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]
2 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]2 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
Sarah has investments in four passive activity partnerships purchased several years ago. Last year the income and losses were as
Scorpion4ik [409]

Answer:

Ist B

Explanation:

Ist b

8 0
2 years ago
Which of the following statements best represents the reason for the accounting equation?
NikAS [45]

Answer:

c. The total of everything owned by a business must always equal the total of what the business owes to creditors and owners.

Explanation:

In every balance sheet, the accounting equation has used that means

Total assets = Total liabilities + Shareholder equity

The statement of stockholder's equity comprises common stock and retained earnings. And, the balance sheet comprises of the assets and liabilities.

The total assets comprises of current assets, fixed assets and the intangible assets

The current assets includes cash, stock, account receivable, etc

Fixed assets include plant & machinery, land, equipment, furniture & fittings, etc.

And, the intangible assets include patents, copyrights, goodwill, etc.

And, the total liabilities include current liabilities and the long term liabilities

With the help of the accounting equation, the total assets are equal to the total liabilities including stockholder's equity.

Hence, the most appropriate option is c.

3 0
3 years ago
When a company produces​ 5,000 units, total costs equal​ $150,000 and total variable costs equal​ $75,000. At this level of​ out
Marrrta [24]

Answer:

$15

Explanation:

Average fixed cost = Total fixed cost / quantity

Total fixed cost = Total cost - Total variable cost

= $150,000 - $75,000 = $75,000

Average fixed cost = $75,000 /5000 = $15

I hope my answer helps you

7 0
3 years ago
Charlotte has just taken a job at a local publishing house. she has a lot of tasks to accomplish today, but her first task is to
Scrat [10]

so she wants to make sure all her correspondence with the authors is professional and looks formal. charlotte has added a citation to the documents on which she is working. in the process of her doing so, word has added the source that she introduced to a ____ of sources, which is now available to any document created using the same user account on that computer.

6 0
3 years ago
The price of fresh fish rose and the quantity sold fell. Other things remaining the same, which of the following is consistent w
Alenkinab [10]

Answer:

The correct answer is option D.

Explanation:

An increase in the cost of fishing will lead to a decrease in the supply of fishes. This happens because the suppliers will be able to supply less at the same cost.  

So the supply curve will move to the left. This leftward shift in the supply curve will cause the equilibrium price to increase and the equilibrium quantity to decrease.  

All the other options would have caused the equilibrium quantity to increase either through increased demand or increased supply.

4 0
3 years ago
Other questions:
  • On April 17, 2021, the Loadstone Mining Company purchased the rights to a coal mine. The purchase price plus additional costs ne
    5·1 answer
  • Solly Corporation produces a product for national distribution. Standards for the product are: • Materials: 12 ounces per unit a
    14·1 answer
  • True or False? If you have already submitted a resume with references, you do NOT need to bring copies of your resume or referen
    12·2 answers
  • The commissioners for Walker County are actively negotiating with Falcon Industries regarding the location of a new manufacturin
    7·1 answer
  • LO 2.1Identify the three primary classifications of businesses and explain the differences among the three.
    7·1 answer
  • Which one of the following risks can be progressively eliminated by adding stocks to a portfolio?
    12·1 answer
  • Most formula products for infants contain Select one:
    8·1 answer
  • What is square root?
    11·2 answers
  • Suppose that over the past year, the real interest rate was 6 percent and the inflation rate was -2 percent. It follows that a.
    12·1 answer
  • The basis of strategic position through serving few needs of many customers is known as:_____.
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!