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Maslowich
3 years ago
12

Tina's Track Supply's market-to-book ratio is currently 4.5 times and PE ratio is 10.5 times. If Tina's Track Supply's common st

ock is currently selling at $100 per share, what is the book value per share and earnings per share? Multiple Choice $450, $1,050, respectively $1,050, $450, respectively $22.2222, $9.5238, respectively $9.5238, $22.2222, respectively
Business
1 answer:
otez555 [7]3 years ago
5 0

Answer:

$22.2222, $9.5238, respectively

Explanation:

The market-to-book ratio is given by a share's market value divided by its book value, if shares are selling for $100 on the market, the book value is:

B = \frac{\$100}{4.5}=\$22.2222

The price to earnings ratio (PE ratio) is determined as a share's price divided by the earnings per share. Earnings per share are:

E=\frac{\$100}{10.5}\\E=\$9.5238

The book value per share and earnings per share are $22.2222, $9.5238, respectively

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Brian and Debbie must prepare a presentation for their Statistics class. As part of their presentation, they must do a series of
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Answer:

a. How much time would it take the two to complete the project if they divide the calculations equally and the slides equally? Briefly discuss.

Brian: 5 hours for PowerPoint and 5 hours for the calculations, total 10 hours.

Debbie: 10 hours for PowerPoint and 6 hours for the calculations, total 16 hours.

In total they would spend 26 hours combined.

If they divide the work equally, they will spend too much time.

b. How much time would it take the two to complete the project if they use comparative advantage and specialize in calculating or preparing slides? Briefly discuss

Brian will spend 10 hours doing PowerPoint slides and Debbie will spend 12 hours doping calculations. Total time spent 22 hours. By specializing they will save 4 hours.

c. If Brian and Debbie have the same opportunity cost of $5 per hour, is there a better solution than for each to specialize in calculating or preparing slides? Briefly discuss

Yes, Debbie could pay $50 to Brian so that he does everything in 20 hours. That way they can save 2 more hours.

6 0
3 years ago
Which form do businesses use to determine the number of deductions for an
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Answer:

C. W-4

Explanation:

The W-4 form acts as the Employee’s Withholding Allowance Certificate. The employee completes the form and hands it over to the employer, who uses it to calculate how much income tax to withhold.

The details on the W-4 forms are necessary for tax computation. For instance, the employee declares their marital status and the number of dependents; this determines the applicable tax rates.

6 0
3 years ago
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A production line is to be designed to make 500 El-More dolls per day. Each doll requires 11 activities totaling 16 minutes of w
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Answer:

The required cycle time for this assembly line is 2 minutes. The rigtht answer is c.

Explanation:

Acording to the data, we have the following:

Daily operating time= factory operates 1000 minutes per day

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Therefore, to calculate the required cycle time for this assembly line we have to use the following formula:

Cycle time = daily operating time divided by the scheduled output

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The required cycle time for this assembly line is 2 minutes.

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4 years ago
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4 years ago
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