Answer:
The price/book ratio is 2.45
This price/book ratio indicates that the Chang, Inc company has 2.45 higher market value of the stock than the book value of the equity
Explanation:
For computing the price/book ratio, we have to apply the formula which is shown below:
= Market price of equity ÷ book value of equity
where,
the market value of equity = firm's earnings per share × price/earnings ratio × number of outstanding common stock shares
= $3.00 × 12.25 × 50,000 shares
= $1,837,500
And, the book value of equity is $750,500
Now put these values to the above formula
So, the answer would be equal to
= $1,837,500 ÷ $750,500
= 2.45
This price/book ratio indicates that the Chang, Inc company has 2.45 higher market value of the stock than the book value of the equity
The question is incomplete, it lacks options.
A) Norris La Guardia Act
B) National Labor Relations Act
C) Occupational Safety and Health Act
D) Fair Labor Standard Act
Answer:
National Labor Relations Act
Explanation:
The National Labor Relations Act was enacted in 1935. It is also known as the Wagner Act. This law enacted to enable employees in various organizations to organize different forms of trade union and collectively bargain with their employers.
The National Labor Relation Acts enables employees to bargain for an increase in salary, better working conditions such a provision of safety equipments for workers in a work environment.
Answer:
Target Market
Explanation:
The target market is the people that a business has identified as potential buyers of its products and services. It is the group of customers that a business targets with its advertising messages. Therefore, the target market is that group of customers that a business expects to buy its products. A target market consists of existing and potential customers.
Answer:
Expected return on the market = 11.58%
Explanation:
MRP = Market risk premium
RFR = Risk free rate
ERM = Expected return on market
MRP = 8.71%
RFR = 0.155 - (1.45*0.0871) = 0.155 - 0.126295 = 0.0287
RFR = 2.87%
ERM = MRP + RFR = 8.71% + 2.87%
ERM = 11.58%
Hope this helps!
