Answer:
a. 16.52
Explanation:
The P/E ration is the ratio of an entity's share price to the earnings per share. It is a measure used to measure the accuracy of the valuation of one company's share with another.
Given;
Share price = $38
Earnings per share = $2.30
P/E ratio = share price/earnings per share
= $38/$2.30
= 16.52
Option a.
Answer:
$35,000
Explanation:
Units started and completed means that out of the units completed and transferred, how many were started during the period. This figure is calculated in physical terms only. So there is no need to express any units in their equivalents.
So, this gives us an idea of how to calculate this :
Units started and completed = Units Completed and Transferred - Units in Beginning Work in Process
therefore,
Units started and completed = 40,000 units - 5,000 units = $35,000
Answer: A. upward-sloping; minimum point across all possible ATC curves for a given quantity
The long run average total cost curve is U shaped because when production is increased the total average cost starts decreasing because of economies of scale and reach a minimum point at a certain level of production,and after that increasing production will increase the average cost, because dis economies of scale come into effect.
Explanation:
Answer:
Total revenue: $46 million
First year costs: $12 million
Estimated first year costs(EFYC): $28 million
Cost to date for the projec (CTD): $12 million
Given this information, the first thing to do is to calculate the percentage % of completion. The formula is stated below.
Percentage of completion ( CTD / EFYC )
CTD / TEC = (12000000/28000000)
CTD / TEC = (42,85%)
Then multiply the Percentage of completion * Total Revenue
42.85%*46.000.000 to obtain the revenue for period 2.
The loss that the company must present in their statements for year 1 is: Loss for period 1 =$12.000.000