicator, which is a measurement that is used to rank countries, therefore suggesting that when the lifespan of the country is high the country's score of HDI is also high and thus the education level is high and the GDP per capita is also high as well.

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2 years ago

Read 2 more answers

Prescott Bank offers you a five-year loan for $55,000 at an annual interest rate of 7.25 percent. What will your annual loan pay

Studentka2010 [4]

Answer:

Annual loan payment = $13,146.78

Explanation:

<em>Loan Amortization: A loan repayment method structured such that a series of equal periodic installments will be paid for certain number of periods to offset both the loan principal amount and the accrued interest.</em>

The monthly equal installment is calculated as follows:

Monthly equal installment= Loan amount/Monthly annuity factor

Monthly annuity factor

=( 1-(1+r)^(-n))/r

r- Monthly interest rate (r)

= 7.25%/12= 0.604 %

n- Number of months ( n) in 5 years

= 12* 6 = 60

Annuity factor

= ( 1- (1.00604)^(-60)/0.00604= 50.2024

Monthly installment= 55,000 /50.2024 = $1,095.56

Monthly installment = $1,095.56

Annual loan payment = monthly installment × 12

Annual loan payment =$1,095.56 ×12=13,146.78

Annual loan payment = $13,146.78

6 0

3 years ago

Supposed you have had 10 apples. You gave 4 apples to your friend for Christmas. What portion of the initial amount did you give

shtirl [24]

Answer:

The portion of the initial amount that was given away is:

= 0.40

Explanation:

a) Data and Calculations:

Number of apples available = 10

Number of those apples given to a friend for Christmas = 4

The portion given away = 4/10 = 0.4

This represents 40% of the whole.

b) The portion given away to the friend for Christmas is a proportion of the whole. In this case, it represents just 40% of the 10 apples. This means that only 60% or 0.60 of the original apples are still available or on hand because 40% had been given away.

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2 years ago