Answer:
$25.50
Explanation:
Price to earning ratio is calculated by dividing market price per share with the earnings per share. This is investor ratio which determines how much an investor is willing to pay per dollar. This ratio is used by investors to identify whether the company is undervalued or overvalued.
To calculate stock price of Economy Automotive is calculated by multiplying net income with the P/E ratio.
Stock price = $1.5 million * 17 = $25.50
Answer:
umm i rrly dont know just need points thxs
Explanation:
Answer:
Fund balance at December 31th, 2030 $ 1,381,644.80
Explanation:
We should calculate the future value of a 10-years annuity of 100,000 at 7% interest rate:
C 100,000
time 10 years
rate 7% = 7/100 = 0.07
FV $1,381,644.7961
Answer:
a) $25 is the correct answer.
Explanation:
Those are the only three people in the community. Susie is willing to pay $25 and everyone else is willing to pay less than that.
Answer:
A. a debit to Interest Expense for $ 36, 000
Explanation:
Based on the information given we were told that Flipco has note payable on January 1, 2018, of the amount of $800,000 and on December 31 we were told that the loan requires annual principal payments of the amount of $80,000 in addition with 5% interest. This means that the Journal entry to record the transaction on December 31, 2019 will includes a Debit to interest expense for $36,000 calculated as :
Interest expense= $800,000-$80,000
Interest expense=( $720,000* 5%* 12/12)
Interest expense =$36,000
Therefore the Journal entry to record the annual payment on December 31, 2019 will includes :
A Debit to interest expense for $36,000
