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3 years ago

Write 2mm in meter using decimals

Mathematics

1 answer:

Vitek1552 [10]3 years ago

6 0

0.002 meters or 2 times 10^-3

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Little Book LTD has total assets of $860 000. There are 75 000 shares of stock outstanding, total book value of $750 000 with a

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a) Little book LTD earning per share is $1.118 per share.

Explanation:

To calculate earning per share we will use following formula: $\frac{NET INCOME}{WEIGHTED AVERAGE SHARE OUTSTANDING}$

Now to find net income we will take help of asset turnover ratio : $\frac{NET SALES}{TOTAL ASSET}$

NOTE : LET x BE THE NET SALES DURING THE YEAR.

Asset turnover ratio = $\frac{x}{860000}$

1.5 × $860000 = x

x (net sales) = $1290000

Outstanding shares = 75000 shares

So Net Income = $1290000×.065

= $83850

Now Earning per share = $\frac{83850}{75000}$

Earning per share = $1.118

b) Market to Book Ratio will be 1.2 for Little Book LTD.

Explanation:

Market to Book Ratio = $\frac{MARKET CAPITALIZATION}{TOTAL BOOK VALUE}$

Market Capitalization = $ 75000× $ 12

= $900000

So, Market To Book Ratio = $\frac{900000}{750000}$ = 1.2

So , Market To Book Ratio is 1.2 for little book ltd.

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3 years ago

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aivan3 [116]

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Answer:

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Step-by-step explanation:

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We have that

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the answer is the option B

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4 years ago

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Answer:

-7 and -5

Step-by-step explanation:

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Write 2mm in meter using decimals​

Write 2mm in meter using decimals