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
Agata [3.3K]
3 years ago
13

Jupiter Explorers has $5,600 in sales. The profit margin is 3 percent. There are 4,000 shares of stock outstanding, with a price

of $1.20 per share. What is the company's price–earnings ratio?
Business
1 answer:
Irina18 [472]3 years ago
6 0

Answer:

Price-earning ratio is 28.57 .

Explanation:

Price earning is a ratio widely used by common stock holder in stock market. The ratio is used to measures share price in relation to earning per share. The ratio tells us years require to recover amount spend on acquisition of share.

Detail calculation is given below.

Sales                      $ 5,600  -A

Net profit               $    168   -B

EPS                         $ 0.042 -B/4000

Price-earning ratio = 1.2/EPS  = 28.57  

You might be interested in
Powers Company reported net sales of $1,250,000, average Accounts Receivable, net of $73,500, and net income of $53,150. The acc
ipn [44]

Answer:

17 times

Explanation:

Data provided in the given question :-

Net Sales = $1,250,000

Average account Receivable = $73,500

Net Income = $53,150

So, the accounts receivable turnover ratio is given below :-

Accounts receivable turnover ratio = Net sales ÷ Average accounts receivable

= $1,250,000 ÷ $73,500

= 17 times

Hence the net income is ignored for calculating the account receivable turnover ratio.

4 0
3 years ago
Why can most people in Hospitality and Tourism careers succeed with a secondary education as their highest level of education?
Nikitich [7]
<span>
Most workers recieve on the job training to learn what they need to know.</span>
6 0
3 years ago
If the economy is at potential output, and the Fed _____ the money supply, in the long run, the price level will likely _____.
serg [7]

Answer:

If the economy is at the potential output and the Fed increases the money supply, in the long run real GDP will likely remain the same.

Explanation:

hoped this helped

4 0
3 years ago
An online clothing boutique decides to install a web or Internet cookie in the browser of each user who visits its site. The pur
____ [38]

Answer:

a practice that may have longer term implications on the ethics of personal privacy

Explanation:

Cookies are a tool that is used on websites to identify user browser history.

The information on a user's browsing habits is then used by businesses to tailor display information relevant to what they are usually interested in.

Usually they are a safe way to improve browsing experience, but they can be used by criminals to spy on people and gain unwanted access to their data.

Cookies save information about a user session by storing data like usernames.

There is a long term danger of having one's browsing history tracked without their consent

6 0
3 years ago
Explain at least one potential implication for the genetic diagnosis of traits such as intelligence and criminality.
tankabanditka [31]
When we're trying to determine a genetic foundation for intelligence and criminality we're allowing for the possibility of genetic determinism being a true thing which we obviously know it's not. For that reason it might be problematic to conclude anything about a genetic diagnosis for either of those considering there are always multiple variables which are at play. 
5 0
3 years ago
Other questions:
  • The following stock transactions were completed by the executive vice president of Vinco, Inc., a publicly traded corporation: J
    6·1 answer
  • Due to dropping sales, a company that manufactures soaps begins to sell them to restaurants and hotels to extend their product's
    9·1 answer
  • Procter &amp; Gamble makes Tide, Cheer, Ivory Snow, and Bold detergents as well as PertPlus, Rejoice, and Vidal Sassoon shampoos
    6·1 answer
  • A year ago, MC Hammer Company had inventory in Britain valued at 240,000 pounds. The exchange rate for dollars to pounds was 1£
    10·1 answer
  • Economies of scale a. require inputs' MPP to fall as output increases (everything else equal). b. pertain to the long run only.
    9·1 answer
  • Zoogle has the following selected data ($ in millions): (Round your answers to 2 decimal place. Enter your answers in millions (
    13·1 answer
  • Plum Corporation will begin operations on January 1. Earnings for the next five years are projected to be relatively stable at a
    5·1 answer
  • SmartCorp sells 500 units, resulting in $75,000 of sales revenue, $32,000 of variable costs, and $20,000 of fixed costs. The num
    6·1 answer
  • Rivian is considering an trucking assembly. The R1T assembly has an expected life of 5 years, will cost $95 million, and will pr
    9·1 answer
  • State 3 typical land uses in rural-urban fringe​
    11·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!