If the price of gasoline rises, when is the price elasticity of demand likely to be the most elastic

Cheer, Inc., wishes to expand its facilities. The company currently has 8 million shares outstanding and no debt. The stock sell

Lapatulllka [165]

Answer:

Explanation:

Solution :- (A)

(1) :- Book value per share = Total Assets / Total Number of Shares

Total Assets = ( $42 * 8,000,000 ) + $50,000,000 = $386,000,000

Total No. of Shares = ( $50,000,000 / 34 ) + 800,000 = 9,470,588.24

Book Value per share = $386,000,000 / 9,470,588.24

= $40.76

(2)

New Total Earnings = Current Net Income + Additional Income

= $4,700,000 + 800,000

= $5,500,000

(3)

New EPS = New Earnings / New total number of shares

= $5,500,000 / 9,470,588.24

= $0.581

(4)

New Price of Stock =

Old EPS = 4,700,000 / 8,000,000 = 0.5875

New Price = P/E Ratio * New EPS

= ( 34 / 0.5875 ) * 0.5807

= $33.61

(5) New Market to Book Ratio

= Market price / Book Value

= $33.61 / $40.76

= 0.825 times

(b)

Net Income = EPS old * Total New number of shares

= $0.5875 * 9,470,588

= $5,563,970.45

3 0

3 years ago

Rents of $750.00 per month on each unit of a 4-plex are current. for an october 16th closing, the rent proration on the settleme

Lady bird [3.3K]

Rents of $750.00 per month on each unit of a 4-plex are current. For an October 16th closing, the rent proration on the settlement statement would be $1,548.38 Credit Buyer & Debit Seller.

-Seller must pay buyer for the days the buyer owns the property, Oct 16 - 31, 16 days. $750 x 4 /31 = $96.77 per day x 16 = $1548.38

<h3>What does it mean to prorate your rent?</h3>

The amount a landlord charges is referred to as "prorated rent" and is only applied to the days the unit is occupied when a resident occupies it for a short period of time (a month, week, day, etc.). Given that daily rates are frequently more expensive, it is based on monthly rates instead than daily rates.

You must first determine the daily rent in order to figure out how much prorated rent will be. Divide the overall rent payment by the number of days in a month to arrive at this. Then double the acquired daily rent amount by the number of days you will be occupying the property during that month.

To learn more about rent proration visit:

brainly.com/question/14087263

#SPJ4

5 0

1 year ago

The supply curve for a good will be more elastic if: spending on the good accounts for a large share of a consumer's income. the

Andrei [34K]

The supply curve for a good will be more elastic if "production inputs are readily available at a relatively low cost".

<u>Option: C</u>

<u>Explanation:</u>

The graphical interpretation is applied to understand the concept of supply curve for any good available in market. This is done by correlating the cost of a good or service and the supplied amount during a given period. In such representation the cost is mentioned vertically on the left axis, while the amount supplied is mentioned horizontally.

The coverage of responsiveness with respect to variations in cost of demand or supply products is understood as elasticity. Here when the small variations in cost leads to the large variations in consumed amount of product, thus curve become more elastic. While if a curve is found less elastic, which showcase that their is large variations in the price to impact a change in consumed amount.

5 0

4 years ago

Perdue Company purchased equipment on April 1 for $93,420. The equipment was expected to have a useful life of three years, or 7

k0ka [10]

Answer:

The depreciation cost per year is:

Year 1: $16,800

Year 2: $31,200

Year 3: $27,600

Year 4: $15,120

Explanation:

To calculate the depreciation cost for the equipment based on hours used, we must determine the cost per hour:

cost per hour = (purchase cost - salvage value) / expected useful life

cost per hour = ($93,420 - $2,700) / 7,560 hours = $90,720 / 7,560 hours = $12 per hour

The depreciation cost per year is:

Year 1: 1,400 hours x $12 per hour = $16,800

Year 2: 2,600 hours x $12 per hour = $31,200

Year 3: 2,300 hours x $12 per hour = $27,600

Year 4: 1,260 hours x $12 per hour = $15,120

3 0

4 years ago

Pormula sa pagsukat ng

siniylev [52]

<h2> ☞ANSWER☜ </h2>

<em>Tatlong Pamamaraan ng Pagsukat ng Pambansang Kita o Gross National Income</em>

<em>Pamamaraan Batay sa Gastos (Expenditure Approach) </em>

<em>Pamamaraan Batay sa Gastos (Expenditure Approach) Ang ekonomiya ng bansa ay may apat na sektor ito ay ang sambahayan, pamahalaan, bahay-kalakal, at panlabas na sektor. Ang bawat sektor na ito ay may pinagkakagastusan at ito ay ang Gastusing personal (C), Gastusin ng mga namumuhunan (I), Gastusin ng pamahalaan (G), Gastusin ng panlabas na sektor (X – M), Statistical discrepancy (SD, at Net Factor Income from Abroad (NFIFA). Ginagamit ang : GNI = C + I + G + (X – M) + SD + NFIFA bilang pormula sa pagkuwenta ng Gross National Income.</em>

<em>Pamamaraan Batay sa Kita (Income Approach)</em><em>Ito ay mula sa mga sahod ng mga manggagawa, buwis, kita ng mga korporasyon, at iba pa.</em>

Masusukat ang Gross Domestic Product sa pagsasamasama ng kabuuang halaga ng produksiyon; ang sektor ng industriya, agrikultura, at serbisyo ang pangunahin sa bahaging ito.

6 0

3 years ago