Answer:
34
Explanation:
Price/Earning ratio (PE) = Price per Share ÷ Earnings per share
where,
Earnings per share = Net Income ÷ Number of Common Stock Outstanding
= (0.9 x $75 million x 0.06) ÷ 2.5 million shares
= 1.62
therefore,
Price/Earning ratio (PE) = $55 ÷ $1.62 = 33.95 or 34
<span>Under GAAP, cash receipts from interest and dividends are classified as operating activities. Operating activities are the main business activities for the company. The operating activities for the company are manufacturing, distributing, marketing and selling the product or service to consumers. </span>
A loan is usually gotten from a financial institution to solve a financial emergency which was unplanned for.
<h3>What is a Loan?</h3>
This refers to the obtaining of money from a financial institution and a formal agreement is made for the repayment of the money after a given period of time and with interest.
With this in mind, we can see that loan proceeds can be used to:
- Buy a house
- Go on a trip, etc
Please note that your question is incomplete so I gave you a general overview to help you get better understanding of the concept.
Read more about loans ere:
brainly.com/question/25239160
Answer:
C) The second approach, because it takes into account the relative costs for each country.
Explanation:
Living in poor developing nations is much cheaper than living in very rich developed nations, at least for the vast majority of the population. For example, a small house in Japan or Switzerland costs several hundreds of thousands of dollars, while a similar house in Pakistan or Paraguay will cost only a few teds of thousands of dollars.
The purchasing power parity tries to account for these differences in living expenses using the US dollar as the base currency, and in this case the Ghanaian oedi's value will be adjusted (receive higher value) to compensate for the lower cost of living in Ghana.
