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Nitella [24]
3 years ago
13

​Ketchen, Inc. provides the following information for​ 2018: Net income ​$290,000 Market price per share of common stock ​$70 pe

r share Dividends paid ​$190,000 Common stock outstanding at Jan.​ 1, 2018 ​150,000 shares Common stock outstanding at Dec.​ 31, 2018 ​240,000 shares The company has no preferred stock outstanding. Calculate the​ price/earnings ratio of common stock.​
Business
1 answer:
Alenkinab [10]3 years ago
5 0

Answer:

Earnings per share = Net income/No of ordinary shares outstanding at the end of the year

Earnings per share = $290,000/240,000 shares

Earnings per share = $1.21

Therefore, Price-earnings ratio = Market price per share/Earnings per share

                  Price-earnings ratio = $70/1.21

                  Price-earnings ratio = 57.85

Explanation: First and foremost, there is need to calculate earnings per share by considering the net income and then divide it by the number of common stocks outstanding at the end of the year. Price-earnings ratio is obtained by dividing the market price per share by earnings per share.

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_______ capital is the economic or productive potential of strong, trusting, and cooperative relationships. This type of capital
Reil [10]

Answer:

Social capital

Explanation:

Social capital is defined as the effective or efficient functioning of the social groups through using the relationship of interpersonal, shared understanding, reciprocity, shared norms, cooperation, shared values and shared norms.

So, the social capital is the productive potential of cooperative relationships, strong and trusts. And this kind of capital help the person land the job. Within the survey it is stated that the 74% had found quality applicants by referrals of employees.

7 0
3 years ago
Which of the following is NOT part of project​ controlling?A. using a feedback loop to revise the project plan B. close monitori
BartSMP [9]

Answer:

C. sequencing and allotting time to all project activities

Explanation:

This will be part of the Project schedulling phase on which the uhman and materials resources are allocate to complete the activities within the timeframe of the project.

Asinging time to the project activities is part of the project schedulling phase.

While within Project controlling are the activities that check how the project is going. It looks for deviation on the expected outcome and notifies to managment. It must ensure the quality, quantity and cost of the goals

6 0
3 years ago
When both the offeror and the offeree agree to all terms and conditions of the contract, this is known as
poizon [28]

Answer:

mutual assent

Explanation:

7 0
3 years ago
A bakery would be willing to supply 500 bagels per day at a price of $0.50 each. At a price of $0.80, the bakery would be willin
son4ous [18]

Answer:

1.63

Explanation:

The computation of the pricing elasticity of supply using the midpoint method is shown below:

= (change in quantity supplied ÷ average of quantity supplied) ÷ (percentage change in price ÷ average of price)  

where,  

Change in quantity supplied would be

= Q2 - Q1

= 1,100 - 500

= 600

And, the average of quantity supplied is

= (1,100 + 500) ÷ 2

= 800

Change in price would be

= P2 - P1

= $0.80 - $0.50

= $0.30

And, average of price would be

= ($0.80 + $0.50) ÷ 2

= 0.65

So, after solving this, the price elasticity of supply is 1.63

6 0
4 years ago
Karson is a manager in a bottle manufacturing company. He wants to check whether 100 bottles were produced and dispatched to the
wariber [46]

Answer:

Answer is Operations Department.

Explanation:

7 0
3 years ago
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