1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Vanyuwa [196]
3 years ago
6

A company has net income of $865,000; its weighted-average common shares outstanding are 173,000. Its dividend per share is $1.3

0, its market price per share is $105, and its book value per share is $101.5. Its price-earnings ratio equals (Do not round your intermediate calculations): a. 2.20. b. 20.30. c. 21.00. d. 3.50. e. 4.80.
Business
1 answer:
Elenna [48]3 years ago
7 0

Answer:

c. 21.00

Explanation:

The formula to compute the price earning ratio is shown below:

Price-earnings ratio = (Market price per share) ÷ (Earning per share)

where,

Market price per share is $105

And, the earning per share would be

= Net income ÷ weighted-average common shares outstanding

= $865,000 ÷ 173,000 shares

= $5

Now put these values to the above formula  

So, the per share would equal to

= $105 ÷ $5

= 21

You might be interested in
If you buy a ticket to an outdoor concert but come down with a bad cold on the night of the show, the principle of ____ suggests
Marina86 [1]

Answer:

sunk cost

Explanation:

Sunk cost is cost that has already been incurred and it cannot be recovered. When making future decisions, sunk cost should not be considered.

The money i paid for the ticket is the sunk cost. I should not consider this cost when making the decision of whether to for the concert or not to

5 0
3 years ago
John has just paid off the full balance of his credit card. What happens to the
Natasha_Volkova [10]

Answer:

I think the answer is B. If It's correct please give the brainliest award.

8 0
3 years ago
If the demand for a steak is unit price elastic, then; Select one: a. the percentage change in quantity demanded is equal to the
Anvisha [2.4K]

Answer:

The correct answer is option a.

Explanation:

The price elasticity of demand shows the responsiveness of quantity demanded to change in price. It is measured by the ratio of proportionate change in quantity demanded and proportionate change in price.

Unit price elastic means that the price elasticity of the good is 1. This implies that the percentage change in quantity demanded must be equal to the percentage change in price.

6 0
3 years ago
Prior to 2008, CBS Corp. owned approximately 18% of Westwood One, Inc., which managed the CBS Radio Network. CBS, in turn, manag
olga nikolaevna [1]

Answer and explanation:

The influence a company may have over another when one of them has a number of shares that belongs to the other is determined by the percentage of ownership that the number of shares represent. If its lower than 20%, it is said the company has <em>no influence</em> over the other. From 20% to 50% one company has <em>significant influence</em> over the other. Finally, with more than 50% of the outstanding shares in possession, one company has <em>control </em>over the other.

In that case, CBS Corp. has no influence over Westwood One, Inc. since it owns only 18% of the outstanding shares.

4 0
3 years ago
What would you do if you were offered a promotion that you were not certain about accepting? What factors would you take
antiseptic1488 [7]

Answer:

There are several factors to consider when accepting a new job offer. It is necessary to analyze whether the working conditions are in accordance with your expectations and career plan.

It is important to consider the roles and responsibilities of the position that you may assume, analyzing the job's assignments will give you a margin to consider whether the job offer is in line with your profile. It is also important to analyze the remuneration and benefits package offered to the position, as this can be advantageous and will influence your choice of accepting or not the offer.

Finally, it is important to analyze whether the offer is an opportunity that will contribute to your personal and professional growth, as in the work environment, there will always be new challenges that will be positive for the development of new skills and knowledge.

3 0
3 years ago
Other questions:
  • Year after she assisted them in making changes to an employee incentive plan, kara, an od consultant, is visiting thomas enginee
    15·1 answer
  • A warranty that is created when a seller or lessor makes an affirmation that the goods he or she is selling or leasing meet cert
    6·1 answer
  • When managers are engaged in problem solving, there are several steps they should go through in order to prevent themselves from
    6·1 answer
  • Which of these sites would need additional investigation to check for reliability?
    11·1 answer
  • In a ________, two or more companies at one level join together to follow a new marketing opportunity. franchise multichannel di
    11·1 answer
  • The McKnight Company expects sales in 2015 of 208 comma 000 units of serving trays. McKnight​'s beginning inventory for 2015 is
    14·1 answer
  • Northern Trail Outfitters has released a Customer Service Community for its users and trekking equipment. Users can ask and answ
    11·1 answer
  • If the price of chicken feed decreases, the supply of chicken nuggets will shift
    12·1 answer
  • Lever Europe, a division of Unilever, markets Snuggle fabric softener. But in 10 European countries, it uses seven brand names,
    7·1 answer
  • Bob, a weak swimmer, ignored warning signs in a recreational swimming area and went into deep water. He soon grew tired and real
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!