Answer:
The first option is correct
Explanation:
The number of stock repurchased need to first of all be determined.
The number of shares repurchased is the cash paid for repurchase of shares divided market price of $37.50
Number of shares repurchased=$187,500/$37.50=5,000 shares
number of shares outstanding after repurchase=30,000-5,000=25,000 shares
revised earnings per share=previous earnings per share*previous shares outstanding/the shares outstanding after repurchase
revised earnings per share=$1.22*30,000/25000=$1.464
P/E ratio=market price per share/revised earnings per share=$37.50/$1.464=25.61
Answer:
Simple accounting rate of return= 27.32%
Explanation:
The accounting rate of return = Average annual operating income / Average investment
Annual depreciation = ( Cost - Salvage value)/No of years = (30,500 - 0 )/15
= 2033.33
Average Investment -= (Cost + scrap Value)/ 2
= (30500 + 0)/2 =15,250
Average Annual income = 6,200 - 2033.33
= 4166.67
Simple accounting rate of return =( 4,166.667/ 15,250
)× 100
= 27.32%
Answer:
product curves total product, average product, and marginal product.
Explanation:
Many businesses have been forced to reduce operations or shut down, and an increasing number of people are expected to lose their jobs.
Companies in the services industry, a major source of growth to many economies, were among the hardest hit in the coronavirus pandemic.
Manufacturers have also been hit, and world trade volume could once again plummet this year.
“Lockdown,” brought much of global economic activity to a halt, hurting businesses and causing people to lose their jobs.
Answer:
George’s holding period return is 16%.
Explanation:
holding period return = (End value-Beginning value + Dividends)/Beginning value
= (54 - 47.5 + 1.1)/47.5
= 16%
Therefore, George’s holding period return is 16%.