Who going to let me hold a iphone charger ? my iphone about to die

Dove, Inc., had additions to retained earnings for the year just ended of $630,000. The firm paid out $105,000 in cash dividends

Andreas93 [3]

Answer:

(A) Earnings per share = $1.19 per share, Dividends per share = $0.17 per share, and book value per share is $11.69 per share

(B) Market-to-book ratio = 2.52 times, and the price-earnings ratio is 24.79 times

(C) Price-sales ratio is 1.73 times

Explanation:

(A) Earning per share = (Net income) ÷ (Number of shares)

where,

Net income = Retained earnings + dividend paid

= $630,000 + $105,000

= $735,000

And, the number of shares are 620,000 shares

Now put these values to the above formula

So, the value would equal to

= ($735,000) ÷ (620,000 shares)

= $1.19 per share

Dividend per share = (Total dividend) ÷ (number of shares)

= ($105,000) ÷ (620,000 shares)

= $0.17 per share

Book value per share = (Total equity) ÷ (number of shares)

= $7,250,000 ÷ (620,000 shares)

= $11.69 per share

(B) Market to book ratio = (Market price per share) ÷ (book value per share)

= $29.50 ÷ $11.69

= 2.52 times

Price-earnings ratio = (Market price per share) ÷ (Earning per share)

= $29.50 ÷ $1.19

= 24.79 times

(C) Price sales ratio = (Market price per share) ÷ (Total sales per share)

where,

Total sales per share = (total sales) ÷ (Number of shares)

= (10,550,000) ÷ (620,000 shares)

= $17.01 per share

So, the price sales ratio = $29.50 ÷ $17.01

= 1.73 times

6 0

3 years ago

Fixing your sink is an example of a nonmarket transaction.

svetoff [14.1K]

True it is a non market transaction

6 0

4 years ago

Read 2 more answers

Your aunt is thinking about opening a hardware store. She estimates that it would cost $500,000 per year to rent the location an

Triss [41]

Answer:The answer is 1 B, 2.the giving up of her $50,000 per year job as an accountant, 3.True

Explanation:

The opportunity cost can be define as a sacrifice whether on the side of an individual, a firm or government. The opportunity cost is the forgone alternatives in order to acquire a product or a services. To an individual, who aims at maximizing his utility from his limited available resources he will have to allocate these limited resources to those wants that are most important. Opportunity cost help an individual to make a judicious use of his scarce resources. .The opportunity cost is also important to a firm because the firm has to choose to allocate its limited available raw materials in the production of a particular product with high demand at the expense of other products with low demand in order to maximize profit.

The opportunity cost to the government is in the preparation of the budget, the government can decide to allocate the available resources to the sector of the economy which is of high priority such as education at the expense of other sectors of the economy.

7 0

3 years ago

When the demand for skilled labor increases, _____________________.

makvit [3.9K]

The correct option is A). the demand curve would shift to the right.

<h3>What happens when the demand for skilled labor increases?</h3>

When the demand for skilled labor get increases, the demand curve would shift to the right.

As the demand for the goods and services increases, the demand for the skilled labor will also increase, which will cause the demand curve shift to the right.

If the demand for the goods and services decreases, the demand for labor will decrease too, and demand curve will shift to the left.

Learn more about demand for skilled labor here:-

brainly.com/question/17323942

#SPJ1

4 0

2 years ago

During the month of June, Carney & Whitley Inc. had cost of goods manufactured of $123,200, direct materials cost of $57,200

Elodia [21]

Answer:

b) $ 7.700

Explanation:

The total inputs during the month were:

Direct materials $ 57,200

Direct Labor $ 40,700

Manufacturing Overhead <u>$ 28,600</u>

Total input for June $ 126,500

of which WIP Closing June 30 $( 11,000)

Cost of Goods manufactured ----------------

from June input $ 115,500 (1)

Since the total Cost of Goods

manufactured is $ 123,200 (2)

so the opening Work in

process is (2)-(1) $ 7,700

7 0

4 years ago