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Len [333]
3 years ago
6

Little Book LTD has total assets of $860 000. There are 75

Business
1 answer:
malfutka [58]3 years ago
5 0

a)Little book LTD earning per share is $1.118 per share.  

Explanation:

To calculate earning per share we will use following formula:

\frac{net income}{weighted average  shares outstanding}

Now to find net income we will take help of  asset turnover ratio :\frac{net sales}{total asset}

Asset turnover ratio = \frac{x}{860000}

\begin{align}\frac{x}{$86000}\end{align}1.5 × $860000 = x

x (net sales) = $1290000

Outstanding shares = 75000 shares

So Net Income  = $1290000×.065

                          = $83850

Now Earning per share = \frac{83850}{75000}

    Earning per share = $1.118

b)  Market to Book Ratio will be 1.2 for Little Book LTD.

Explanation:

Market to Book Ratio =\frac{Market Capitalization}{Total Book Value}

Market Capitalization = $ 75000× $ 12

                                    = $900000

So, Market To Book Ratio =\frac{900000}{750000}

       Market To Book Ratio = 1.2            

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Refer to the following table to answer the following questions:
sineoko [7]

Answer:

Following are the answer to this question:

In question first, the answer is "Option d".

In question second, the answer is "Option e".

In question third, the answer is "Option e".

In question fourth, the answer is "Option e ".

In question fifth, the answer is "Option b".

Explanation:

Given values:

Checkable \ deposits =  \$ 400,000,000\\Currency = \$ 340,000,000\\Traveler's \ checks = \$ 4,000,000\\Money \ market \ mutual \ funds = \$ 50,000,000\\Small \ time \ deposits = \$ 6,000,000\\Savings \ deposits = \$ 850,000,000\\

Solution:

  • \text{M1= currency +checkable deposits + travellers check}

    = $400000000+$340000000+$4000000

    = $744000000

\bold{\text{M2 = M1 +money market mutual funds + small time deposit+ saving deposit}}

      =  $744000000 + $50000000+$6000000+$850000000

       = $1,650,000,000

  • Saving account deposits, which means its amount of money increased throughout the M2 portion regular savings account. So M2 will grow  
  • Its increase in the number of employees may not impact the balance sheet with banks, because each bank maintains its entire cash flow
  • For banks, loans are investments if they're lending money as a bank to people. So, it's on income statement asset side
3 0
3 years ago
What is a service technology? Are different types of service technologies likely to be associated with different structures? Exp
Soloha48 [4]

Explanation:

it refers to the use of services for software development, where a service is an autonomous, platform agonstic software component that operate within an ecosystem of services

7 0
2 years ago
Healthy Measures Inc. produces a Bath and Gym version of its popular electronic scale. The anticipated unit sales for the scales
lesantik [10]

Answer:

Explanation:

Production budget is a schedule of the number of units of goods that are to be produced using a forecast sales amount and the level of the opening and closing inventory

                                            Bath Scale                       Gym Scale

Northern region                     25,500                              33,300

Southern region                     27,500                              28,900

Total                                        53,000                               62,200  

Opening inventory                  (1,200)                                ( 2,500 )

Closing inventory                     900                                     2,700    

Total units to be produced     52,700                               62,400

Bath scale = 53000+900 -1200 = 52700

Gym scale = 62200+ 2700-2500 =62,400

           

7 0
3 years ago
"$12 million per year. grow 10% compounded annually over the next 5 years. What will demand be in 5 years?"
Dafna1 [17]

Answer:

$12,936,120

Explanation:

The formula for calculating compound interest

=FV = PV × (1+r)n

Fv = future value

PV present value

r interest rate =10 %

t =time = 5 years

Future value= 12million x(1+10/100)5

                    =12,000,000 x (1+0.1)5

                    =12,000,000x1.61051

                    =  $12,936,120

4 0
2 years ago
Why might large corporations be more likely to support development of sustaining technology rather than emerging technology?
elixir [45]
Thank you for posting your question here at brainly. I hope the answer will help you. Feel free to ask more questions.

The large corporations be more likely to support development of sustaining technology rather than emerging technology is because the <span> technology is already aligned with main revenue streams.
</span>
The answer is C. 
4 0
3 years ago
Read 2 more answers
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