Answer:
$13,050
Explanation:
Golden assets started the year with assess of $131,000
Liabilities is $44,000
Common stock $74,000
Retained earnings $13,000
Therefore the amount of golden assets at the end of the year can be calculated as follows
=13,000+(6,900-3,950)-2,900
=13,000+2950-2,900
= $13,050
Hence the amount of golden assets at the end of the year is $13,050
Answer:
21 times
Explanation:
Calculation to determine Beer Corporation's price earnings ratio
First step is to get Calculate the Earning per share ( EPS)
EPS=$216,000 ÷ $58,500
EPS= $3.69
Now let calculate the price earnings ratio
Price earnings ratio= $79 ÷ $3.69
Price earnings ratio= 21 times
Therefore Beer Corporation's price earnings ratio is 21 times
Answer:
The maximum that should be paid for the stock today is $8.47
Explanation:
Using the constant growth model of dividend discount model, we can calculate the price of the stock today. The DDM values a stock based on the present value of the expected future dividends from the stock. The formula for price today under this model is,
P0 = D0 * (1+g) / (r - g)
Where,
- r is the required rate of return
P0 = 0.7 * (1+0.016) / (0.10 - 0.016)
P0 = $8.466666667 rounded off to $8.47
Answer:
c. many buyers and sellers.
Explanation:
A perfect market for competition is a market that has a high level of competition.
It has the following features -
1. With regard to the market, knowledge is great in this rivalry between producer and consumer.
2. Free entry, and exit
3. Deals with same or homogeneous products
4. The sellers and buyers are more in this market
Answer:
conducts
Explanation:
a fuse consists of a metal strip of wire fuse element, of small cross-section compared to the circuit conductors, mounted between a pair of electrical terminals,and (usually) enclosed by a non-combustible housing. The fuse is arranged in series to carry all the current passing through the protected circuit.
