The set of all possible sample points [experimental outcomes] is called the sample space.
The answer & explanation for this question is given in the attachment below.
Answer:
It is 15.68 times
Explanation:
Price-Earnings Ratio = Market Price per share (MPS)/Earning per share (EPS).
Where EPS = $231,971 /55,100
= $4.21
Hence, Price-Earnings Ratio = 66/4.21
=15.68 times
P/E ratio shows the expectations of the market and is the price you pay per unit of current earnings.
The ratio is as well being used for valuing companies and to find out whether they are overvalued or undervalued most especially by the investors.
Answer:
Sell 33 contracts
Explanation:
According to the scenario, computation of the given data are as follows:
Price of yellow corn = 95% of red corn
Bushels grows = 156,750
So, yellow corn bushels = 156,750 × (1 ÷ 95%)
= 165,000
So, number of contracts sell = 165,000 ÷ 5,000
= 33 contracts.
Hence, the farmer Brown should sell 33 contracts to hedge his position.
Answer:
Correct option is (d)
Explanation:
Owners contribute to capital in cash or kind in exchange for shares. Sometimes, owners contribute land or building to the organization in exchange for shares. Here, Jose Garcia contributes land worth $10,000 in exchange for 200 shares at $10 per share. Value of shares is $2,000 (200×10)
Journal entry to record the same:
Particulars Debit Credit
Land $10,000
Common stock $2,000
Paid in capital in excess $8,000
of par value
(To record land received in exchange
for shares)
Paid in capital in excess of par value of shares is credited which is $8,000 ($10,000 - $2,000).
