Answer:
D. They expect these shares to have greater growth opportunities.
Explanation: P/E(price to earning) ratio is a ratio used in the stocks and other marketable securities to determine the price of the shares of a particular Company in relationship with the annual net income of the company per share.
A HIGHER PRICE TO EARNING RATIO INDICATES THAT THE COMPANY INVOLVED IS EFFICIENTLY UTILIZING ITS RESOURCES IN ORDER TO GENERATE PROFIT,IT ALSO SHOWS THAT THEIR IS HIGH DEMAND FOR THE COMPANY'S SHARES BECAUSE INVESTORS TRUST IN THE COMPANY'S ABILITY TO GROW AND MAKE PROFIT.
Answer:
The answer is "True".
Explanation:
Please find the complete question in the attached file.
It implies that its price of the bond is 101-16, which is to say
Each bond is thus stated as 
face value
That's why this statement is true.
Answer:
"Shirley did not actually rely on Joe's misstatement" is the correct answer.
Explanation:
- Reliance means that the individual adopts a way to proceed due to various his/her confidence in a statement that she has established.
- For lack of understanding to occur, a causal relationship may well have been formed between some of the claims as well as the determination of the authority concerned to implement the arrangement.
- Because Shirley wasn't really conscious that someone had presented an argument, there would be no dependency. Therefore, she can't extrapolate a rescission upon this.
Answer: consumer needs, political and legal structures, and social norms vary by country.
Explanation:
It should be noted that different countries have different customer needs, values and social norms with regards to how business is done.
Therefore, it's vital for any company that's moving into the international market to always have this in mind and therefore should be sensitive to these needs in order to achieve its goals.
Answer:
Explanation:
The journal entry is shown below:
Equipment A/c Dr $78,800
To Gain on exchange A/c $5,900
To Land A/c $64,000
To Cash A/c $8,900
(Being the exchange is recorded and the remaining balance is credited to the gain on exchange account)
The equipment value is computed below:
= Fair value + exchange value
= $69,900 + $8,900
= $78,800
