Kate has already taken 24 quizzes during this past quarter of school and she expects to have one quiz during each week of this c
2 answers:
You might be interested in
Answer:
1. Adjust the compass opening to the width of RS
2. Draw point P anywhere
3. Place the compass point on point P and draw an arc.
4. Label any point on the arc as point Q
5. Use a straightedge to connect points P and Q
Step-by-step explanation:
I did the test. This was the right answer.
a) Little book LTD earning per share is $1.118 per share.
Explanation:
To calculate earning per share we will use following formula:
Now to find net income we will take help of asset turnover ratio :
NOTE : LET x BE THE NET SALES DURING THE YEAR.
Asset turnover ratio =
1.5 × $860000 = x
x (net sales) = $1290000
Outstanding shares = 75000 shares
So Net Income = $1290000×.065
= $83850
Now Earning per share =
Earning per share = $1.118
b) Market to Book Ratio will be 1.2 for Little Book LTD.
Explanation:
Market to Book Ratio =
Market Capitalization = $ 75000× $ 12
= $900000
So, Market To Book Ratio = = 1.2
So , Market To Book Ratio is 1.2 for little book ltd.