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Oksanka [162]
3 years ago
7

Please help me quickly

Business
1 answer:
zhannawk [14.2K]3 years ago
8 0

Answer:

in all my school years i never seen this and i am in 12th grade

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g You own shares of a company that reported after-tax earnings of $29 million and has issued 2 million shares of stock. The comp
musickatia [10]

Answer: 0.35

Explanation:

The Price to Earnings ratio is used to value companies and is calculated by dividing the company's stock price by its earnings per share.

Earnings per share = 29,000,000/2,000,000 shares

= $14.50

PE ratio = Share price / Earnings per share

= 5.09/14.50

= 0.35

4 0
3 years ago
Which statement about truffles is correct? A. They resemble pineapple in texture and color. B. They're prized for being both ple
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The correct answer is C.
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3 years ago
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________ are voluntary collectives with the purpose of advancing their members' interests. one example of such a collective is t
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The answer in the space provided is the mutual benefit organizations as this is the one responsible of advancing the members’ interests in which is a voluntary collective. This is an organization or corporation that are non profited and are being established in ways that will be of benefit to the people involved.

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3 years ago
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On January 1, 2018, Jolley Corp. paid $250,000 for 25% of the voting common stock of Tige Co. On that date, the book value of Ti
shusha [124]

Answer:

            Dr. Investments in Associates 250,000

            Cr.            Cash                                 500,000

          Dr. Cash                                   10,000

          Cr.            Investments in Associates 10,000

          Dr. Investments in Associates 50,000

          Cr.     Investment revenue                    50,000

Explanation:

The equity method is a type of accounting used to incorporate investments. It is used when the investor holds significant influence over the investee but does not exercise full control over it.

An investor is deemed to have significant influence over an investee if it owns between 20% to 50% of the investee’s shares or voting rights.

- Jolley receives dividends of $10,000, which is 25% of $40,000, and records a reduction in their investment account. The reason for this is that they have received money from their investee.

- Jolley records the net income from Tige Co. as an increase to its Investment account.

4 0
3 years ago
Achi Corp. has preferred stock with an annual dividend of $ 3.22. If the required return on​ Achi's preferred stock is 8.4 %​, w
Elza [17]

Answer:

The price of the stock is $38.33

Explanation:

The dividend growth is zero on a preferred stock thus its dividends are just like a perpetuity as the stocks have no defined life. The formula for the price or value of a perpetuity or the zero growth model is,

P0 = D / r

Where,

D is the dividend

r is the required rate of return

Thus, the price of the stock is:

P0 = 3.22 / 0.084 = $38.33

3 0
3 years ago
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