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Blizzard [7]
3 years ago
8

Tito Corporation had net income of $2,000,000 and paid dividends to common stockholders of $300,000 in 2017. The weighted averag

e number of shares outstanding in 2017 was 400,000 shares. Tito Corporation's common stock is selling for $50 per share on the NASDAQ. Tito Corporation's price-earnings ratio is:_________
a. 10 times.
b. 4 times.
c. 12.5 times.
d. 3 times.
Business
1 answer:
Sidana [21]3 years ago
8 0

Answer:

a. 10 times

Explanation:

The computation of price-earnings ratio is shown below:-

Earning per share = Net income ÷ Weighted average shares outstanding

= $2,000,000 ÷ 400,000

= 5

Price earning per share = Market price per share ÷ Earning per share

= $50 ÷ 5

= 10 times

Therefore for computing the price earning per share we simply applied the above formula.

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11Alexandr11 [23.1K]

Answer:

A.) supply-side

Explanation:

Fiscal policy in economics refers to the use of government expenditures (spending) and revenues (taxation) in order to influence macroeconomic conditions such as Aggregate Demand (AD), inflation, and employment within a country. Fiscal policy is in relation to the Keynesian macroeconomic theory by John Maynard Keynes.

A fiscal policy affects combined demand through changes in government policies, spending and taxation which eventually impacts employment and standard of living plus consumer spending and investment.

A supply-side economist can be defined as economists who believes that the ability and willingness of the producers of goods and services to manufacture or produce sets the pace for the economic growth of a country.

This ultimately implies that, increasing the supply of goods and services would cause an economic growth for a country.

Hence, a supply-side fiscal policy is typically designed to create an outward shift in the production possibilities curve (PPC) and shift the aggregate supply (AS) curve to the left.

Generally, a supply-side fiscal policy takes a longer period of time to affect the economy of a country.

5 0
3 years ago
Which of the following is​ true? A. Both microeconomics and macroeconomics deal with same economic issues of​ inflation, unemplo
Sergio039 [100]

Answer:

the correct answer is D. Macroeconomics is the study of the economy as a​ whole, while microeconomics deals with the individual​ decision-making units.

Explanation:

Macro economics emerged as a seperate disclipline in the late 1930's witht eh influence of the prominent british economist John Meynard Keynes. it looks at the economy as a whole and tries to solve major economic issues affecting the national economy such as the unemployment, inflation, GDP and current rate changes.

Micro economics on the contrary, looks at how the individuals and firms behave in an economy and tries to explain their decisions and how they react.

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3 years ago
Which of the following is a low-interest loan to students with very high financial need? A.Direct PLUS B.Pell C.Gates D.Perkins
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My answer would have to be D.Perkins
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kolbaska11 [484]

Answer:

Accommodation

Engagement Refinement

Explanation:

In the entrepreneurial ecosystem, networks still remain a popular and important aspect which is often thought and seen as a stepping stone to achieving entrepreneurial greatness. This network simply entails the creation of a circle or set of skilled individuals usually in different strategic areas of specialization relevant to a certain business line or sector. This way embarking on projects tends to be much easier as these networks of people can offer help, tips or together engage in to proffer solution on time. Networks are created usually through meetups and good interpersonal relationships. Having professionals around can speed up processes and. However, networks has to be properly managed usy be being accommodating and warm when approcached; frequent engagement topics and trending issues, including the desire to learn more and measure up to new trends.

8 0
3 years ago
The Grange was an organization that____________.
Fittoniya [83]

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