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Licemer1 [7]
3 years ago
14

Sally is looking to invest in Agricon Products when its P/E ratio is lower than 15. Each share is currently projected to earn $1

.30 this year. Which
of the stock prices listed below would give the P/E ratio she is looking for?
1. $18 a share
II. $19 a share
III. $20 a share
Select the best answer from the choices provided.
А.
I only
В.
III only
Ос.
I and II only
OD. III, and III
Business
1 answer:
snow_lady [41]3 years ago
4 0

Answer:

C

Explanation:

P/E ratio is a method of valuing a company. It is derived by dividing price of the stock by earnings

1. $18/1.3 = 13.8

2. 19/1.3 = 14.6

3. 20 / 1.3 = 15.4

The first and second stock have a P/E ratio is lower than 15.

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almond37 [142]

Answer:

answer is b

Explanation:

8 0
3 years ago
On December 1, 2021, the company received $9,000 in cash from another company that is renting office space in Falwell’s building
MrMuchimi

Answer:

From all indications,the two rents received have been posted wrongly, I want to believe that you are required to post the adjusting entries,hence my answer below:

The first $9000 was posted to deferred revenue,whereas only two months should have been

First rent:

DR Deferred revenue $3000

CR Revenue                 $3000

Second Rent

DR Revenue                  $6000

CR Deferred revenue    $6000

Explanation:

The first $9000 was posted to deferred revenue,whereas only two months should have been deferred and December rent recognized as rent.

As far as the second rent is concerned only one month has been earned,as a result the revenue should be credited with just $3000  for December.

This then mean that revenue from the second property has been overstated in December by $6000,this necessitated by adjustment above.

8 0
3 years ago
Not all doctors are rolling in money. By the time they finished their education, most would- be doctors are buried under a mount
natta225 [31]

Answer/Explanation:

In the statement given the problem is specified as the discouragement for med students to take lower paying but needed jobs because of the high student debt. This issue has been analyzed from several sectors of society and even by professionals in other areas that experience similar situations.

Some of the solutions proposed for this problem are to make higher education free of cost or partially subsided by the government (like it is in other countries).

Other Sources mention collages should have lower fees. However, there are further implications in this subject that need to be considered.

8 0
3 years ago
A house is constructed in a neighborhood that is substantially larger than the existing houses. Based on the value principle of
Levart [38]

Answer: (2) Conformity

Explanation:

The conformity is one of the principle value and it basically refers to the behavior, attitude and the beliefs for the social and the political group.

The term conformity is basically used to describe the person behavior and also beliefs so that the person are able to fit in the specific groups.

It is the process of matching the norms that are implicit and shared by the individual groups for the interaction and this principle value are adversely affected.  

Therefore, Option (2) is correct.

7 0
3 years ago
Imagine you are the executive of a marketing company. Beginning this year, the company will begin conducting an in-house course
blagie [28]

Answer:

1. I think the course should be offered to all people  in retail.2.viruses and  websites you shouldn't be on.3.viruses and malware.4.communication.5.groups so that they can work on their communication skills.6.malware viruses and protection sweeps

Explanation:

6 0
3 years ago
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