Answer:
The estimate value of share of PepsiCo stock is $96.152
Explanation:
Given,
Stock Price of Coca- Cola (MPS which is Market Price per share) is $41.42
EPS (Earnings Per Share) is $1.74
Putting the values in the P/E ratio, for computing the P/E ratio as:
P/E ratio = MPS / EPS
= $41.42 / $1.74
= 23.80
Jones Soda P/E ratio is 33.9
PepsiCo stock EPS is $4.04
Computing the estimate value of share of PepsiCo stock is as:
Value of share pepsico stock = EPS × P/ E ratio
= $4.04 × 23.80
= $96.152
Answer:
the number of units to be produced is 214,800 units
Explanation:
The computation of the number of units to be produced is given below;
= Budgeted units sales + required ending inventory - opening inventory
= 204,000 units + (240,000 units × 30%) - 61,200 units
= 204,000 units + 72,000 units - 61,200 units
= 214,800 units
Hence, the number of units to be produced is 214,800 units
We simply applied the above formula so that the correct units could come
The answer is C) Both A and B
When a town issues bonds, it is issuing an IOU with interest, usually to help fund projects (such as roads or bridges) or to provide a public service.
Keep in mind that the town is saving money for residents only if it is the residents of the town who purchase the bonds. These bonds enable the residents to earn a return on their savings, since they are entitled to be paid back by the town with interest at a predetermined date.
Answer:
$2,630
Explanation:
First we calculate the estimated amount that would not be collected. This is 1% of Credit Sales.
148,000 x 1% = $1,480
Then we add the estimated amount with the amount written off as receivables uncollected for the Year 2. As shown below:
1,480 + 1,150 = $2,630
Hence, the amount of uncollectible accounts expense recognized in the Year 2 income statement will be $2,630.
