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vovikov84 [41]
3 years ago
7

Edelman engines has $20 billion in total assets. Its balance sheet shows $2 billion in current liabilities, $10 billion in long-

term debt, and $8 billion in common equity. It has 500 million shares of common stock outstanding, and its stock price is $25 per share. What is edelman's market/book ratio? Round your answer to two decimal places.
Business
1 answer:
Lemur [1.5K]3 years ago
5 0

<u>Calculation of Edelman's market/book ratio:</u>


The market/book ratio is calculated with the help of following formula:

Market/book ratio = Market price per share / Book value per share


The Book value per share can be calculated as follows;

Book value per share =Common Equity/ Shares of common stock outstanding

= 8,000,000,000 /500,000,000

= 16

Hence ,

Market/book ratio = 25/16 = 1.56


Hence, Edelman's market/book ratio is <u>1.56</u>





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Let:
x = amount in the account invested in 2.5%
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3 years ago
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<em>Lawfully, Sutton's agreement in this case is called an unaccepted offer which can be withdrawn at any time.</em>

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The retail mall owner told a marketing researcher, "We have the option of staying open late twice a week or opening up an hour e
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develop your research plan

Explanation:

The five steps in the marketing research process are:

  1. Define the problem (or opportunity)
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Part 1 : Food Cost Ratio= Food Cost/Food Sales Labor Cost Ratio = Labor Cost/Food Sales Contribution Margin (profit) = Total Sal
Crank

Answer:

Food cost ratio=0,275

Labor cost ratio= 0,25

Total Cost ratio=0,525

Contribution Margin (profit) for the food cost= 9500

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beverage cost ratio=0.23

range for a good overall liquor cost= 18%-23%

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Food cost ratio=Food Cost/Food Sales

=$5500.00/$20000.00=0,275

Labor Cost Ratio = Labor Cost/Food Sales

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28 % to 35% range

Part 2:

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=0.23

Range for a good overall liquor cost? 18% to 23% range

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