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:
A. AA-rated revenue bond that is escrowed to maturity
Explanation:
As first option is the bond that the issuer of bond called back prior to the matured. It occurs when there is a fall in the rate of interest
The second option is backup by a pledge that involves full trust and contains the secure option that enables an individual free from the federal income tax
The third option are issued by the authorities that are local and governed by the U.S government so it become secure that enables an individual free from the federal income tax
The fourth option is the mix of revenue bonds and the obligation bonds hat involves full trust and contains the secure option that enables an individual free from the federal income tax
Answer:
Option C. Demographics
Explanation:
Demographics are a population section of a particular target market depending upon specific demographic information which differentiates this section from other section population. These demographics mostly includes location, family status, occupation, education level, etc.
Answer:
Owner's capital account is increased by $2,235,000.
Explanation:
At the end of the period the closing entries are made to close the temporary accounts of Revenue and expenses and transfer the balance to retained earning or owners capital account.
Net income for the year = Total revenue - Total Expenses
Net income for the year = $12,840,000 - 9,975,000
Net income for the year = $2,865,000
Changes in owner's capital account during the period = net income / loss - drawings during the period
Changes in owner's capital account during the period = $2,865,000 - $630,000
Changes in owner's capital account during the period = $2,235,000
Answer:
a. CD Players is a Dog product because it has low market share, low growth rate and low sales
b. Smartphones is a Star Product because it has high market share, high growth rate, high sales and highly attractive to market.
c. Laptops is a Cash cow because it has high market share, low growth rate, high sales and lower attractive to market.
d. Activity Wristbands is a Question mark because it has low market share, medium growth rate, medium sales and medium to higher attractive to market.
Explanation:
Following data is missing in the question
Product Market Share Growth Rate Sales Attractiveness
Laptop 1.4 5% 30% Low
CD Player 0.8 8% 18% Low
Wristband 0.7 15% 22% Medium to High
Smartphone 1.4 18% 30% High
