Answer:
The correct answer is $22.5
Explanation:
According to the scenario, computation of the given data are as follows:
We can calculate the price of stock by using following formula:
Price of stock = (Net Income ÷ No of Shares) × PE Ratio
By putting the value in the formula, we get
Price of stock = ( $1,500,000 ÷ $1,000,000) × 15
= $1.5 × 15
= $22.5
Answer:
(A) Income statemnt for year ended 2XX9
sales 397,000
COGS (115,000)
gross profit 282,000
operating expenses (125,000)
income before taxes 157,000
income tax expense (53,380) <em>34% of 157,000</em>
Net Income 103,620
(B) Profit Margin 26.10%
(C) non-sufficent information
Explanation:
(A)
the dividends and retained earnings are not part of the income statment.
(B)
profit margin:
net income / sales = 103,620/397,000 = 0.261007556 = 26.10%
(C) non-sufficent information
Explanation:
regulations are significance]factor that could prevent from our restaurant from growing it also involved rule makingfind child labor
Yes , Judy and Kristy have an enforceable binding contract
Explanation:
Kristy Johnston, Judy Olsen, and Joyce Johnston, their mother, owned real estate as common buyers. After Joyce died, she left Kristy her one-third share in the house. Kristy sent Judy a letter in 2009 promising Judy to purchase or sell Judy's share in the property.
Judy accepted the sale bid from Kristy. Kristy then tried to refuse Judy's approval and to cancel her bid for sale. Judy lodged a Kristy lawsuit.
The court granted the summary judgment to Judy finding that a contract had been drawn up between the letters exchanged between Judy and Kristy which satisfied the frauds ' status. The Supreme Court ruled that the district court decided out that an enforceable arrangement was established by exchanging letters from the parties.
Answer:
weight/muscle
y = 0.4x
a 170 pounds will have 68 pounds of muscle
heights/weights
y = 7x-338
68 inches weights 138 pounds
year/college
y = 120 x t + 13,200
beging the base the year 2000 2015 will be t = 15
at t =10 14,400
kwh/ cost
y = 0.18 x + 10
y = 0.18 x 400kwh + 10 = 82
coffe cups/cost
y = 3 x + 1000
at x = 100
it will sale 1300 coups of coffee
Explanation:

(72-60)/(180-150) = 12/30 = 0.4
y = ax + b
60 = 0.4 x 150 + b
b = 60-60 = 0
170 x 0.4 + 0 = 68
(180 - 110)/(74 - 64) = 70 / 10 = 7
180 = 7 x 74 + b
b = -338
7x68 - 338 = 138 pounds
(15000 - 13200) /( 2015 - 2000) = 120
13200 + 120 x 10 = 14,400
(118 - 55)/(600 - 250) = 0.18
118 - 0.18 x 600 = b
b = 10
150/0 = 3
y = 3 x + 1000
y = 3 (100) + 1,000 = 1,300