Answer:
a. Current ratio = Total current assets / Total current liabilities = $366 / $226 = 1.62 to 1
b. Average receivable = (Beginning receivables + Ending receivables) / 2 = ($156 + $160) / 2 = $158
Average collection period = Number of days in year / Credit sales * Average accounts receivable = 365 / $1,702 * $158 = 33.88 days
c. Average Stockholder's equity = (Beginning equity + Ending equity) / 2 = ($500 + $550) / 2 = $525
Return on stockholder's equity = Net income / Average stockholder's equity = $112 / $525 = 21.33%
d. Earnings per share = Net income / Common shares outstanding = $112 / 46 = $2.43 per share
Price earnings ratio = Market price per share / Earnings per share = $50 / $2.43 = 20.58 times
e. Dividends per share = Dividends / Common shares outstanding = $92 / 46 = $2.00 per share
Dividend yield ratio = Dividend per share / Market price per share = $2.00 / $50 = 4.00%
Workings
Beginning retained earnings $346
Add: Net income $112
Less: Ending retained earnings -<u>$366</u>
Dividends <u>$92</u>
<u>Answer:</u>
<u>a good example of this is when we declined an equity investment offer. </u>
<u>Explanation:</u>
In the short-term one may see an investment offer as a never to be missed opportunity. However, certain investments lead to loss of control, this was true in our own case. Thankfully, we avoided the short-term gain in other to realize a long-term gain.
Answer:
Discs and the Internet are unreliable and often slow, and there's nothing quite as distracting as "<u>having this issue</u>" in the middle of a presentation.
Explanation:
Presentation is often a formal talk or sharing of ideas about a topic which can be on any field, matter, discovery, product, to an audience.
Since discs are used for optical storage, which allows data storage and data retrieval are very good to store information for presentation.
However, discs can be unreliable likewise the internet. As a disc is a computer hardware, it can be attacked by a computer virus thereby affecting the stored data, and the internet speed also varies across locations, all these can cause distractions in the middle of a presentation especially if one needs the disc and the internet to be able to render a presentation efficiently.
Answer: you would say that carter does not have a good finance in order to have the bank to give him a lown in order to get a lown you have to have a good job and good amount of money to pay it off in the future
Explanation:
Answer:
price of wheat to increase, the supply of bread to decrease, and the demand for potatoes to increase.
Explanation:
A drought will reduce the supply of wheat thereby causing the supply curve to shift upwards (to the left) leading to an increase in the price of wheat. Since wheat is a basic ingredient in producing bread, an increase in the price of wheat will increase the cost of producing bread. An increase in cost of producing bread will reduce the supply of bread, shifting the supply curve to the right.
Potatoes and bread are close substitutes and therefore, have a competitive demand. An increase in the price of bread will increase the demand for potatoes because rational consumers will opt for a cheaper alternative considering their money income.
