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hammer [34]
3 years ago
8

Makers Corp. had additions to retained earnings for the year just ended of $261,000. The firm paid out $194,000 in cash dividend

s, and it has ending total equity of $4.99 million. The company currently has 130,000 shares of common stock outstanding.a. What are earnings per share?b. What are dividends per share?c. What is the book value per share?d. If the stock currently sells for $74 per share, what is the market-to-book ratio?
Business
1 answer:
gladu [14]3 years ago
7 0

Answer:

a. $3.5 per share

b. $1.49 per share

c. $38.38 per share

d. 1.93 times

Explanation:

The computation is shown below:

a. Earning per share = (Net income) ÷ (Number of shares)

where,

Net income =  Additions to retained earnings + cash dividends

                    = $261,000 + $194,000

                    =  $455,000

So, the earning per share equal to

= $455,000 ÷ 130,000 shares

= $3.5 per share

b. Dividend per share = (Total dividend) ÷ (number of shares)

= ($194,000) ÷ (130,000 shares)

= $1.49 per share

c. Book value per share = (Total equity) ÷ (number of shares)

= ($4,990,000) ÷ (130,000 shares)

= $38.38 per share

d. Market to book ratio = (Market price per share) ÷ (book value per share)

= $74 ÷ $38.38

= 1.93 times

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Of the last 100 customers entering a computer shop, 25 have purchased a computer. If the classical method for computing probabil
nlexa [21]

Answer:

correct option is b.0.50

Explanation:

given data

computer shop = 100 customers

purchased computer = 25

solution

we know that past data does not affect the probability of next outcome

so when they buying computer or net

so here

probability of customer buy computer is = \frac{1}{2}  = 0.5

and

probability of customer not buy computer is = \frac{1}{2}  = 0.5

so here chance of buying as they buying or not buying is 50 %

so correct option is b.0.50

3 0
3 years ago
What do you prefer Aldi or Lidl? and why?​
Jlenok [28]
Aldi!!! Personal preference due to the organization.
4 0
3 years ago
Sarah recently bought a bicycle. After a few days of cycling, she realized that she needed a basket on the bicycle to keep her b
Sloan [31]

Answer:

Functional need

Explanation:

Functional need -

It refers to the needs of the human being , which are important for the survival , is referred to as functional need .

These are basic requirements which are important for the day to day activities  of the people .

Hence , from the scenario of the question,

Sarah bought a cycle , but as soon as she realized that basket is important for keeping her bag and other item .

Hence, the need of basket is the functional need .

3 0
3 years ago
Candace notices that Bow Wow has developed a reputation as the best place to bring "problem dogs" for day care. Because of the c
Blababa [14]

Answer:

1. Continue to serve every dog that is brought to Bow Wow as well as possible, since customer service is a high priority and 2. Identify this as a threat and adopt a more rigorous screening process before accepting dogs, as well as charge more for dogs who have had a behavioral incident during a previous stay.

Explanation:

Bow Wow has as its best quality in the market the ability to treat well challenging dogs. This is what makes Bow Wow different. Focusing on not losing that characteristic, it would be paramount to maintain the ability to serve every dog as best as possible. Even the challenging ones. However, it is not wise from a business point of view to charge the same from dogs that have very different degrees of attention needs. Hence, it would be proper to charge more from the owners who have more difficult dogs. As Bow Wow will not lose its reputation, those owners will see that its worth the extra cost at the same that its not possible to bring to another daycare.  

5 0
3 years ago
Assume the following information for a company with only two products: Product A Product B Total Sales $ 600,000 $ 400,000 $ 1,0
Mice21 [21]

Answer: $406,000

Explanation:

The following can be deduced from the question:

Total sales = $1,000,000

Variable cost = $300,000

Contribution = Sales - Variable cost

= $1,000,000 - $300,000

= $700,000

Contribution ratio = $7000,00/$1,000,000 × 100 = 70%

Fixed cost = $580,000 × 70%

= $580,000 × 0.7

= $406,000

8 0
3 years ago
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