Answer:
$22.2222, $9.5238, respectively
Explanation:
The market-to-book ratio is given by a share's market value divided by its book value, if shares are selling for $100 on the market, the book value is:
The price to earnings ratio (PE ratio) is determined as a share's price divided by the earnings per share. Earnings per share are:
The book value per share and earnings per share are $22.2222, $9.5238, respectively
Answer: c. A nonagency relationship with everyone in the office.
Explanation:
For an agency relationship to exist in the eyes of the law, there must be a contract with a written designated agency relationship between the client and Meramac Realty.
With no such contract in existence, the law recognizes no agency relationship between Meramac and any of its affiliates with the client. There is therefore a non-agency relationship with everyone in Meramac.
B. They'll know exactly what you want.
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Answer: Option C
Explanation: In a monopolistic competition market structure, there are many producers selling their products and each product is not a perfect substitute of the other.
The number of producers are large but each operate at a relatively smaller level. The products offered in the market are similar but not identical.
Hence, from the above explanation we can conclude that option C is correct.
