Answer: 2.63
Explanation:
The Market to Book ratio is also referred to as the price to book ratio. It is a financial evaluation of the market value of a company relative to its book value. It should be noted that the market value is current stock price of every outstanding shares that the company has while the book value is the amount that the company will have left after its assets have been liquidated and all liabilities have been repaid.
The market-to-book ratio will be the market price per share divided by the book value. It should be noted that the book value per share is the net worth of the business divided by the number of outstanding shares. The book value will be:
= [(12500 ×1) + $21200]/12500
= ($12500 + $21200)/$12500
= $33700/12500
=$2.70
The market-to-book ratio will now be:
= $7.10/$2.70
=2.63
Answer: PERSONAL COMMUNICATION
Explanation: In the given case, the salesman of the store is personally interacting with the customer for establishing a relationship.
The human behavior reacts positively when someone gives them importance and listens to them without any judgement. Similarly, in this case the salesman is trying to win the confidence of the customer by persuading him with personal attention.
Answer:
First we need to find the required rate of return on Cooperton Mining
We can use the DDM model for that
D*(1+G)/R-G=Price
Before the dividend cut
50.12=3.86*1.032/R-0.032
50.12R-1.60=3.98
R=0.11 or 11%
Now we can use R from this to find the expected share price after the dividend cut
2.48*1.049/0.11-0.049= $42.6 Will be the new expected price.
Explanation:
Answer:
Piper should report $308,000 as net income for the year . Option C
Explanation:
Accumulated Depreciation till 2014 = [$600,000×(5+4+3)] ÷ 15 = $ 480,000
Book Value at beginning 2015 = $600,000 - $480,000 = $120,000
Depreciation Expense in 2015 = $120,000 ÷ 2 = $60,000
Net Income before depreciation & taxes = $ 500,000
Depreciation = $ 60,000
Electronic Benefits Transfer = Net Income before depreciation & taxes - Depreciation
= $ 500,000 - $ 60,000
=$ 440000
Tax Expenses = $440,000 × 30% = $132,000
Net Income =$ 308,000
Answer:
Nuts and Bolts International Business Student of the Year Competition (IBSY)
Explanation:
This competition seeks to award students attending Nuts and Bolts member schools for their outstanding business skills and academic excellence. Interestingly, this award has been in existence for 15 years now.