The price - earnings ratio for the company, given the earnings per share and the market price per share, is 11 . 6
<h3>How to find the price - earnings ratio?</h3>
The price to earnings ratio shows the comparison between the earnings made per share and the price of each share.
The formula for the price to earnings ratio is :
= Earnings per share / Market price per share
Earnings per share = $ 8. 70
Market price per share = $ 100. 92
The price to earnings ratio is:
= 100. 92 / 8. 70
= 11 . 6
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The process will be out of control and the cause must be established
Explanation:
The statistical method in which the employers handle to control the quality and to control the process of a specific process and they help to function efficiently
This will ensure that the products operates efficiently and if the products produce more specifications and the tools that are included will include the run charts the control charts and the main focus will be on the continuous improvement and in the design of the experiments
Answer:
1. Contribution margin per unit
= $80
2. Contribution margin ratio %
=25%
3. Break-even point units
= 6300 units
4. Break-even sales dollars= $2,016,000
Explanation:
Contribution margin per unit = Selling price per unit - Variable cost per unit
= $320 - $240
= $80
2. Contribution margin ratio = Contribution margin per unit / Selling price per unit
= $80 / $320
= 25%
3. Break-even point in units = Fixed cost / Contribution margin per unit
= $504,000 / $80
= 6,300 units
4. Break-even point in sales dollars = (Fixed cost / Contribution margin per unit) X Selling price per unit
= ($504,000 / $80) X $320
= $2,016,000
Answer:
Dividend = $6.29993 rounded off to $6.30
Option c is the correct answer
Explanation:
Using the zero 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 = Dividend / r
Where,
- r is the required rate of return or cost of equity
Plugging in the values for P0 and r in the formula, we can calculate Dividend to be,
69.23 = Dividend / 0.091
69.23 * 0.091 = Dividend
Dividend = $6.29993 rounded off to $6.30
Answer:
The price elasticity of demand for textbooks is 1.25
Explanation:
Price elasticity of demand is given by percentage change in quantity demanded divided by percentage change in price
Percentage change in quantity of textbooks demanded = 5%
Percentage change in the price of a textbook = 4%
Price elasticity of demand for textbooks = 5% ÷ 4% = 1.25
