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miskamm [114]
2 years ago
8

In November 2009, Perrigo Co. (PRGO) had a share price of $39.20. They had 191.33 million shares outstanding, a market-to-book r

atio of 3.76. In addition, PRGO had $845.01 million in outstanding debt, $163.82 million in net income, and cash of $257.09 million. Perrigo's earnings per share (EPS) is closest to: Group of answer choices $0.86 $1.79 $2.81 $3.76
Business
1 answer:
lubasha [3.4K]2 years ago
7 0

Answer:

$0.86

Explanation:

Earnings per Share = Earnings attributable to holders of Common Stock ÷ Weighted Number of Common Stocks Outstanding.

where,

Earnings attributable to holders of Common Stock = $163.82 million

and,

Weighted Number of Common Stocks Outstanding = 191.33 million

Therefore

Earnings Per Share = $163.82 million ÷ 191.33 million

                                = $0.86

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g "At the end of the current year, the owners' equity in Barclay Bakery is $260,000. During the year, the assets of the business
rewona [7]

Answer:

$205,000

Explanation:

Let us assume Owners' equity at the beginning be X

So, the Increase in Owners' equity is $260,000 - X

As we know that

Accounting equation is

Total assets = Total liabilities + total stockholder equity

So,

Total Increase in Assets = Total Increase in Liabilities + Increase in Owners' equity

$134,000 = $79,000 + $260,000 - X

$134,000 = $339,000 - X

So, the X =

= $339,000 - $134,000

= $205,000

5 0
3 years ago
When you encounter an organization where employees are quite intense, focused, and determined to win, you have encountered an or
vlada-n [284]

Answer: When you encounter an organization where employees are quite intense, focused, and determined to win, you have encountered an organization with a(n) <u>Mercenary</u> culture.

<u>Explanation:</u>

Mercenary is one who always works for money not for achieving any organizational goal. Mercenary culture is one in which employees have the same thinking. Employees are not friends with each other. It is the culture in which everyone thinks of his benefit. People are more determined to win even if they have to sacrifice their ethics.

So this type of culture is not very successful in the long run. Because everybody works for his or her advantage. For an organization to be successful everyone has to work together keeping in mind the benefit of other employees also.

5 0
3 years ago
Which of the following statements about taxes is FALSE?
yKpoI14uk [10]
 i think B hope i could help!!
5 0
3 years ago
Read 2 more answers
What is a​ firm's gross​ profit? A. the difference between sales revenues and cash expenditures associated with those sales B. t
miv72 [106K]

Answer:

B. The difference between sales revenues and the costs associated with those sales

Explanation:

The amount of profit made by the company after deducting the total costs which have been incurred in the making and the selling of the product is said to be gross profit. The gross profit is calculated by subtracting the amount of revenue and the cost of the goods sold. Fixed cost is not included in the gross profit. It includes only variable costs.

7 0
3 years ago
Suppose that real domestic output in an economy is 20 units, the quantity of inputs is 10, and the price of each input is $4. An
weqwewe [10]

Answer:

A. supply curve shifts to the left

Explanation:

An increase in the prices of inputs from $4 to $6 shows economic problems that include a reduction in capital stock, labor, and an increased unemployment rate. This can also give room for inflation.

This increase shows that due to shortage in labor supply, it now costs more to produce a product.

Due to all the above mentioned reasons, the supply curve of both long run and short run supply curves shifts left.

Cheers.

7 0
3 years ago
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