Answer:
Price per share = $18.75
Explanation:
The P/E ratio is the measure of how much the investor's are willing to pay for every $1 earnings of the stock. The p/e ratio is calculated by dividing the price per share of the stock by the earnings per share. The formula for p/e ratio is as follows,
P/E ratio = Price per share / Earnings per share
Earnings per share = Net Income / Number of Common stock outstanding
Earnings per share = 600000 / 800000 = 0.75 per share
25 = Price per share / 0.75
25 * 0.75 = Price per share
Price per share = $18.75
Answer:
Predetermined manufacturing overhead rate= $8.3 per machine hour
Explanation:
Giving the following information:
Total machine-hours 80,000
Total fixed manufacturing overhead cost $416,000
Variable manufacturing overhead per machine-hour $ 3.10
<u>First, we need to calculate the predetermined overhead rate:</u>
Predetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base
Predetermined manufacturing overhead rate= (416,000/80,000) + 3.1
Predetermined manufacturing overhead rate= $8.3 per machine hour
Answer:
C.earning college credits in high school.
Explanation:
The other answers are all negative and in the question it says ''a benefit''.
Hope this helps! Please mark brainliest!
Answer: Option D
Explanation: Competitive advantage refers to situation when an organisation gets favorable advantage in the market over its competitors.
In the given case, Belinda is trying to establish business in the industry which already has heavy competition. Therefore, if she wants to establish a customer base, she must need some competitive advantage so that she can operate with low profits initially.
Hence from the above we can conclude that the correct option is D.