Answer:
less expansive
Explanation:
i took the test. i got it right
Answer:
The full payment is due within a 30-day credit period.
The buyer can deduct 2% of the invoice amount if payment is made within 10 days of the invoice date.
Explanation:
The credit terms of 2/10,n/30 means that
The credit period available is 30 days in which the fully payment is due
And, if the payment is made within the 10 days so the buyer could eligible for 2% discount on the total price
Therefore the above 2 options should be considered
Answer:
Explanation:
The journal entry is shown below:
Cash A/c Dr $51.75 (3 Million × $17.25)
To Paid-in capital in excess of par value A/c $51.60
To Common shares A/c $0.15 (3 Million × 0.05)
(Being the sale of shares is made)
The remaining balance is credited to the Paid-in capital in excess of par value i.e $51.60 ($51.75 - $0.15)
All the amounts are in million
Answer:
The answer to the question is complete.
Will is carefully preparing his report because he wants to ensure that all the knowledge that the readers need to have to make an informed decision or conclusion are all provided in his document. This behavior implies his desire to ensure that he presents a complete information about the topic that he is writing about in his report.
Answer and Explanation:
The computation is shown below:
a. Current PE ratio is
For Pacific energy company
= Price ÷ Earnings
= ($967,000 ÷ 0.13) ÷ ($967,000)
= 7.69 times
For U.S Bluechips
= Price ÷ Earnings
= ($967,000 ÷ 0.13) ÷ ($967,000)
= 7.69 times
b. The new PE ratio is
= Price ÷ Earnings
= (($967,000 + $117,000) ÷ 0.13) ÷ ($967,000)
= 8.62 times
c. The new PE ratio is
= Price ÷ Earnings
= (($967,000 + $217,000) ÷ 0.13) ÷ ($967,000)
= 9.42 times
