Answer:
P/E ratio = 6.40 times
Option c is the correct answer.
Explanation:
The P/E ratio or price earnings ratio measures the price that the investors are willing to pay for each $1 of earnings of the company. It is calculated as follows,
P/E ratio = Price per share / Earnings per share
We can calculate the earnings per share by dividing the net income by the number of shares outstanding.
P/E ratio = 32 / (170000 / 34000)
P/E ratio = 6.40 times
An unfavorable variance is produced
Answer:
B. knowledge capital is both nonrival and nonexcludable; other firms can freely access the research and development of one particular firm.
Explanation:
Knowledge and capital are non-exclusive, firms may in the long run have access to research and development by other firms. In the short term, companies may be protected by patents. However, in the long run, patents expire and scientific knowledge becomes a common good, so everyone can have access. This acts as a disincentive for firms to invest in research and development. For economic growth the effect is very bad, since if all firms invested in knowledge, productivity would tend to increase significantly, increasing the GDP and wealth of nations.
Answer:
Dr Interest expense $4,000
Dr Notes payable $1,120
Explanation:
The $5,120 repaid comprised of both interest and principal repayments,hence there is need for the amount to be split into the two appropriate accounts.
The interest payable on the loan on yearly basis ,based on the outstanding loan balance of $50,000 is $4,000(8%*$50,000),hence the balance of $1,120($5,120-$4,000) represents the actual repayment of principal,as a result the notes payable account should be debited with $1,120.
Answer:
1: persistence
2: customer service skills
3: troubleshooting skills
Explanation:
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