a) Little book LTD earning per share is $1.118 per share.
Explanation:
To calculate earning per share we will use following formula:
Now to find net income we will take help of asset turnover ratio :
NOTE : LET x BE THE NET SALES DURING THE YEAR.
Asset turnover ratio = 
1.5 × $860000 = x
x (net sales) = $1290000
Outstanding shares = 75000 shares
So Net Income = $1290000×.065
= $83850
Now Earning per share = 
Earning per share = $1.118
b) Market to Book Ratio will be 1.2 for Little Book LTD.
Explanation:
Market to Book Ratio =
Market Capitalization = $ 75000× $ 12
= $900000
So, Market To Book Ratio =
= 1.2
So , Market To Book Ratio is 1.2 for little book ltd.
I would say that the answer is probably a screw and a lever.
If ^ means exponents, it should be -9a^6
Answer:
addition property of equality, subtraction property of equality, simplified, division property of equality and simplified.
Step-by-step explanation:
<span><span>x-4x+12=6
-3x+12=6
-3x+12-12=6-12
-3x=-6
-3x/-3=-6/-3
x=2
Plug (2) in for x in L2 and solve for y:
y=2(2)-6
y=4-6
y=-2
The solution (x,y)=(2,-2)
Check in both equations by substituting (x,y)=(2,-2) and see if it equals out:
L1) (2)-2(-2)=6
2+4=6
6=6 L1 checks out.
L2) (-2)=2(2)-6
-2=4-6
-2=-2 L2 checks out also, so we can say with confidence that the solution is right.
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