Answer:
6.0
Explanation:
Market to book ratio is calculated as ; Market capitalization / Net book value.
Where,
Market capitalization = Price per share × Total shares outstanding
= $24 × 25,000,000 shares
= $600,000,000
Then,
Net book value = Total assets - Total liabilities
= $200,000,000 - $100,000,000
= $100,000,000
Therefore,
Market to book ratio = $600,000,000 / $100,000,000
= 6.0
Answer:
Hii I am also studding business studies and would surely love to help you if you can send your business studies book name so that i can help you more easily.
Explanation:
thankxx
Answer:
See explanation below
Explanation:
The following will be selected in excel via the drop-down menus.
Dr; Account name = Bad debt expense/Dad debt written off $ 1200
Cr; Account name = Accounts Receivable $ 1200
The company uses the direct write-off method thus these will be the journal entries.
Answer:
3X + 5Y = 100
Explanation:
Given that a consumer has $ 100 to spend on two goods X and Y with prices $ 3 and $ 5 respectively, the equation that represents this distribution is the following:
3X + 5Y = 100
Thus, the consumer may consume different combinations of products, as long as the sum of both amounts is $100 as a final result. For instance:
3x20 + 5X8 = 100
60 + 40 = 100
3x5 + 5x17 = 100
15 + 85 = 100
Answer:
Thank the representative and accept the offer to cover expenses of your participation.
Explanation:
The response that would be most effective for helping you to make an ethical decision is to thank the representative and accept the offer to cover expenses of your participation.
For being invited to participate on an expert panel that will be held at an upcoming professional conference is such a great privilege and opportunity, thus, you should first express your gratitude for the honor and accept the offer covering your expenses.
Having your expenses covered, would make you channel all your time and energy into preparing, researching and organized for the event.