Answer:
a. Current ratio = Total current assets / Total current liabilities = $366 / $226 = 1.62 to 1
b. Average receivable = (Beginning receivables + Ending receivables) / 2 = ($156 + $160) / 2 = $158
Average collection period = Number of days in year / Credit sales * Average accounts receivable = 365 / $1,702 * $158 = 33.88 days
c. Average Stockholder's equity = (Beginning equity + Ending equity) / 2 = ($500 + $550) / 2 = $525
Return on stockholder's equity = Net income / Average stockholder's equity = $112 / $525 = 21.33%
d. Earnings per share = Net income / Common shares outstanding = $112 / 46 = $2.43 per share
Price earnings ratio = Market price per share / Earnings per share = $50 / $2.43 = 20.58 times
e. Dividends per share = Dividends / Common shares outstanding = $92 / 46 = $2.00 per share
Dividend yield ratio = Dividend per share / Market price per share = $2.00 / $50 = 4.00%
Workings
Beginning retained earnings $346
Add: Net income $112
Less: Ending retained earnings -<u>$366</u>
Dividends <u>$92</u>
An organization looking for general agreement on ethical practices might:<u> establish an ethical code of conduct.</u>
<h3>What is
establish an ethical code of conduct?</h3>
Ethical code of conduct can be defined as a set of guidelines, policy, rules and regulation that a person is expected to follow and abide by in an organization.
This code of conduct enables us to know the organization norms and values as well what is right and what is wrong which in turn means that it enables us to know the right things to do and thing to to avoid.
The code of conduct encourage ethical act which is to be honest and to have integrity among others and as well discourage unethical behavior in an organization which is why most organization has ethical code of conduct that enables their employee or workers to known the ethical ways they should behave.
Therefore an organization looking for general agreement on ethical practices might:<u> establish an ethical code of conduct.</u>
Learn more about establish an ethical code of conduct here:brainly.com/question/28465686
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Answer:
A.) - 2.6
B.) 0.4
Explanation:
Ticket price = $3
Winning price = $200
Probability of winning(Pwin) = (1/500)
Probability of not winning (Ploss) = [ 1 - (1/500)] = 499/500
Net income if Raul wins (Nwin) = $200 - $3 = $197(no refund)
Net loss if Raul does not win(Nloss) = - $3
A.) Expected value is calculated by;
(Pwin × Nwin) + (Ploss × Nloss)
((1/500) × 197) + ((499/500) × - 3)
0.394 - 2.994 = - 2.6
B.) Fair Value is calculated by;
Cost of ticket + Expected value
3 - 2.6 = 0.4
Answer:
21.11176754
Explanation:
storate cost: 0.30
as the storage is continusly we use continuos interest rate:
0.30 / 4 = 0.075 per quarter
this is paid in advance so we calculate the present values of this payment

PV = 0.295552053
Now we solve for the future value of silver using also a continuos rate

(20 + 0.295552053)e^0.04 = 21.11176754
Answer:
PV $61,399.0165
Explanation:
First, we solve for the present value of the annuity:
3rd year > Annuity Start 25th year end
<-----/----/----/----/----/----/----/----/----/......----/----/----/----/----/---->
^ Present day
C 6,800.00
time 22 years (25 - 3)
rate 0.07
PV $75,216.4354
Now, as this is 3 years from now so we make an additional discount from this lump sum:
Maturity $75,216.4354
time 3.00
rate 0.07000
PV 61,399.0165
that would be the value of the annuity today.