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Masteriza [31]
3 years ago
6

A corporation has $7,000,000 in income after paying preferred dividends of $500,000. The company has 1,000,000 shares of common

stock outstanding. The market price of the stock is $56. What is the price-earnings ratio
Business
1 answer:
Finger [1]3 years ago
8 0

Answer:

Price earning ratio= 8  times

Explanation:

Price earning ratio = Price per share /Earnings per share

Price per share = 56, EPS =?

Price per share =56, EPS = Total earnings available to ordinary shareholders/Number of shares

7,000,000/1,000,000= $7  per share

Price earning ratio = 56/7= 8  times

Price earning ratio= 8  times

                         

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A nurse is teaching a parent about the safety measures to be taken at home. Which statement made by the parent requires further
Vilka [71]

Answer:

Statement 3 - I lock my medications in the store cabinet.

Explanation:

I lock my medications in the store cabinets indicates further teachings

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6 0
4 years ago
Which of the following least likely describes a firm that is experiencing economies of scale?
Dennis_Churaev [7]

Answer:C

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5 0
4 years ago
You are a manager at Lobster Brisk, a seafood restaurant chain similar to Red Lobster. Your supervisor asks you to determine the
laiz [17]

Answer:

$1000000

Explanation:

By substituting for the unknowns in the equation

That is QD=1300000-(100000*19)+(32*50000)

P=$50000

P=$19

6 0
4 years ago
Signal mistakenly produced 1,450 defective cell phones. The phones cost $64 each to produce. A salvage company will buy the defe
posledela

Answer:

Incremental income from reworking the phone   is $49,300

Explanation:

                         Scrap              Rework

Sales                $46,400          $214,600

                        <em>(32 * 1,450)      (148 * 1,450)</em>

<em />

- Rework costs       0                   $118,900

                          <u>                         </u><em><u>(82 * 1,450)</u></em>

Profit                 <u>$46,400            $95,700</u>

Incremental income from reworking the phone  

= $95,700 - $46,400

= $49,300

5 0
4 years ago
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