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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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All of the following are public relations tools except:______
Montano1993 [528]

Answer:

b. coupons and rebates.

Explanation:

Public Relations Tools or PR tools are a way for a specific company or organization to communicate with the public and media in order to control information, advertise products/services, and even gain exposure in a market. This is done through the use of many tools such as

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This does not include coupons and rebates which are used simply to garner more sales for a company

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3 years ago
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madreJ [45]

Answer:

c

Explanation:

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Rashid [163]
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3 0
3 years ago
Macroeconomics deals with the short-run variations in economic growth that make up the business.
madam [21]

Macroeconomics deals with the short-run variations in economic growth that make up the business cycle

This is further explained below.

<h3>What is Macroeconomics?</h3>

Generally,  The study of an economy's performance overall, structure, behavior, and judgment is the domain of macroeconomics, a subfield within the discipline of economics.

The increase of economic activity is followed by periods of contraction, which together make up a business cycle.

These shifts have repercussions not just for the well-being of the general population but also for the operations of private organizations.

Business cycles are a sort of variation that may be observed in the overall economic activity of a country.

A business cycle is a cycle that consists of expansions happening at about the same time in numerous economic activities, followed by contractions that are equally widespread in nature.

In conclusion, The business cycle is the primary focus of macroeconomics, which analyzes the short-term fluctuations in economic growth that occur throughout it.

Read more about  Macroeconomics

brainly.com/question/28424197

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5 0
1 year ago
A company with a high ratio of fixed costs:
garik1379 [7]

Answer:

The correct answer is: more likely to experience a loss when sales are down than a company with mostly variable costs.

Explanation:

The fixed cost ratio is a simple ratio that divides fixed costs by net sales.

The profit formula is:

Profit = Sales- Total cost =(Price * Q)-(FC + VC*Q)

Where  

FC=Fixed cost

VC= variable cos t

Q=produce quantity

If sales go down,  we have to pay this fixed cost even if we have no sales.  So if this Fixed cost are high ,  is most likely we are going to experience loss

4 0
3 years ago
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