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Y_Kistochka [10]
3 years ago
14

Penny's candies is showing a p/e ratio of 1.32, while donna's confections has a p/e ratio of 6.7. what is the general mood of in

vestors at these companies?
Business
1 answer:
Whitepunk [10]3 years ago
3 0

Investors at Penny's candies have low expectations from the company since it has a very low P/E ratio. Either the company is not performing well or investors have discounted some bad news in future cash flows.

Whereas Donna's confections has a P/E of 6.7 which is much better than that of Penny's. So here the company is performing well and investors are positive on future good news and they expect the cash flows to improve and hence the stock rules at a higher P/E ratio

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The Boat Works decided to go public by offering a total of 135,000 shares of common stock to the public. The company hired an un
Alex787 [66]

Answer:

The amount paid to the issuer is $2,971,080.

Explanation:

The total number of shares is 135,000.

Though only 122,400 shares are sold to the public.

The initial selling price is $24.

The spread percentage is given at 8.3%.

The amount paid to the issuer will be

=Total number of shares*Initial selling price (1-spread)

=135,000*24*(1-0.083)

=135,000*24*0.917

=2,971,080

So, the amount paid to the issuer is $2,971,080.

7 0
3 years ago
The Blue Nile Law Firm prepays for advertising in the local newspaper. On January​ 1, the law firm paid $ 15 comma 000 for twelv
Arada [10]

Answer:

a. Cash basis $15,000

b. Accrual basis $2,500

Explanation:

Under the cash basis of accounting, expenses are recorded or recognized in the books not necessarily when incurred but when cash is paid. This is not in line with the matching concept which requires that expenses be recognized the  period it is incurred as well as the resulting revenue.

Hence, the $15,000 paid on January 1  would have been recognized as an expense for the two months ending February 28 using the cash basis.

Using the accrual basis, monthly expense

= $15,000/12

= $1,250

Hence advertising expense for 2 months

= 2 * $1,250

= $2,500

6 0
3 years ago
The teenage market is a market that is categorized in what way?
grin007 [14]
The closest answer that i can think of is categorized by consumer. By consumer, we are saying that you have to categorize them based on what they like meaning based on what they like at their age. For example, if you are going to market a pizza store to them, one of the best ways to do that is to position your pizza store as a place for friends to hang out because teenagers, at that age, love to hang out with friends and to be cool. So you have to categorize a teenage market by their interests when they are at that certain adolescent age
5 0
3 years ago
if an interest inventory reveals that you are highly interested in solitary, introverted work, what might be the best type of ca
Softa [21]
In my opinion, venturing into world of Arts could be a favorable path for a person highly interested in solitary, introverted work. Visual arts such as painting and photography (nature, macro-shoots, etc) could be better choices. Literature might interest you too. The art of words would allow you to express yourself without talking to animate objects. One could pick a pen or stare at his or her computer when indulging oneself in the ARTS. 

You do not have to impress others, your masterpiece could do the talking for you.

Hope this helps. Have a nice day!
8 0
3 years ago
A process cost system would be used for all of the following products except computer chips. motion pictures. chemicals. soft dr
denpristay [2]

One thing that a process cost system cannot be used for from the given options is Motion pictures.

<h3>What is process costing?</h3>

This is a method of allocating cost that is based on the same item being mass-produced such that there is no discernable difference between the goods that were produced.

Motion pictures cannot be mass produced which is why they cannot use process costing, Every motion picture is unique and so something more specific is needed to apportion their cost.

Find out more on process costing at brainly.com/question/17129908

#SPJ1

5 0
1 year ago
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