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Umnica [9.8K]
2 years ago
6

1. Jupiter Explorers has $9,000 in sales. The profit margin is 5 percent. There are 6,300 shares of stock outstanding, with a pr

ice of $1.80 per share. What is the company's price–earnings ratio?
Business
1 answer:
zubka84 [21]2 years ago
3 0

Answer:

25.21

Explanation:

The Price Earnings Ratio explains the correlation between a company’s stock price and earnings per share (EPS).

Calculating the price earning ratio is by the formula below.

PE = share price/ earning per share.

For Jupiter, the share price is $1.80 per

The EPS is as net income/outstanding shares

net income is the profits = 5 % of 9,000

net income = 5/100 x $9000

=0.05 x $9000

=$450

EPS =450/6300

EPS= 0.071

The Price Earnings Ratio= $1.80/0.0714

=25.21

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Answer:

Explanation Below.

Explanation:

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Land does not depreciate in accounting terms, however, it will depend on the market value of the land. In most cases the land will appreciate and have a greater value each year.

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Journal entries

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8 0
3 years ago
assume peru had an adult population of about 25 million, a labor-force participation rate of 60 percent and an unemployment rate
nikdorinn [45]

Answer: 15 million people were employed.

Explanation:

Hi, to answer this question we have to multiply the adult population (25,000,000) by the labor-force participation percentage in decimal form (divided by 100).

Mathematically speaking:

25,000,000 x (60/100) = 25,000,000 x 0.6 = 15,000,000 people

15 million people were employed.  

Feel free to ask for more if needed or if you did not understand something.

6 0
2 years ago
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ycow [4]
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Answer:

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