Answer:
The book value per share and earnings per share is $2.1809 and $1.025 respectively.
Explanation:
For computing the book value per share, we have to used the market to book ratio formula which is shown below:
Market to book ratio = Market price per share ÷ book value per share
9.4 times = $20.50 ÷ book value per share
So, book value per share = $20.50 ÷ 9.4 times
= $2.1809
Now, the earning per share is calculated by using a PE ratio which is displayed below:
PE ratio = Share price ÷ Earning per share
20 times = $20.50 ÷ Earning per share
So, earning per share = $20.50 ÷ 20 times
= $1.025
Hence, the book value per share and earnings per share is $2.1809 and $1.025 respectively.
Answer:
$267,000
Explanation:
Total manufacturing cost refers to the sum of all expenses incurred by a firm in the production process in a period. Total manufacturing cost is compared with total revenue to determine profitability. The calculation of total manufacturing involves additional direct materials, direct labor, and overhead costs.
Therefore, total manufacturing cost = Direct materials +Direct labor + overhead costs.
For crane company:
$390,000= $59,000 + $ 64,000 + direct labor
= $390,000= $123,000 + direct labor
=Direct labor =$390,000-$123,000
=$267,000
Answer:
a) Zero
Explanation:
As we know that
beta = Covariance (Stock return , Market return) ÷ market return variance
Now in the case when the covariance of return that lies between the stock and the market equivalent to zero so the beta of the stock would be zero
As if you divide by zero so the result would be zero
Therefore as per the given option, the option A is correct
<span>A nominal interest rate means very low interest rates therefore we can use money for long duration by paying very low interest rate. We can hold this money for land duration. We also invest this money in other investment plan that gives better returns. This nominal interest rate is very helpful for running any business.</span>
Answer:
A. How do you think electronic reports will change your job?
Explanation:
One of the most important aspects when transitioning from a paper-based method, to an electronic method of writing reports, is to find out how the workers who are in charge of writing the reports feel.
This is simply because those same workers are likely to be the ones who will actually carry out the transition, changing their daily tasks from writing the reports on paper, to writing them by electronic means.