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Kipish [7]
3 years ago
5

Jupiter Explorers has $7,800 in sales. The profit margin is 4 percent. There are 6,100 shares of stock outstanding, with a price

of $1.80 per share. What is the company's price–earnings ratio?
Business
1 answer:
Law Incorporation [45]3 years ago
3 0

Answer:

The company's price–earnings ratio is 36.

Explanation:

Price earning ratio is the ratio of market value of share to earning per share. It shows that how much investors are willing to pay for each dollar of earning of the company.

Profit margin = Net income / sales

0.04 = Net Income / $7800

Net Income = $7800 x 0.04 = $312

Earning Per share = Net Income / number of outstanding shares

Earning Per share = $312 / 6,100 = $0.05

Price earning ratio = Market price of share / Earning per share

Price earning ratio = $1.8 / $0.05 = 36

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he following information relates to the manufacturing operations of the Abbra Publishing Company for the year: Beginning Ending
Serhud [2]

Answer:

Purchases= $1,091,000

Explanation:

Giving the following information:

Beginning Raw materials inventory = $549,000

Ending Raw materials inventory= $612,000

The raw materials used in production= $1,028,000.

<u>To calculate the raw material purchased, we need to use the following formula:</u>

Purchases= production + ending inventory - beginning inventory

Purchases= 1,028,000 + 612,000 - 549,000

Purchases= $1,091,000

4 0
3 years ago
What kind of advertisements would a company be unable to measure with standardized
Artist 52 [7]
Goodwill would be unable to measure the standardize tests.
6 0
3 years ago
Tara wants to put a small portion of every paycheck into a low-risk investment. which would be her best option?
nydimaria [60]

Tara's best option to put a small portion of every paycheck into a low-risk investment is investing in an S&P 500 index fund.

<h3>What is a paycheck?</h3>

A paycheck can be defined as a financial document that is issued by an employer to an employee as payment for the work done over a period of time.

<h3>What is risk tolerance?</h3>

In Insurance, risk tolerance can be defined as the willingness of an individual or organization to take a risk in business transactions and investments, in order to get a potentially positive reward.

Generally, the high risk that is associated with investments such as stocks, high-yield bonds, etc., is often perceived by investors to be worth the higher reward these investment brings.

In this scenario, we can reasonably infer that Tara's best option to put a small portion of every paycheck into a low-risk investment is investing in an S&P 500 index fund.

Read more on low-risk investments here: brainly.com/question/26164819

#SPJ1

6 0
1 year ago
What is prohibited in a command economy?
aleksandr82 [10.1K]
The answer is b I’m pretty sure
8 0
3 years ago
In its first month of operations, McLanie Company made three purchases of merchandise in the following sequence: (1) 300 units a
Mila [183]

Answer:

the average unit cost:  $7.917

Explanation:

I think your question is missed of key information, allow me to add in and hope it will fit the original one.  

<em>In its first month of operations, McLanie Company made three purchases of merchandise in the following sequence: (1) 300 units at $6, (2) 400 units at $8, and (3) 500 units at $9. Assuming there are 200 units on hand at the end of the period. Calculate average unit cost. (Round answers to 3 decimal places, e.g. 5.125.)</em>

My answer:

Given:

  • 1) 300 units at $6, (2) 400 units at $8, and (3) 500 units at $9.

<=> Total units = 300 + 400 + 500 = 1200 units

<=> Total cost: 300*$6 + 400*$8 + 500*$9

= $1,800 + $3,200 + $4,500

= $9500

  • As we know that, the average unit cost:

= Total cost / total units

=$9,500 ÷ 1,200 = $7.917

Hope it will find you well.

<em />

6 0
3 years ago
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