1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
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.

You might be interested in
Diana is assessing applicants for a pilot job at a regional airfield. she wrote the description of the ideal candidate, and now
anyanavicka [17]

An overview within psychology that highlight the potential for of human to be good and that is nature of human is Humanism.  Observable actions of humans and nonhuman animals it is also the scientific study of mind and behavior.  Behavior is biological, but our behavior is influenced by our interactions with others. 

3 0
2 years ago
Read 2 more answers
On January 15, 2021, Concord Company received a two-month, 6%, $8300 note from William Pentel for the settlement of his open acc
olganol [36]

$10500.

What is credit and debit?

Events known as business transactions have a financial influence on an organization's financial statements. We enter the figures in two accounts, with the debit column on the left and the credit column on the right, to account for these transactions.

<u>Debit</u>

An accounting debit is an addition to an asset or cost account or a subtraction from a liability or equity account. In an accounting entry, it is placed to the left.

<u>Credit</u>

A credit is an accounting item that either raises or lowers an asset or cost account. It can also increase or decrease a liability or equity account. In an accounting entry, it is placed to the right.

Learn more about credit and debit with the help of given link:-

brainly.com/question/27917616

#SPJ4

4 0
1 year ago
Mulally's use of "the way forward," which involved closing and modernizing plants, implementing data
murzikaleks [220]

The actions of Mulally in doing the above can be said to be part of his <u>Strategy </u>for <u>Ford</u>.

<h3>Actions by John Mulally.</h3>
  • Were done to turn Ford Motors around so that it would be successful again.
  • Involved closing down plants and increasing labor productivity.

John Mulally was the CEO of Ford Motors and when he took over, Ford needed a turnaround in their fortunes. He engineered a series of changes to ensure that Ford would be competitive again.

In conclusion, this was his strategy.

Find out more on labor productivity at brainly.com/question/6430277.

4 0
2 years ago
In the two-period dynamic monopoly, if the monopolist succeeds in selling a sufficiently high quantity in the first period,A)the
Anton [14]

Answer:

D)the second-period demand curve will shift substantially to the right.

Explanation:

If monopolist succeeds in selling a sufficiently high quantity in the first period, then in the second period it will further increase and will shift the demand curve to right hand.

3 0
3 years ago
Which tax is specifically charged on real estate?
astra-53 [7]

Answer:

Property tax assessment

Explanation:

Under construction propertiesare taxed at 12%

From my according

8 0
2 years ago
Other questions:
  • Joseph purchased 100 shares of abcd growth fund for $10.00 per share for a total investment of $1,000. at the end of one year, h
    14·1 answer
  • Kubin company’s relevant range of production is 20,000 to 23,000 units. when it produces and sells 21,500 units, its average cos
    8·1 answer
  • Aria has a credit card that gives a 5% discount on every purchase and free shipping when used online. The annual percentage rate
    6·1 answer
  • Status
    15·1 answer
  • EcoFabrics has budgeted overhead costs of $945,000. It has allocated overhead on a plantwide basis to its two products (wool and
    8·1 answer
  • Shannon’s has developed a super-premium craft beer to be marketed as Shannon’s Irish Stout. The cost of production (brewing, can
    7·1 answer
  • When companies watch both their buyers and their competitors, they are called ________ companies.?
    7·1 answer
  • A 6.5 percent coupon bond with 14 years left to maturity is priced to offer a 7.2 percent yield to maturity. You believe that in
    6·1 answer
  • A 4.30 percent coupon municipal bond has 15 years left to maturity and has a price quote of 97.85. The bond can be called in fou
    5·1 answer
  • A business cycle reflects changes in economic activity, particularly real gdp. the stages of a business cycle are?
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!