Which will you likely have to provide on college applications?

Healthy Foods has a book value per share of $32.68, earnings per share of $3.09, and a price-earnings ratio of 16.8. What is the

hammer [34]

The market-to-book ratio is 1.59%

<h3>How does market to book ratio work?</h3>

A financial valuation statistic called the Market to Book Ratio, commonly known as the Price to Book Ratio, is used to assess how a company's current market value compares to its book value. The current stock price of all outstanding shares represents the market value (i.e. the price that the market believes the company is worth).

<h3>How do you interpret a high market to book ratio?</h3>

A high book-to-market ratio could indicate that the stock of the company is being valued by the market below its book value. The price-to-book ratio, which is only the opposite of the book-to-market ratio formula, is well-known to investors.

learn more about market-to-book ratio here <u>brainly.com/question/14616549</u>

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8 0

1 year ago

Which of the following perspectives is least useful for evaluating solutions?

Mariana [72]

Where is the list of perspectives to choose from?

4 0

3 years ago

Read 2 more answers

Brad always buys and uses Nike brand golf balls. If he finds a Titleist or Callaway ball in the rough, he gives it away. Brand l

Vikentia [17]

Answer:

B. reduced the price elasticity of demand for its products

Explanation:

3 0

2 years ago

In the context of performance appraisal dimensions and standards, the goal of meeting product specification standards is an exam

Vadim26 [7]

Answer:

Output measure:

Explanation:

Output measure:

it is structured report on business output that describe about the goal achievement, illustrating the point that is beneficial for the project etc.

it consist of all details about any task, like quantity of material produce, how much of it delivered to the next level. it doesn't mentioned the internal factor like quality of work that would impact the stakeholder.

4 0

3 years ago

Pitney Co. purchased an office building, land, and furniture for $639,300 cash. The appraised value of the assets was as follows

serg [7]

Solution :

a).<u> Amount to be recorded on the books for each of the assets.</u>

Working Allocated cost($)

Land (639,300 / 716,016 )x 136,043 121467

Building (639,300 / 716,016 )x 179,004 159825

Furniture (639,300 / 716,016 )x 400,969 358008

Total 639,300

b). <u>Statement model</u>

Assets : Cash + Land + Building + Furniture

639,300 + 121,467 + 159825 + 358008

Cash flow = 639,300

c). <u>Journal entry</u>

General journal Debit($) Credit($)

Land 121,467

Building 159,825

Furniture 358,008

Cash 639,300

5 0

2 years ago