Answer:
The price earnings ratio is 19:1
Explanation:
The price earnings ratio tells us that how much price the investors are willing to pay for $1 of earnings provided by the company. The price earnings ratio is calculate by dividing the price per share by the earnings per share.
Price earnings ratio = Price per share / Earnings per share
The price per share is the market price of the stock.
The earnings per share is calculated using the following formula:
Earnings per share = Net Income / Weighted average shares outstanding
Earnings per share = 240000 / 60000 = $4 per share
The price earnings ratio = 76 / 4 = 19 / 1 or 19:1
Answer:
It is referred to as product differentiation.
Explanation:
Product differentiation is a strategic type of marketing in which a firm uses campaigns and promotions to highlight features that make its product unique as well as the benefits of using the product or service.
This kind of marketing differentiate the firm's product or services from those of competitors and makes consumer perceive such differentiated product or service as better than other similar competing products.
If a shopkeeper starts to sell the new football, their weekly margins would be:
300 x 40 = $12,000
However, the sales of the lower cost footballs will decrease by:
100 x 20 = $2,000 every week
Hence, the total margin we can generate by selling every week by selling the new footballs is:
12,000-2,000 = $10,000
This means the shopkeeper should actually start selling new footballs since their shop will become more profitable
Answer:
2.30% appreciated
Explanation:
The computation of the change in dollar is shown below;
But before that we have to find out the base currency which is
As we know that
Old rate = $0.8909 / Euro
And New rate = $0.8709 / Euro
Therefore changing the base currency to Dollar, we get
Old rate = (1 ÷ 0.8909)
= Euro 1.122460 / $
New rate = (1 ÷ 0.8709)
= Euro 1.148237 / $
The more number of Euors could be bought when there is a change in rates together the dollar is also used. So dollar has appreciated.
Now the change in dollar is
Change in dollar = (New rate ÷ Old rate) -1
= (1.148237 ÷ 1.122460) - 1
= 1.0229647 - 1
= 0.0229647
= 2.29647% or 2.30%
