Answer:
(a) $1.55; 32.32
(b) $1.96; 33.16
Explanation:
a) EPS (20X1) = $310,000 ÷ 200,000
= $1.55
P/E ratio (20X1) = Price ÷ EPS
= $53.20 ÷ $1.55
= 32.32
b) EPS (20X2) = $392,000 ÷ 200,000
= $1.96
P/E ratio (20X2) = Price ÷ EPS
= $65 ÷ $1.96
= 33.16
c) The stock price increased by 22.18% while EPS only increased 26.45%.
Answer:
$62 million
Explanation:
Adjustments for non-cash effects:
= Amortization expense - Gain on the sale of land
= $2 million - $1 million
= $1 million
Changes in operating assets and liabilities:
= Decrease in accounts receivable - Decrease in accounts payable + Decrease in inventory
= $2 million - $5 million + $4 million
= $1 million
Net cash flows from operating activities:
= Net income + Adjustments for non-cash effects + Changes in operating assets and liabilities
= $60 million + $1 million + $1 million
= $62 million
Answer:Alan journal $. $
Date. Description Dr. Cr
July 31,19 suta tax Dr. 2,113
Bank. Cr. 2,113
Narration. Payment of outstanding tax
The payment that are cash related can be posted through a bank or cash account as a book of original entry for cash, if however they are posted through a journal the same objective can be achieved.
Answer:
determining who has the greatest need
finances of prospective buyers(X)
methods traditionally used to make a good
ways to produce items at a lower cost or higher quality (X)
ways to make the biggest profit (X)
Explanation:
Answer:
a. the alternative punishments that are available
Explanation:
Alternative punishments generally tend to change the support patterns with more softline polling members opting for alternative punishments rather than death penalty.
