<span>A petition that, if signed by a majority of the members of the House of Representatives, will pry a bill from committee and bring it to the floor for consideration.
A discharge petition!</span>
500 <<<<<<<<<<<<<<<<<<<<<<<<<<
<u>Answer:</u>
- BEP = EBIT / Total Assets
BEP = $2,451 / $43,000 = 0.057
-
Profit Margin = Net Profit / Sales
Profit Margin = $990 / $51,600 = 0.0192
-
Operating Margin = Operating Profit / Sales
Operating Margin = $2,451 / $51,600 = 0.0475
-
Dividends per share = Dividend paid to Shareholders / Number of shares outstanding
Dividends per share = $346.67 / $500 = 0.69334
-
EPS = Net Income available to Shareholders / Number of shares outstanding
EPS = $990 / $500 = $1.98
- P/E ratio = Market price per share / EPS
P/E ratio = $23.7 / 1.98 = 11.97
-
Book value per share = Shareholders Equity / Shares outstanding
Book value per share = $15,265 / $500 = $30.53
-
Market-to-book ratio = Market Value per share / Book value per share
Market-to-book ratio = $23.7 / S30.53 = 0.7763
-
Equity Multiplier = Total Assets / Shareholders Equity
Equity Multiplier = $43,000 / $15,265 = 2.82
Answer:
Option (B) is correct.
Explanation:
Interest accrued for 6 months (January 1 to July 1):
= $1,000 × 6% × (6 ÷ 12)
= $30
This shall be credited to interest revenue as this is the income of the investor.
Sale value of investment:
= Bond selling price on July 1 + Interest accrued for 6 months
= $1,200 + $30
= $1,230
Gain on sale of investment:
= (Selling price - Purchase price) - Accrued interest
= ($1,230 - $1,000) - $30
= $200
Therefore, the Journal entry for this transaction is as follows:
Cash A/c Dr. $1,230
To debt investments $1,000
To Gain on sale of investment $200
To Interest revenue $30
(To record the cash proceeds at the time the bond is sold)
