Answer:
Price-earning ratio is 28.57 .
Explanation:
Price earning is a ratio widely used by common stock holder in stock market. The ratio is used to measures share price in relation to earning per share. The ratio tells us years require to recover amount spend on acquisition of share.
Detail calculation is given below.
Sales $ 5,600 -A
Net profit $ 168 -B
EPS $ 0.042 -B/4000
Price-earning ratio = 1.2/EPS = 28.57
Answer:
<em>Acquisition of a subsidiary on January 23, Year 2. Negotiations had begun in December of Year 1.</em>
Explanation:
An entity acknowledges <em>events that occurred in the financial reports which provide data on conditions that exist at the income statement date,</em> including calculations that are inherent in the preparation of the statement.
The holding company's sale did not take place until the end of the year.
Therefore, the transaction only included disclosure of the note, not acknowledgement in the statements.
Answer: The whole of $7,500 moving expenses
Explanation:Mike Hansen is entitled to the deduction of $7,500 moving expenses from his adjusted gross income.
The IRS now allows employees to deduct any moving expenses incurred by them to be deducted from their adjusted gross income before taxation.
It is a true statement that a DR planning involves the identification of critical business functions and the resources to support them are the cornerstone of the process used to create the business continuity plan.
<h3>What is a
DR planning?</h3>
A DR planning is an acronyms for disaster recovery plan work. It refers to the formal document that is created by an organization that contains detailed instructions on how to respond to unplanned incidents such as natural disasters, power outages, cyber attacks, disruptive events etc.
Most time, the disaster recovery plan involves the identification of critical business functions and the resources to support them are the cornerstone of the process used to create the business continuity plan.
Read more about disaster recovery plan
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Answer:
The correct answer is letter "A": Shareholders who are risk averse may prefer some dividends over the promise of future capital gains.
Explanation:
A dividend is a cash distribution by a company to its shareholders out of the profits of a period. Capital Gain refers to the increase in the value of a capital asset or an investment upon sale. From the two of them, dividends are safer investments since they do not rely exclusively on the sales of an asset.
Thus, a conservative investor is likely to choose dividends over the promise of capital gains.
