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3 years ago

PLZ I need help with this problem!

Mathematics

1 answer:

Eduardwww [97]3 years ago

3 0

Answer:

9/32

Step-by-step explanation:

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Little Book LTD has total assets of $860 000. There are 75 000 shares of stock outstanding, total book value of $750 000 with a

Lyrx [107]

a) Little book LTD earning per share is $1.118 per share.

Explanation:

To calculate earning per share we will use following formula: $\frac{NET INCOME}{WEIGHTED AVERAGE SHARE OUTSTANDING}$

Now to find net income we will take help of asset turnover ratio : $\frac{NET SALES}{TOTAL ASSET}$

NOTE : LET x BE THE NET SALES DURING THE YEAR.

Asset turnover ratio = $\frac{x}{860000}$

1.5 × $860000 = x

x (net sales) = $1290000

Outstanding shares = 75000 shares

So Net Income = $1290000×.065

= $83850

Now Earning per share = $\frac{83850}{75000}$

Earning per share = $1.118

b) Market to Book Ratio will be 1.2 for Little Book LTD.

Explanation:

Market to Book Ratio = $\frac{MARKET CAPITALIZATION}{TOTAL BOOK VALUE}$

Market Capitalization = $ 75000× $ 12

= $900000

So, Market To Book Ratio = $\frac{900000}{750000}$ = 1.2

So , Market To Book Ratio is 1.2 for little book ltd.

5 0

3 years ago

Jessica decides to mix grades of gasoline in her truck. She puts in 7 gallons of regular and 6 gallons of premium for a total co

vazorg [7]

2.14 for regular gas and 2.33 for premium gas

5 0

3 years ago

Read 2 more answers

A typical middle-income household in 1980 earned $34,757. A similar household in 2009 earned $38,550. What was the relative incr

aev [14]

The answer is that 38.5550

4 0

3 years ago

A student desk has an area of 15/16 square meters. The width of the desk is 5/4 meters. What is the length of the desk in meters

olga_2 [115]

For this case, the first thing we are going to do is model the desk as a rectangle.
The area of the rectangle is given by:
A = w * l
Where,
w: width
l: length
Clearing we have:
l = A / w
Substituting values:
l = (15/16) / (5/4)
Rewriting we have:
l = (15/16) * (4/5)
Simplifying we have:
l = (3/4) m
Answer:
The length of the desk in meters is:
l = (3/4) m

7 0

3 years ago

I need help on this. An answer and an explanation would be great!!

charle [14.2K]

Answer:

60 & 55

Step-by-step explanation:

1. the sum of the angles 1; 2 and 3 is 180°, then

m∠1=m∠2=m∠3; ⇒m∠3=60°;

2. m∠3=m∠r; ⇒ m∠r=60°;

3. m∠α= 180-(m∠r+65°)°; ⇒ m∠α=55°

all the details are in the picture.

4 0

3 years ago