Answer:
a. 16.52
Explanation:
The P/E ration is the ratio of an entity's share price to the earnings per share. It is a measure used to measure the accuracy of the valuation of one company's share with another.
Given;
Share price = $38
Earnings per share = $2.30
P/E ratio = share price/earnings per share
= $38/$2.30
= 16.52
Option a.
The answer is A. 0. 6% of $42,000 is $2520. You only have $567 in medical expenses. You're expense has to be more than $2520 before you can deduct it.
When it is predicting that a company will go bankrupt in the coming two years then one will ask "How the company reach at this position?".
Given that a company will go bankrupt in the upcoming two years,
We are required to predict the question one person will ask when the news of bankruptcy come in the market.
Bankruptcy is a situation when the company is not able to pay off its debts even after selling off its assets.
When the news of bankruptcy spread in the market there are many questions which will come in the mind of a person about the reason of bankruptcy of the company.
Question 1: Why the company will go towards bankruptcy?
Question 2: How the company will reach at this position?
Hence when it is predicting that a company will go bankrupt in the coming two years then one will ask "How the company reach at this position?".
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Answer:
The correct option is Debit Notes Receivable $100,000; credit Accounts Receivable $100,000
Explanation:
The journal entry to record when the notes receivable was signed to credit accounts receivable with the original value of the debt and debit same amount to notes receivable as is the case with the first option.
The interest due on the notes of $2,000 ($100,000*12%*2/12) would be recognized when the notes receivable become due for payment not immediately
Answer: the correct answer is b. $ 3,883.27
Explanation: the formula of compound interest is Cn = C1 (1 + i) elevated to "n" where Cn is capital plus accumulated interest, C1 is the original capital, i is the interest rate, and n is the number of years. So the calculation is:
Cn = $100 * ( 1 + 0.05) elevated to 75
Cn = $100 * 38.8326
Cn = $3,883.27