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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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This statement above would be known to be called a (true/false) question, and based on my information, this statement above would be known to be a "true" statement. This would be true in many marketing companies that would be out there. They would always contain a strategy for each nation, and therefore this would then resolve to which a company would produce it's market productions.

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3 years ago
On November 1, 2019, Davis Company issued $30,000, ten-year, 7% bonds for $29,100. The bonds were dated November 1, 2019, and in
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Answer: A.) $1,095

Explanation:

Bond value = $30,000

Rate = 7%

Period = 10 years

Issue price = $29,100

Bond value × rate :

30,000 × 0.07 = $2100

Semi annually:

$2100 / 2 = $1050

(Bond value - issue price) ÷ (period × 2)

($30,000 - $29,100) / (10 × 2)

$900 ÷ 20 = $45

$1050 + $45 = $1,095

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3 years ago
An active worker receives $500 every two weeks. This kind of monetary reward for work is called ______.
Vladimir79 [104]
I believe the correct answer is Payment, because if the worker receives $500 EVERY TWO WEEKS it most likely means that is his payment or what he is employed for
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compared with the network evening news shows (those on abc, nbc, and cbs), cable news stations such as msnbc, fox news, and cnn
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While network evening newscasts have stayed fairly constant throughout the years, the news programs that Americans watch on local television stations and national cable channels have altered substantially in recent years.

<h3>What change has been noticed?</h3>

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Leadership is not needed when:

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There are instances where it is not needed however such as when:

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