Answer: Option A
Explanation: Operating income refers to the income that the company earns from performing its core operations. It is also denoted as EBIT. Thus, the difference between operating income and income after tax is the tax that has been deducted from the operating income.
While calculating accounting profit, opportunity cost is not deducted from the revenue hence before tax and after tax depicts the investments that were made to earn that profit.
Answer and Explanation:
The computation is shown below:
a. Current PE ratio is
For Pacific energy company
= Price ÷ Earnings
= ($967,000 ÷ 0.13) ÷ ($967,000)
= 7.69 times
For U.S Bluechips
= Price ÷ Earnings
= ($967,000 ÷ 0.13) ÷ ($967,000)
= 7.69 times
b. The new PE ratio is
= Price ÷ Earnings
= (($967,000 + $117,000) ÷ 0.13) ÷ ($967,000)
= 8.62 times
c. The new PE ratio is
= Price ÷ Earnings
= (($967,000 + $217,000) ÷ 0.13) ÷ ($967,000)
= 9.42 times
Answer:
taxing those with higher incomes results in less work effort.
Explanation:
In normative ethics, utilitarian ethics (utilitarianism) can be defined as a theory of morality or ethical theory that typically involves engaging in actions that facilitate pleasure, joy or happiness while completely opposing any action capable of causing harm and unhappiness.
Basically, utilitarian ethics considers an action to be right or morally correct if it produces genuine happiness or joy in the mind of a large number of people in an organization, group or society.
The three (3) main principles (axioms) of utilitarian ethics (utilitarianism) include the following;
I. The only thing with an intrinsic value is pleasure or happiness.
II. If an action promotes happiness or pleasure, then it is right; it is wrong if it causes harm or unhappiness (sadness).
III. The happiness of everyone in a group or society should count equally.
One of the problems associated with the utilitarianism is that it does not recognize that taxing those with higher incomes results in less work effort.
Answer:
158,500
Explanation:
Preparation of the third - quarter production budget for skis .
BLACK DIAMOND COMPANY Production Budget (in units)Third Quarter
Budgeted ending inventory (skis) 4,500
Add budgeted sale 160,000
Required units of available production 164,500
(4500+160,000)
Deduct beginning inventory (skis) (6,000)
Units to be manufactured 158,500
(164,500-6,000)
Therefore the third - quarter production budget for skis is 158,500
You are really keen on stocks. However, you do not like stocks with regard to <u>claims on </u><u>assets</u>.
<h3>What is Bankruptcy?</h3>
- A person or business may file for bankruptcy if they are unable to pay their debts or other commitments.
- A petition is filed, either on behalf of the debtor, which is more often, or on behalf of creditors, which is less frequent, to start the bankruptcy process.
- All of the debtor's assets have been measured and assessed, and some or all of the debt may be repaid with the help of the assets.
- Although declaring bankruptcy can provide you a fresh start, it will remain on your credit reports for a while and make it more challenging for you to obtain money in the future.
<h3>What are Stocks?</h3>
- A stock, usually referred to as equity, is a type of investment that denotes ownership in a portion of the issuing company.
- Shares, also known as units of stock, entitle its owners to a share of the company's assets and income in proportion to the number of shares they possess.
- Most individual investors' portfolios are built on stocks, which are mostly bought and sold on stock exchanges.
- Government standards designed to shield investors from dishonest tactics must be followed during stock trades.
<h3>What is Investment?</h3>
- A purchase made with the intention of creating income or capital growth is known as an investment.
- An asset's value increasing over time is referred to as appreciation. When a person invests in a good, they do not intend to utilize it as a source of immediate consumption, but rather as a tool for future wealth creation.
- An investment always entails the expenditure of some capital—time, effort, money, or an asset—today with the expectation of a future return higher than the initial investment.
Know more about Bankruptcy brainly.com/question/27385142?referrer=searchResults
#SPJ4
