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Sedaia [141]
3 years ago
9

You are trying to choose between two stocks, Widget and Gadget. Widget has a current stock price of $30 and earnings per share o

f $2.00. Gadget has a current stock price of $20 and earnings per share of $1.00. Both are in the media industry and the average P/E ratio (price-to-earnings ratio) for this industry is 15. Use the P/E ratio to determine which stock you anticipate will have higher earnings.
Business
1 answer:
gizmo_the_mogwai [7]3 years ago
7 0

Answer:

Gadget will have higher earning.

Explanation:

Price Earning Ratio is the ratio of Market price to the earning per share. PE Ratio measure the effect of earning over the market price of the company.

Widget

Stock Price = $30

Earning per share = $2

PE ratio = $30 / $2 = 15 times

Gadget

Stock Price = $30

Earning per share = $2

PE ratio = $20 / $1 = 20 times

Gadget will have higher earning.

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How old do you have to be to get a reverse mortgage
Murljashka [212]

Answer: Minimum 62 years

Explanation: As per the rules, the youngest borrower must have attained the age of 62 years to qualify for reverse mortgage loan. There are several other requirements as well.

HUD financial criteria also needs to be fulfilled by the borrower. The home in which borrowers be living must be their prime residence and the required home equity will also be required.

6 0
3 years ago
(Table: Optimal Choice of Milk and Honey) Look at the table Optimal Choice of Milk and Honey. The price of milk is $2 per gallon
raketka [301]
Since you provide no table, me nor anyone else would not be able to find out his total utility

But if he spends all his income on honey, the most he can buy is :

$16 / 4$ = 4 Jars

That leave either option 1 or option 4 as the answer
4 0
3 years ago
A purchase of a French bottle of wine by a resident of Honduras would be considered an ____ when counting GDP in Honduras. As a
Misha Larkins [42]

Answer:

import, subtract. export, added

Explanation:

The GDP equation is given by  GDP = C + I + G + (X – M) where C is consumption, I investment, G is government expenditures and M are imports.

Since the bottle of wine was produced in France it had to be imported to Honduras to be consumed, imports enters the GDP equation with a minus sign. This implies imports are subtracted from the GDP equation. For a box of Honduras cigars to be consumed in Canada they had to be exported there, so these are counted as exports with enter the GDP equation with a plus sign. So exports are added.

7 0
3 years ago
As of December 31, 2020, Gill Co. reported accounts receivable of $236,000 and an allowance for uncollectible accounts of $8,400
maksim [4K]

Answer:

$1,583

Explanation:

Accounts receivables as at 31/12/2021 = $236,000

A/R as at 31/12/2022 :

= Accounts receivables as at 31/12/2021 + increase in AR

= $236,000 + $22,300

= $258,300

Uncollectible accounts = 1% of accounts receivables

= 1% × $258,300

= $2,583

Allowance 31/12/2021 = $8,400

Writes off = $7,400

Therefore,

Allowance = Allowance 31/12/2021 - writes ofd

= $8,400 - $7,400

= $1,000

Hence,

Bad debt expense for 2021 = Uncollectible accounts - Allowance

= $2,583 - $1,000

= $1,583

5 0
3 years ago
A company has three divisions and three conference rooms for meetings. To keep track of the use of their facilities, for each me
AleksandrR [38]

Answer:

c) the lenght of time for the meeting

Explanation:

A quantitative variable is a variable that can be stated as numbers. According to this, the answer is that the variable that is quantitative is the lenght of time for the meeting.

The other options: the division holding the meeting and conference room for the meeting are variables that are not numerical and are known as qualitative variables.

4 0
3 years ago
Read 2 more answers
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