Answer:
Option (d) 7 times
Explanation:
Data provided in the question:
Net income = $250,000
Dividends paid to common stockholders = $50,000
Common stock outstanding = 50,000
Selling price of the common stocks = $35
Now,
The price-earnings ratio is calculated as:
⇒ ( Stock price ) ÷ ( Earnings per share )
also,
Earnings per share = ( Net income ) ÷ ( common stock outstanding )
= $250,000 ÷ 50,000
= $5
or
Price-earnings ratio = $35 ÷ $5
or
Price-earnings ratio = 7 times
Option (d) 7 times
People use banks to keep their money<span> safe, but they also use banks to earn even </span>more money. They usesavings accounts<span>, which banks set up for </span>you<span> so </span>you can<span> save your </span>money<span>. So how do </span>you make money<span>through a bank? The good ... in your account. </span>Money<span> moving to a bank as a deposit and coming out as</span>interest<span>.</span>
Answer:
A tax cut does not cause workers to work significantly more hours. C).
Hi, I provided some suggestions about how you go about writing your letter.
<u>Explanation:</u>
Note that in this scenario, the letter is going to be addressed in a formal way since the letter is been addressed to someone holding an official office/position.
It is important for the sender to note these details as he constructs the letter to the Addressee (the person receiving the letter).
- Clearly include the address of the writer (in this case your own address)
- Date
- Mention the Designation of the Addressee (in the case, The editor of the english newspaper).
Should also include:
-
Address of the Receiver
- Salutation or Greeting
- Subject
- The body of the letter (which should detail the main intent or content of the letter).
- Conclusion, finally include
- Complimentary Close with the Name and Signature of the Sender.
Answer: d. Inefficiently high quality of the good being sold.
Explanation: a binding price ceiling is the legal maximum that is imposed on a good when the market clearing price is above the ceiling price. This leads to a shortage of goods in the market. Since consumers do not get all they want the ongoing price, it leads to wasted time of the consumers looking for the good, inefficiently low transaction cost and inefficient allocation of goods to the consumers.
However, it does not lead to inefficiently high quality of the good being sold. As quality of good is not linked to the price ceiling.
