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3 years ago

Would it be more profitable to own 200 shares of Penny's pickles or 1 share of Exxon ?

Business

2 answers:

ZanzabumX [31]3 years ago

7 0

1 share of exxon, pennys pickles isnt exactly the most booming market right now

Phantasy [73]3 years ago

7 0

<em>Mark Me Brainliest !</em>

Answer :

Exxon

Explanation :

It Would Most Definitely want Exxon. with 200 shares of Penny's Pickles You Only have 2%. Exxon You'd Have Around 3.5 %

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A portfolio is composed of two stocks, A and B. Stock A has a standard deviation of return of 17%, while stock B has a standard

Goryan [66]

Answer:

.793

Explanation:

Formula

.032=.7^2*.17^2+.3^2*.23^2+2(.7)(.3)(.17)(.23)p

.032=.0142+.0048+.0164p

.032-.0142-.0048=.0164p

.0164p=.013

p=.013/.0164

p=.793

3 0

3 years ago

Maple Industries has 7 percent bonds outstanding that mature in thirteen years. The bonds pay interest semiannually and have a f

levacccp [35]

Answer:

A. 6.75%

Explanation:

In this question, we use the Rate formula which is shown in the spreadsheet.

The NPER represents the time period.

Given that,

Present value = $1,021.16

Future value or Face value = $1,000

PMT = 1,000 × 7% ÷ 2 = $35

NPER = 13 years × 2 = 26 years

The formula is shown below:

= Rate(NPER,PMT,-PV,FV,type)

The present value come in negative

So, after solving this, the pretax cost of debt is 6.75% (3.38% × 2)

5 0

3 years ago

Hungry lunch has net income of $73,402, a price-earnings ratio of 13.7, and earnings per share of $.43. How many shares of stock

kati45 [8]

Answer: The number of shares outstanding is approximately 170702.32 shares.

We have :

EPS $0.43

Net Income $73,402

The formula for computing EPS is

$EPS = \frac{Net Income}{Number of shares outstanding}$

Substituting the values from the question in the formula above we get,

$Number of shares outstanding = \frac{73402}{0.43}$

$Number of shares outstanding = 170702.3256$

7 0

3 years ago

Read 2 more answers

Company Pea owns 90 percent of Company Essone which in turn owns 80 percent of Company Esstwo. Company Esstwo owns 100 percent o

ankoles [38]

Answer:

Company Pea

Consolidated financial statements should be prepared to report the financial status and results of operations for:

Essone - 90%

Esstwo = 72% (90% x 80%)

Essthree = 72% (90% x 80% x 100%)

Explanation:

Company Pea is described as the holding or parent company of Company Essone. This means that Essone is Company Pea's subsidiary. In preparing consolidated financial statements to report the financial status and results of operations for Company Essone, Company Pea will consolidate 100% of Company Essone while accounting for noncontrolling interest of 10% (effectively 90%).

When Company Essone is consolidating its financial statements, it should consolidate 80% of Company Esstwo while Esstwo consolidates 100% of Company Essthree.

But since Essthree is also a subsidiary of Company Pea, Company Pea will consolidate Esstwo and Essthree's financials to the tune of 72% respectively, while consolidating 90% of Essone's.

8 0

3 years ago

David’s friend, Keanu, has hired a financial planner for advice on retirement. Considering Keanu’s current expenses and expected

tatiyna

Answer:

28.85

Explanation

Keanu has decided to save a fixed amount of 70,000 for a given period. We would need to calculate the number of years to achieve 7,796,223 using the FVIFA formula (Future value interest for an annuity)

Fixed payment× FVIFA=Future value

<em>FVIFA</em> = $\frac{(1+r)^{n} - 1}{r}$

where r is the periodic rate (9%)

and n is the number of periods

therefore; 70000× $\frac{(1+0.09)^{n} - 1}{0.09}$ =7796223

${(1+0.09)^{n} }$ =(7796223×0.09)/70000

n=27.85

However, since Keanu will not invest until the end of the first year, he will spend 28.85 years to achieve his goal

7 0

3 years ago