Money is an unlimited resource.<br><br> TRUE<br><br> FALSE

The market price of Friden Company’s common stock increased from $15 to $18. Earnings per share of common stock remained unchang

MA_775_DIABLO [31]

Answer:

a. Increase

Explanation:

The price earnings ratio is calculated by dividing the market value per share by the earning per share. This means that the price of the share is in the numerator and the earnings per share is in the denominator. If the denominator increases the ratio will decrease and if the numerator increases the ratio will increase. In this case the price of the stock which is the numerator increases from 15 to 18 whereas the earnings which is the denominator remains the same, this means that the price earnings ratio will increase. We can see this example numerically

We know the price of the stock was $15, lets assume the earnings were $1. So before the price change the earnings per share ratio would be 15/1= 15.

When price increases to $18 and earnings remain the same the new price earnings ratio will be 18/1=18. This proves that when earnings are constant and price per share increases the price earning ratio increases.

8 0

4 years ago

A snack food company decreases the size of their single-serving size tortilla chips bag to 3. 0 ounces, which is 10% less than t

Harrizon [31]

A snack food company decreases 10% of the size of tortilla chips bag to 3.0 ounces. The original size of the bag is 3.33 ounces.

Percentage is a fraction of a hundred. For example 20% is equal to fraction 20/100.

The formula for calculating the percentage is given by:

percentage = value / total value x 100%

In the given problem, let:

p = original size of the bag

The snack size is decreased to 3.ounces, which is 10% less than the original size. It means, the current size = 100% - 10% = 90% of its original size.

90% x p = 3

p = 3/90%

p = 3/0.9 = 3.33

Hence, the original size of the bag is 3.33 ounces.

Your question is incomplete, but most probably your question was:

A snack food company decreases the size of their single-serving size tortilla chips bag to 3.0 ounces, which is 10% less than the original size.

What is the original size of the bag?

Learn more about percentage here:

brainly.com/question/21512139

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8 0

1 year ago

You are preparing to park your cor and you notice that you are near a rorood crossing. You

nikdorinn [45]

Answer:

Its is A

Explanation:

A

4 0

3 years ago

Critical Thinking: You are at a party, and the friend you came with has had several drinks. He appears to be sober and shows no

abruzzese [7]

Answer:

Alcohol is alcohol, and depedning on your weight, even just 2 drinks in your system would be enough for you to be considered impaired. Your friend may feel fine, but after several drinks they are not functioning as well as they should, and will still get in trouble with the police if they get pulled over and are breathalized. Tell your friend that you will drive home; if you both have had drinks, find someone else to drive you or call a taxi. It doesn't matter if it was 1 drink or 6, alcohol is alcohol.

7 0

3 years ago

According to the information presented in this video, a spreadsheet is effective for managing information about one thing (e.g

Ahat [919]

Answer:

Database

Explanation:

If we want to manage the information for more than one thing then the database is used. As it is a collection of the data which stores all the important and valuable information of the business organization.

The data is stored electronically if you want to edit, update or access then you can easily do it.

The examples are - Microsoft Access, Oracle, etc

So, the database can store much information as per your wants

6 0

3 years ago

Money is an unlimited resource. TRUE FALSE