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Inessa [10]
3 years ago
5

A stock listing contains the following information: P/E 17.5, closing price 33.10, dividend .80, YTD% chg 3.4, and net chg of -.

50. Which of the following statements are correct given this information?
I. The stock price has increased by 3.4% during the current year.
II. The closing price on the previous trading day was $32.60.
III. The earnings per share are approximately $1.89.
IV. The current yield is 17.5%.
A. I and II only
B. I and III only
C. II and III only
D. III and IV only
E. I, III, and IV only
Business
1 answer:
Mazyrski [523]3 years ago
7 0

Answer:

B. I and III only

Explanation:

I. The stock price has increased by 3.4% during the current year.

YTD% chg 3.4% means share price change by the rate of 3.4%.

III. The earnings per share are approximately $1.89.  

P/E ratio = 17.5

Closing price = $33.10

EPS = $33.10 / 17.5

       = $1.89.

Therefore, The correct option is I and III only.

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In a production operation of an electronics firm, a company manufactures I/O circuit chips that is used in a final assembly proc
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Answer:

defective

Explanation:

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3 0
3 years ago
On April 2, Granger Sales decides to establish a $290 petty cash fund to relieve the burden on Accounting.
aliya0001 [1]

Answer and Explanation:

The journal entries are shown below:

On Apr 2

Petty cash $290

           To Cash  $290

(Being the establishment of the petty cash fund is recorded)

For recording this we debited petty cash as it increased the cash and credited the cash as it reduced the assets

On Apr 10

Mail & Postage $62

Contributions and Donations $33

Meals & entertainment $114

Cash Short and Over $4     ($290 - $62 - $33 - $114 - $77)

                       To Cash  $213

(Being the replenishment of the fund is recorded)

For recording this,  we debited the mail & postage, contributions & donations, meals & entertainment as it increased the expenses and credited the cash as it reduced the assets and the balancing figure is debited to cash short and over

On Apr 11

Petty Cash $140    ($430 - $290)

         To Cash  $75

For recording this we debited petty cash as it increased the cash and credited the cash as it reduced the assets

5 0
3 years ago
Scheduled and unscheduled injuries are categories used to determine benefits for which type of disability income?
hjlf

Answer:

Permanent partial disability

<h3>What is permanent partial Disability?</h3>
  • Permanent Partial Disability — a worker's compensation disability level in which the injured employee is still able to work but not with the skill and efficiency demonstrated prior to the injury.
  • As a result, the earning capability of the worker is affected.

To learn about Permanent partial disability, refer

to brainly.com/question/25689052

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1 year ago
Which of the following is true of credibility? a. Its importance in the post-trust era has decreased. b. People gain credibility
Afina-wow [57]

Answer: C. It is an important basis for effective communication

Explanation:

Credibility is the quality of being able to be trusted. Can people trust the things you say or promise. That is credibility. It is very important in communication because for one to get their ideas across, the people being communicated to must trust and believe what you are saying. For communication to work, utterances must be able to have an impact and if the person communicating does not have credibility, chances are that the people listening will simply ignore what the communicator is saying simply because they don't believe it to be true.

7 0
3 years ago
Read 2 more answers
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