1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Dimas [21]
3 years ago
5

Data concerning Bouerneuf Company's common stock follow:Book value oer share 24.00Market Value per share 18.00Earnings per share

6.00Par Value per share 4.00Dividend per share 1.00The price-earnings ratio would be
Business
1 answer:
natali 33 [55]3 years ago
4 0

Answer:

3

Explanation:

Price - earnings ratio refers to the ratio between the Market price and the Earning per share. The formula for price - earning ratio is as follows:

Given that,

Book value per share = 24.00

Market Value per share = 18.00

Earnings per share = 6.00

Par Value per share = 4.00

Dividend per share = 1.00

P/E ratio = Market price ÷ EPS

              = 18 ÷ 6

              = 3.0

Therefore, the price-earnings ratio would be 3.

You might be interested in
A firm that has the ability to control to some degree the price of the product it sells
Llana [10]
I believe the answer is Monopolist.
8 0
3 years ago
Ethnocentric managers believe that their native country, culture, language, and behavior need to be changed. are equal to all ot
Levart [38]

Answer:

are superior to other cultures.

Explanation:

  • Ethnocentrism is the belief that indigenous culture, customs, and way of life are more important than other cultures. Ethnographers believe that their own culture, country, language and all other characteristics are superior to other cultures.
  • so correct answer are superior to other cultures.
3 0
3 years ago
Your friend decides that he needs to receive a retirement payment of 70,000 dollars per year from a retirement fund that is proj
damaskus [11]

Answer:

Explanation:

This is an Ordinary Annuity question. You can solve this using a financial calculator. I'm using (TI BA II Plus)

N; duration = 20

I/Y ; interest rate per year = 8.5%

PMT ; recurring annual payment = 70,000

FV; Future value = 0 (In solving annuities, use 0 if not given)

then CPT PV = ?

PV = 662,433.563

Therefore, your friend needs to have $662,433.56

7 0
3 years ago
A cash payment received from a customer for a product purchased on account would be recorded as...
photoshop1234 [79]
A cash payment received from a customer for a product purchased on account would be recorded as DEBIT TO CASH AND CREDIT TO ACCOUNT RECEIVABLE.  Cash is debited because cash has been received by the company and it has to be debited to the asset account of cash. The account receivable is credited to record the fact that money has been received. 
8 0
3 years ago
One example of a primary market transaction would be the: sale of 100 shares of stock by maria to her best friend. purchase by t
Korolek [52]
In the primary market investors buy securities directly from the company issuing them while the secondary market, investors trade securities among themselves, and the company with the security being traded does not participate in the transaction. Therefore, an example of a primary market transaction would be the sale of 1000 shares of newly issued stock by Alt Company to Miquel.
8 0
3 years ago
Other questions:
  • Brent received a report from the production and purchasing departments with the following values for August: Actual materials qu
    9·1 answer
  • Which of the following accounts neither increases nor decreases the fund balance of the General Fund during the fiscal year?
    5·1 answer
  • Jo mielziner' s set for the original production of death of a salesman was:
    8·1 answer
  • Using the data set below, what would be the forecast for period 5 using the exponential smoothing method? Assume the forecast fo
    11·1 answer
  • Morgan signs a contract with Shane agreeing to work with him for a movie. Halfway through the production of the movie, Shane dec
    9·1 answer
  • There is an 80/20 rule in sales that ___ eighty percent of a company’s sales come from twenty percent of their customers. Theref
    6·1 answer
  • Units Unit Cost Inventory, Jan. 1 8,000 $11 Purchase, June 19 13,000 12 Purchase, Nov. 8 5,000 13 If 9,000 units are on hand at
    5·1 answer
  • Pick the correct statement related to bid price from below. Multiple Choice The bid price is the price you must charge to break
    14·1 answer
  • International businesses with markets and production facilities in other countries, or that use materials from different countri
    8·1 answer
  • management information systems allow managers to build upon an organization’s existing strengths to create
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!