Answer:
Option B is correct (17.6)
Price-earnings ratio=17.6
Explanation:
option B is correct (17.6)
Given Data:
Net income=$90,000
Weighted-average common shares outstanding=18,000
Market price per share=$88
Book value per share=$76
Required:
Price-earnings ratio=?
Solution:
Formula:
Price-earnings ratio=
Price-earnings ratio=
Price-earnings ratio=17.6
Answer:
B. $300
Explanation:
The interest revenue is computed below:
= Principal × rate of interest × number of months ÷ (total number of months in a year)
= $20,000 × 6% × (3 months ÷ 12 months)
= $300
The 6 months is calculated from October 1 to December 31
Simply we use the simple interest formula by considering the principal amount, rate of interest and time period so that the correct revenue can be computed
Answer:
Ke 0.08690 = 8.69%
Explanation:
<u>The capital assets price model formula(CAPM) is as follows:</u>
risk free = 4% = 4/100 = 0.04
market rate = 11% = 11/100 = 0. 11
premium market: (market rate - risk free) = (0.11-0.04) = 0.07
Beta(non diversifiable risk) 0.67
Ke 0.08690
All of the above When formatting your resume, it is important to do all
Answer:
A banknote is a negotiable promissory note which one party can use to pay another party a specific amount of money. A banknote is payable to the bearer on demand, and the amount payable is apparent on the face of the note.
