When Harriet went away for the summer, Landry, a house painter, painted her house. He had a contract to paint a neighbor’s hou
1 answer:
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Answer:
a. 3.58
Explanation:
the price earning ratio is obtain with the following formula:
We are given with the market price, now we need to solve for the EPS
with sales and profit margin we solve for net income. then we divide by the shares outstanding to get the EPS
823,000 sales x 4.2 profit margin = 34.566 net income
now we solve for EPS Earning per share:
Now we can sovle for price-earnings ratio
16.50/4.61 = 3,5791 = 3.58
Answer:
average product = 9.16
Explanation:
given data
currently employs = 100 worker
produce = 800 chair
hire = 101 worker
output = to 925
to find out
average product of the 101 worker
solution
we get here average product that is express as
average product = ..................1
here output is 925 and input is 101 worker so put here value we get
average product =
average product = 9.16