1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
faust18 [17]
3 years ago
10

Strack Houseware Supplies, Inc. has $531 million in total assets. The other side of its balance sheet consists of $74.34 million

in current liabilities, $138.06 million in long-term debt, and $318.60 million in common equity. The company has 20,700,000 shares of common stock outstanding, and its stock price is $85.00 per share. What is Strack's market-to-book ratio?
Business
1 answer:
Greeley [361]3 years ago
5 0

Answer:

$5.52 (Approx)

Explanation:

Given that,

Total assets = $531 million

Current liabilities = $74.34 million

Long-term debt = $138.06 million

Common equity = $318.60 million

Shares of common stock outstanding = 20,700,000

stock price = $85.00 per share

Book value per share:

= common equity ÷ shares of common stock outstanding)

= $318,600,000 ÷ 20,700,000

= $15.3913043 (Approx)

Market to book ratio:

= Market value per share ÷ Book value per share

= $85 ÷ $15.3913043

= $5.52 (Approx)

You might be interested in
For a single person, 0 allowances, who made $185 last week State withholding tax: $ Federal withholding tax: $
Goshia [24]

It should be noted that when an individual claims 0 on their tax, then such a person is having the largest amount that will be withheld from their paycheck.

<h3>What is a tax? </h3>

Your information is incomplete as you didn't give enough information. Therefore, an overview of tax will be given. A tax is a compulsory levy that's paid to the government.

In a situation when an individual claims 0 on their tax, then such a person is having the largest amount that will be withheld from their paycheck for federal taxes.

When the goal of the person is to receive a larger tax refund, then it's best that the person claims 0.

Learn more about tax on:

brainly.com/question/25783927

4 0
2 years ago
Joseph runs a popular cafeteria chain. He currently has three branches in the city. He plans to enter a franchise contract with
vekshin1

Answer:

B. business format franchise

Explanation:

Under the business format model, the franchisee adopts the entire business operating systems of the franchisor. It means that the franchisee uses the franchisor's trademark, plans, and procedures. Goods and services offered by the franchisee will be identical and will bear the same prices as those of the franchisor.

Joseph plans to operate a business format model of a franchise. The franchisee will have to meet Joseph's standards of operations. For that to happen, Joseph must provide the following.

  1. Initial training
  2. Standardize build-out plans
  3. Operations manuals
  4. Continuous support
  5. Point-of-sale system education
  6. Key functionalities

Joseph has a responsibility to ensure the franchisee adhere to the standards agreement. It means he will have a supervisory role in management for the franchisee.

In return, Joseph will be earning commissions from each franchisee based on the income of each of them.

3 0
3 years ago
Given all the details about bonds and stocks, which do you prefer to invest with your money in the future? Explain in your own w
nataly862011 [7]

Answer:

Bonds provides more opportunities and offers than stocks.

Explanation:

  • Bonds are a better option than stocks as bonds tend to give a good return. That is the bonds are less volatile and less risk markets they have a high interests rates and tends to offer saving rates at a bank and hae various advantages.
  • Bonds also perform well the stocks decline and hence they are better than stocks and should prefer to invest in the money in future.
3 0
2 years ago
What is the major advantage of processing information automatically?
Lady bird [3.3K]
The answer is we can use our cognitive resources for other more important matters. In addition to social cognition, it brings up to the way people select, understand, remember, and use social data to make conclusions and decisions about themselves and others and Schemas are the cognitive constructions we use to establish our information of the social world.
7 0
3 years ago
The purpose of a sharps injury log is to help your employer _______________.
Alla [95]

The Log's aim is to aid in the evaluation of devices used in healthcare and other facilities, as well as to highlight issue devices or procedures that require more exposure attention or examination. At a minimum, the sharps injury log must include the kind and brand of device involved in the injury.

The department or work area where the exposure incident happened, and an account of how the incident occurred. keeping track of all needlestick injury, identifying causes of injuries, and preventing future incidences It must not be possible for blood or OPIM to get through to the skin, clothing, eyes, mouth, and so on. Needlesticks and wounds caused by infected sharps.

To learn more about injury, click here.

brainly.com/question/445007

#SPJ4

3 0
2 years ago
Other questions:
  • Which of the following basic steps in risk analysis should be performed first?
    6·1 answer
  • tahir owns and operates a gym. In 2020, he purchased and placed the following new assets into service for his business: March 17
    15·1 answer
  • Paytonics Inc., a microchip manufacturing company, is hiring for the position of marketing manager for its new division. Patrick
    13·1 answer
  • Larry is asked to conduct an STP analysis for his firm. The first step he should perform in this analysis is to: A. develop a bu
    11·1 answer
  • Industries manufactures​ 3-D printers. For each​ unit, $3,400 of direct material is used and there is​ $2,600 of direct manufact
    12·1 answer
  • An account becomes uncollectible a.when an account receivable is converted into a note receivable b.There is no general rule for
    6·1 answer
  • Century Manufacturing developed the following per-unit standards for its product: 4 pounds of direct materials at $6.40 per poun
    8·1 answer
  • if the federal reserve decreases the reserve rate from 10% to 8%, how does this affect the amount of money that would result bec
    12·1 answer
  • Which of the following is considered the more industrial version of hunting?
    10·1 answer
  • supplies expense is ______ and supplies is ______ for the amount of supplies used during the period that were originally recorde
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!