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A corporation has $7,000,000 in income after paying preferred dividends of $500,000. The company has 1,000,000 shares of common

Finger [1]

Answer:

Price earning ratio= 8 times

Explanation:

Price earning ratio = Price per share /Earnings per share

Price per share = 56, EPS =?

Price per share =56, EPS = Total earnings available to ordinary shareholders/Number of shares

7,000,000/1,000,000= $7 per share

Price earning ratio = 56/7= 8 times

Price earning ratio= 8 times

8 0

2 years ago

Steven watched the island get bigger as they approached. Now he could see buildings and roads. He saw that they were approaching

SVETLANKA909090 [29]

The answer would be a

7 0

2 years ago

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Which of the following is an example of irregular income? a) A full-time job b) A part-time job c) A graduation gift d) Both b a

alexandr402 [8]

Which of the following is an example of irregular income?
A. A full-time job
B. A part-time job
C. A graduation gift
D. Both b and c

The answer is C

8 0

2 years ago

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Quickbrush Paint Company is developing a linear program to determine the optimal quantities of ingredient A and ingredient B to

Sonbull [250]

Answer:

A. 0.9x + 0.3y ≤ 10,000

Explanation:

Given

$x \to$ oil based plant

$y \to$ water based plant

The data can be represented in tabular form as:

$\begin{array}{ccc}{} & {A} & {B} & {x} & {90\%} & {10\%} & {y} & {30\%} & {70\%} & {} & {10000} & {5000}\ \end{array}$

Considering only A, we have the following constraints:

$A \to 90\% * x + 30\% * y$

$A \to 0.9x + 0.3y$

Since the company currently has 10000 of A.

The above constraint implies that, the mixture cannot exceed 10000.

So, we have:

$A \to 0.9x + 0.3y \le 10000$

<em>Hence, (A) is correct</em>

4 0

2 years ago

Demand for a product is 500 units per month. The company incurs a fixed order placement, transportation, and receiving cost of 4

9966 [12]

Answer:

Economic Order Quantity is the level of inventory that minimizes the total inventory holding costs and ordering costs. It is one of the oldest classical production scheduling models. Economic order quantity refers to that number (quantity) ordered in a single purchase so that the accumulated costs of ordering and carrying costs are at the minimum level. In other words, the quantity that is ordered at one time should be so, which will minimize the total of. Cost of placing orders and receiving the goods, and Cost of storing the goods as well as interest on the capital invested.

economic order quantity (EOQ)

3 0

2 years ago