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Lapatulllka [165]
3 years ago
7

PRICE/EARNINGS RATIO A company has an EPS of $2.40, a book value per share of $21.84, and a market/book ratio of 2.73. What is i

ts P/E ratio?
Business
1 answer:
Svetlanka [38]3 years ago
4 0

Answer:

24.84 times

Explanation:

The computation is shown below:

Market to book ratio would be

Market to book ratio = (Market price per share) ÷ (book value per share)

2.73 =  Market price per share ÷ $21.84

So, the Market price per share would be

= 2.73 × $21.84

= $59.62

And

Price-earnings ratio = (Market price per share) ÷ (Earning per share)

                                  = ($59.62) ÷ ($2.40)

                                  = 24.84 times

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What is a negative externality? Group of answer choices 1. Harm from economic activity that affects persons not involved in the
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Answer:

Option 1 is correct.

Explanation:

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3 years ago
U.S. firms, their foreign subsidiaries, or foreign firms that are licensees of U.S. technology cannot sell a product to a countr
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Answer:

national security of the United States

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hence, the above is the correct option

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7 0
3 years ago
Calculating the Cash Budget [LO3] Here are some important figures from the budget of Nashville Nougats, Inc., for the second qua
Vesnalui [34]

Answer:

Cash Budget

\left[\begin{array}{cccc}&$April&$May&$June\\$Beginning&135,000&178,820&376,885\\$sales receipts &272,040&346,965&356,875\\$paid to accounts &-161,300&-148,900&-169,300\\$other &-66,920&-82,880&-87,750&\\$Ending&178,820&376,885&564,460\\\end{array}\right]

Explanation:

To get the collection  we createthe colelctiong budget considering 35% is collected in the current month while 605 from the previosu month

\left[\begin{array}{ccccc}&April&May&June&Total\\$Sales&374400&349500&420500&934000\\$Current Month&131040&122325&147175&400540\\$Previous&141000&224640&209700&575340&\\Total&272040&346965&356875&975880\\\end{array}\right]

The paid to account is based in the previos month.

Then we have to add the equipment purchase with the wages, taxes and expenses to get the other cahs outlay.

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