Answers
Answer:
18.41
Explanation:
Vriend software incorporation has a book value of $12.37
The earnings per share is $1.68
The firm stock trade in the stock market is 2.5 times
The first step is to calculate the price
= 2.5 × book value
= 2.5 × 12.37
= 30.93
Therefore the P/E ratio can be calculated calculated as follows
= price/earnings per share
= 30.93/1.68
= 18.41
Hence the P/E ratio is 18.41
Related Questions
Which of the following are “matched” under the matching concept?
Answers
The matching notion relates to balancing off costs with the income generated by those costs. This is further explained below.
What is the matching concept?Generally, the matching concept is simply defined as Income and expenditures must be recorded in accordance with the matching principle of accounting.
In conclusion, This rule mandates that a company keep track of its outgoings in addition to its incoming income.
CQ
Revenues, expenses, and dividends are closed to retained earnings at the end of an accounting cycle. Which of the following is "matched" under the matching concept?
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Lin Land Ltd. (LLL) is considering investing in an apartment complex. The sale price is $450,000 and LLL expects to have positive after-tax cash flows from rents of $20,000 for the next three years. At the end of the third year, LLL anticipates selling the apartment complex for a net after-tax gain on sale of $500,000. If LLL's required return is 15%, should LLL go ahead and purchase the apartment complex?
Answers
Answer:
no
Explanation:
we need to determine the npv to know if it is suitable
Net present value is the present value of after-tax cash flows from an investment less the amount invested.
NPV can be calculated using a financial calculator
cash flow in year 0 = -450,000
cash flow in year 1 and 2 = 20,000
cash flow in year 3 = 20,000 + 500,000
i = 15%
npv = -75,577.38
Why was Charles I executed in 1649?
Answers
Answer:
A feasibility study is aimed primarily at
1. The amount of money that is invested in a house is called?
Answers
Answer:
REITs allow you to invest in real estate without the physical real estate. Often compared to mutual funds, they're companies that own commercial real estate such as office buildings, retail spaces, apartments and hotels. REITs tend to pay high dividends, which makes them a common investment in retirement.
Explanation:
Hope this helps you sorry if it doesn’t
Which of the following is an example of a direct stakeholder?
A. Activist organizations
B. Banks
C. Community groups
OD. News media
Answer: B.Banks
Answers
Banks is an example of a direct stakeholder amongst the followings.
Option B is correct.
Direct stakeholder:Direct stakeholders may be board members, employees and investors. Secondary or indirect customers, creditors, governments, unions, etc.
How do you identify direct and indirect stakeholders?Direct stakeholders are involved in the day-to-day activities of the project. Employees can be viewed as direct stakeholders as their day-to-day work revolves around company projects. Indirect stakeholders pay more attention to the outcome of the completed project than to the closing process.
Why are employees direct stakeholders?Company employees are key stakeholders in creating the products and services that the company publishes, and the quality of their work directly impacts customer care. Employees benefit financially from the company's continued performance and success.
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Delicious Catering completed the following selected transactions during May 2016: May 1: Prepaid rent for three months, $1,500 May 5: Received and paid electricity bill, $190 May 9: Received cash for meals served to customers, $2,400 May 14: Paid cash for kitchen equipment, $2,500 May 23: Served a banquet on account, $2,000 May 31: Made the adjusting entry for rent (from May 1). May 31: Accrued salary expense, $1,700 May 31: Recorded depreciation for May on kitchen equipment, $340
Answers
Question Completion:
If Delicious Catering had recorded transactions using the Accrual method, how much net income (loss) would they have recorded for the month of May? If there is a loss, enter it with parentheses or a negative sign.
Answer:
Delicious Catering
Using the Accrual method, Delicious Catering would have recorded for the month a net income of $1,670.
Explanation:
Data and Calculations:
Prepaid Rent for 3 months = $1,500
Rent expense for the month = $500 ($1,500/3)
Utilities expense = $190
Service Revenue:
Cash for meals = $2,400
Credit 2,000
Total $4,400
Salary Expense = !,700
Depreciation expense = $340
Kitchen Equipment = $2,500
Income Statement for the month of May:
Service Revenue $4,400
Expenses:
Rent $500
Utilities expense 190
Salary expense 1,700
Depreciation expense 340
Total expenses $2,730
Net Income $1,670
6. Suppose that the consensus forecast of security analysts of your favorite company is that earnings next year will be $5.00 per share. The company plows back 50% of its earnings and if the Chief Financial Officer (CFO) estimates that the company's return on equity (ROE) is 16%. Assuming the plowback ratio and the ROE are expected to remain constant forever: Suppose that you are confident that 10% is the required rate of return on the stock. What does the market price of $50.00 per share imply about the market's estimate of the company's expected return on equity? (please give a number) 1 point
Answers
10.0000%, market price of $50.00 per share imply about the market's estimate of the company's expected return on equity.
The given amount is;
The market price of $50.00 per share.The company's expected return on equity is 10%.ROE x blowback ratio16.0000% x 50.0000%8.0000%Because the needed rate of return to the stock is 10%, the market's assessment of the company's expected return on equity is greater than that derived using the plowback ratio and the ROE.
As a result, the significance of the market price of $50.00 per share imply about the market's estimate of the company's expected return on equity are the aforementioned.
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1.What is Barbara's net monthly income?
2.How much are Barbara’s regular monthly expenses?
3.How much does Barbara have left over after she pays her regular monthly expenses?
4.What are Barbara’s short term goals?
5.What is her long term (longer than 1 year) goal?
6.If the party Barbara is giving will cost $135, how much money will she have left over this month?
7.How much would Barbara have left over this month is she paid her regular expenses, saved for Christmas, and had a party for Sara?
8.How much do you think Barbara would need to put into savings every month to reach her long term goal?
Answers
Answer:
1. 389.60
2. 160 a month
3. 229.60
4. Party clothes, Saving for Christmas, and MP3 Repair
5. College
6. 94.60
Which of the following statements about striving to reduce labor costs per pair produced at each of the company's plants is true?
a. A company cannot achieve labor costs per pair produced that are close to the lowest in the industry (in those geographic regions where it has plants) unless its annual total compensation of plant workers is below the average annual total compensation paid by all companies with plants in these same regions.
b. All companies, regardless of the strategy being employed, should pursue actions to manage employee compensation and labor productivity in a manner that results in labor costs per pair produced that are equal to (or very close to) the industry-low in each region where the company has plants.
c. It is very difficult for a company producing branded footwear with a high S/Q rating to achieve labor costs per pair produced that are below the industry average in each geographic region where the company has plants.
d. A company pursuing a low-cost provider strategy is better able to pursue actions aimed at achieving low labor costs per pair produced in each of its plants (as compared to the labor costs of companies with plants in the same regions) than is a company pursuing a differentiation strategy.
e. It is more cost effective for a company to compensate plant workers at levels that are close to the highest in the industry in each geographic region where it has plants than it is for a company to pursue actions to keep labor costs per pair produced below the industry average in each geographic region where it has plants.
Answers
Answer:
b. All companies, regardless of the strategy being employed, should pursue actions to manage employee compensation and labor productivity in a manner that results in labor costs per pair produced that are equal to (or very close to) the industry-low in each region where the company has plants.
Explanation:
The less labor cost of production per pair could be attained in following two ways
1. The productivity level is icnreased
2. The compensation should be managed and it provides the combination of both fixed and variable. Also it pays the high compensation but at the more productivity rate due to which the labor cost per pair would fall
So as per the given situation, the option b is correct
In _____, products are made according to customer specifications.
Answers
MotoSport is buying an asset that costs $730,000 and can be depreciated at 20 percent per year (Class 8) over its eight-year life. The asset is to be used in a three-year project; at the end of the project, the asset can be sold for $740,200. The company faces a tax rate of 26%. The sale of this asset will close the asset class. what is tax on CCA recapture
Answers
The tax on the CCA recapture is $306,332.
To calculate the tax on the Capital Cost Allowance (CCA) recapture, we need to determine the CCA claimed over the years and calculate the recaptured amount. The recaptured amount is the difference between the proceeds from the sale of the asset and the undepreciated capital cost (UCC) at the time of sale.
Given that the asset costs $730,000 and has a depreciation rate of 20% per year (Class 8) over eight years, we can calculate the CCA claimed each year:
Year 1: $730,000 * 20% = $146,000
Year 2: $730,000 * 20% = $146,000
Year 3: $730,000 * 20% = $146,000
Year 4: $730,000 * 20% = $146,000
Year 5: $730,000 * 20% = $146,000
Year 6: $730,000 * 20% = $146,000
Year 7: $730,000 * 20% = $146,000
Year 8: $730,000 * 20% = $146,000
The total CCA claimed over the eight years is $1,168,000.
At the end of the project, the asset can be sold for $740,200. The UCC at the time of sale is the original cost of the asset minus the CCA claimed:
UCC = $730,000 - $1,168,000 = -$438,000
Since the UCC is negative, there is a recapture of CCA. The recapture amount is the proceeds from the sale minus the UCC:
Recapture Amount = $740,200 - (-$438,000) = $1,178,200
Now, we can calculate the tax on the CCA recapture by multiplying the recapture amount by the tax rate:
Tax on CCA Recapture = $1,178,200 * 26% = $306,332
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In which of these do homeowners own BOTH the home and the
land it sits on?
cooperative
timeshare
condominium
townhouse
Answers
Answer:
time share is the answer or townhous
QUESTION 2 of 10: Three smoothie shops exist in your town with annual sales of $300,000; $344,000; and $412,000. What is the average of their sales?
Answers
Answer:
352,000
Explanation:
add up all the numbers, then you divide by 3
The average of the three smoothie shop sales is $352,000.
What are sales?A sale is a transaction between two or more parties with respect to a particular product or a service. the payment can be done in cash, digital form, or a barter system. sales can be found out with the help of cost price and profit or loss incurred on selling the product or rendering service.
The annual sale of the first smoothie shop is $300,000
The annual sale of the second smoothie shop is $344,000
The annual sale of a third smoothie shop is $412,000
The average sale of smoothie shop = total of sales/ number of shops
= (300,00 + 344,000 + 412,000) / 3
=$352,000
Therefore, the average sales of the three shops are $352,000.
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Are Boolean Operators More Efficient Than Filtering Options?
Answers
Answer:
When you use LinkedIn automation tools with basic filters, it will extract profiles, and you still need to check which ones are relevant to you. With Boolean search operators based on the specific keywords and ‘yes’ ‘no’ ‘or’ options you specify. These operators can get complex, and there are so many ways you can use the combinators to find exactly what you have been looking for.
Answer:
both are efficient but in my opinion filtering is more efficient than boolean one
Explanation:
thank you Mark as brainlist
Do you think GDP is the best indicator to measure the living standard of a country? Justify your answer (4 marks)
Answers
Explanation:
GDP is an indicator of a society's standard of living, but it is only a rough indicator because it does not directly account for leisure, environmental quality, levels of health and education, activities conducted outside the market, changes in inequality of income, increases in variety, increases in technology,
GDP is an accurate indicator of the size of an economy and the GDP growth rate is probably the single best indicator of economic growth, while GDP per capita has a close correlation with the trend in living standards over time.
Caleb overhears his dad on a business call mentioning "the market" several times. When his dad hangs up, Caleb asks him if he is going to the store. Caleb's dad laughs and explains that he was not talking about that kind of market, he was talking about the economic market.
He goes on to explain that the market is:
A. the value of all services sold within a year.
B. the exchange process between buyers and sellers.
C. the voluntary donation of blood to blood banks.
D. the percentage of the labor force that is unemployed and actively seeking work.
Answers
Caleb's dad while talking about the economic market, goes on to explain that the market is where the value of all services sold within a year, where the exchange process takes place between the buyers and sellers.
In an economic market there are two forces, known as supply and demand, which directs the production of goods and services. Markets tends facilitate trade and enable the distribution and allocation of resources in a society.
Economic markets also allow any trade-able item in order to be evaluated and priced. Also, a market sometimes can emerge more or less spontaneously or by deliberate human interaction in order to enable the exchange of rights.
Hence, options A, B, and D are correct.
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When lenders are deciding whether to give someone a loan, they generally require the person applying for the loan to:
A.
pass a written test to show his or her mastery of financial concepts.
B.
prove that he or she makes enough money to pay off the loan.
C.
shut down all other bank accounts at different financial institutions.
D.
show that he or she has a college degree from a major university.
Answers
Answer:
for a fact the answer has to be B.
The checklist while granting loans are credibility, earning history, and ability to repay.
What should be checked before making a loan?Lenders Consider 7 Factors when reviewing your loan application:
Your creditYour earnings and employment historyYour debt-to-income ratioThe value of your collateralThe size of your down paymentYour liquid assetsThe term of your loan.When applying for a loan, one must demonstrate that he or she earns enough money to repay the loan.
Therefore option B aptly describes the checklist while granting loans.
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Which of the following is a term for intangible things such as providing delivery
that are sold by retailers? *
A gifts
B training
C services
D products
Answers
Answer:
c
Explanation:
services are something intangible that you sell
Why might an accountant user not see the Exceptions to closing date report in a Quickbooks online company
Answers
Answer:
The options are
A Closing date has not been set in the company
The Accountant user does not have the required permissions to view the report
The Exceptions to Closing Date report is not available in a Simple Start subscription
The Audit Log is not enabled
The answer is The Accountant user does not have the required permissions to view the report
The Closing date Report in a Quickbooks online company is inevitable and it usually contains all the available transactions present during the time frame of the set closed date. The only way in which it won’t be seen is there is no permission to view the file which contains the report. This makes the Accountant user does not have the required permissions to view the report correct.
The accountant user may not see the exceptions to closing date report as the accountant user might not have the proper access to the accounting data. So, the correct option is D.
The accountant user is a person who is responsible for maintaining the accounting data for the purposes of disclosure at the end of the accounting period.
The closing date to report may not have exceptions as there are compliances that are to be followed during the maintenance of such financial reports in the official records of the company.The accountant user is required to prepare the final accounts of the company as on the closing date of the financial period for complying accounting standards and for public disclosures.In Quickbooks online the accountant user is not given the access to check into the accounting data once it has been prepared and the system of quickbooks online is not compatible with the closing date report.
Hence, the correct option is D that the accountant user is not able to see the exceptions to closing date report in Quickbooks as he or she does not have the access to such accounting information once prepared.
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Nami is very good at research, is skilled at developing instructional materials, and knows about libraries and
information systems. Which career would be best for Nami?
Teaching and Training
Professional Support Services
Administration
Educational Services
Answers
Answer:
B
Explanation:
a unique individual who has the courage to under take the risk associated with creating, organizing and owning business
Answers
Answer:
The description above defines an entrepreneur.
Explanation:
According to traditional economics, there are at least four-factor namely:
LandLabourCapitalEntrepreneurshipMore recent schools of thought have added information and technology that that list.
The entrepreneur still remains a critical part of the list given that it is responsible for putting together the other factors in such a way that value is given and received at the least cost possible.
Cheers
importance of constitutional law to Ghana's development
Answers
The importance of constitutional law to Ghana's development is it establishes the structure, procedures, powers and duties of the government, structure of the judiciary and legislature, and spells out the fundamental rights and duties of citizens.
What is constitutional law?It is body of law based on a ratified constitution or similar formative charter dealing with the fundamental principles by which a government exercises its authority. The the body of rules, doctrines, and practices that govern the operation of political communities is known as constitutional law.
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Tyrell Co. entered into the following transactions involving short-term liabilities in 2012 and 2013:
2012
Apr. 20 Purchased $38,000 of merchandise on credit from Locust, terms are 1/10, n/30. Tyrell uses the perpetual inventory system.
May 19 Replaced the April 20 account payable to Locust with a 90-day, $35,000 note bearing 9% annual interest along with paying $3,000 in cash.
July 8 Borrowed $63,000 cash from National Bank by signing a 120-day, 10% interest-bearing note with a face value of $63,000.
? Paid the amount due on the note to Locust at the maturity date.
? Paid the amount due on the note to National Bank at the maturity date.
Nov. 28 Borrowed $27,000 cash from Fargo Bank by signing a 60-day, 6% interest-bearing note with a face value of $27,000.
Dec. 31 Recorded an adjusting entry for accrued interest on the note to Fargo Bank.
2013
? Paid the amount due on the note to Fargo Bank at the maturity date
Required:
Prepare the journal entries for these transactions.
Answers
ank by signing a 60-day, 6% interest-bearing note with a face value of $27,000.
Dec. 31 Recorded an adjuO
The Perpetual Life Insurance Co. is trying to sell you an investment policy that will pay you and your heirs $18,500 per year forever. a. If the required return on this investment is 5.9 percent, how much will you pay for the policy? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) b. Suppose the company told you the policy costs $460,000. At what interest rate would this be a fair deal? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)
Answers
Answer:
a. $313,559.32
b. 0.0402, or 4.02%
Explanation:
The computation is shown below:
Here we use the following equation
PV = C ÷ r
Present value
= $18,500 ÷ 0.059
= $313,559.32
b. Now the interest rate is
As we know that
PV = C ÷ r
$460,000 = $18,500 ÷ r
r = $18,500 ÷ $460,000
= 0.0402, or 4.02%
We simply applied the above formula so that the correct value could come
And, the same is to be considered
Gomez runs a small pottery firm. He hires one helper at $10,500 per year, pays annual rent of $4,500 for his shop, and spends $19,000 per year on materials. He has $40,000 of his own funds invested in equipment (pottery wheels, kilns, and so forth) that could earn him $5,000 per year if alternatively invested. He has been offered $21,000 per year to work as a potter for a competitor. He estimates he could use his talents to earn an additional $3,000 per year in consulting fees if he were working full time as a potter. Total annual revenue from pottery sales is $71,000.Calculate the accounting profit and the economic profit for Gomez’s pottery firm.1. Accounting Profit = $______2. Economic Profit = $______
Answers
Answer:
Economic profit= $8,000
Accounting profit= $37,000
Explanation:
Giving the following information:
Costs:
Helper= $10,500 per year
Rent= $4,500
Materials= $19,000
Total= 34,000
Pottery Revenue= $71,000
Alternative= 5,000 + 21,000 + 3,000= $29,000
The difference between the economic profit and accounting profit is that the first one includes the opportunity cost of an alternative income.
Economic profit= 71,000 - 34,000 - 29,000= $8,000
Accounting profit= 71,000 - 34,000= $37,000
Step 2. Search to find any summary about the company that mentions funds for starting the business. Try to find any information containing employee data in this section.
Step 3. Find the section where the product or service is detailed. Look to see what kinds of products or services will be involved with the business. Compare this with what other similar business plans are offering.
Record the information you found for steps 2 and 3. Make sure you discuss how the company got money to start the business, employee data, and what products or services the company provides in comparison with what other similar business plans are offering.
Answers
We can see here that such company gotten after searching for company that mentions funds for starting the business is Go-o-gle.
Funds for starting the business: $1 million in funding from Andy Bechtolsheim.
Employee data: over 160,000 employees worldwide.
What is a company?A company is a legal and organizational entity formed by individuals or a group of individuals with the purpose of conducting business activities. It is an association of individuals who come together to engage in commercial, industrial, or professional activities in order to generate revenue and make a profit.
Their products are digital and online services.
Comparing this company, we see Microsoft.
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Questions for Critical Thinking
1. Do you think Quirky’s basic business model is sound and fair? If you could suggest any changes, what would they be?
2. To what degree does Quirky’s business reflect the attributes of a sound business idea as described in Chapter 2?
3. In what other product areas would Quirky’s business model work the best?
4. Think of the challenges in your own life that might represent a product idea for Quirky. If you don’t think of something right away, don’t give up. All of us encounter problems and challenges in our everyday lives that might represent the basis of a promising idea. Be prepared to describe to others one of the challenges or problems you encounter and how a solution to the problem could be fashioned into a product idea to submit to Quirky.
Answers
Critical thinking questions1. Do you think Quirky’s basic business model is sound and fair? If you could suggest any changes, what would they be? Quirky’s basic business model is sound and fair because they involve the public in developing products by taking ideas from people and turning them into products, splitting the profits from the product sales with the inventor, and also collaborating with the inventor from the start of the idea to its final product.
However, there are a few changes I would suggest. First, the public could have more control over which product idea is to be developed into a product. Second, the company could offer more compensation to the inventor, especially if the product becomes a commercial success.2.
To what degree does Quirky’s business reflect the attributes of a sound business idea as described in Chapter 2?Quirky’s business idea reflects the attributes of a sound business as described in Chapter 2 of the text, including the following attributes:
Quirky is innovative in its business model, as it involves the public in developing products.Quirky has a good system of assessing the market’s demand for each product idea.
Quirky has a flexible business model, as it is able to adapt to changes in the market.3. In what other product areas would Quirky’s business model work the best?
Quirky’s business model could work well in a number of other product areas, including Home improvement and do-it-yourself (DIY) products;
Fashion and clothing; Outdoor gear and accessories; Personal care and hygiene; Consumer electronics.4. Think of the challenges in your own life that might represent a product idea for Quirky. If you don’t think of something right away, don’t give up.
All of us encounter problems and challenges in our everyday lives that might represent the basis of a promising idea. Be prepared to describe to others one of the challenges or problems you encounter and how a solution to the problem could be fashioned into a product idea to submit to Quirky.
One of the challenges I have encountered is the issue of losing small items such as keys, earrings, and others. A solution to this challenge could be fashioned into a product idea by developing a small, inexpensive device that could be attached to small items.
The device would emit a signal that would be detected by an app on the user’s phone if the item were lost. This could be developed into a product idea and submitted to Quirky for further development.
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Consider a competitive market for a consumer product. Suppose this product goes out of fashion with consumers. How will this sudden drop in popularity affect the profit of an individual firm in this market in the long run?
A The profnt of an individual firm increases from a smaller positive value to a larger positive value in the long run.
B. The profht of an individual firm increases from zero to a positive value in the long run.
C. The profit of an individual firm decreases from zero, and the firm will incur a loss in the long run.
D. The profit of an individual firm stays at zero in the long run.
Answers
Answer:
The profit of an individual firm stays at zero in the long run.
If a product goes out of fashion in a competitive market, the result would be that D. The profit of an individual firm stays at zero in the long run.
A competitive market is characterized by:
No barriers to entry which means sellers can come in and leave at will Prices are the same for all sellersIf a product went out of fashion, companies would start making losses and less people would be buying the product. This would lead to some suppliers leaving the market till only a few are left.
This will lead to the price rising. If profits become more than zero, companies will come back into the market to make that profit. The increased supply would reduce the price again. The profit will then go to zero. This will keep happening thereby leaving the profit at zero in the long run.
We can therefore conclude that when a product goes out of fashion, profits will be zero for an individual firm in the long run.
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1. Which class of medications does the Centers for Medicare and Medicaid Services limit the PRN use to 14 days?
Anticholinergics
Antipsychotic medications
Antiarrhythmics
Beta-blockers
Answers
The Centers for Medicare and Medicaid Services limit PRN use to 14 days for Antipsychotic medications.
PRN prescription and administration are generally used for psychotropic and psycholeptics medications, including antipsychotics, neuroleptics, anxiolytics, sedatives, and hypnotics.
PRN antipsychotic orders are restrained to 14 days simplest. PRN antipsychotic orders might not be extended past the 14-day restriction. documents the scientific purpose for the brand new order, which ought to consist of how the resident benefits from the medication as a result of the PRN order.
The PRN prescription stands for 'pro re nata,' which means that the management of medication is not scheduled. as a substitute, the prescription is taken as wished.
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Hormel offers its food distributors a discount of 15 percent for payment within 10 days on orders of all Jiffy brand products. Hormel is giving its customers a
Answers
Hormel is giving its customers a cash discount.
What is cash discount?Cash discount is the discount a seller give to a buyer by reducing the amount the buyer was supposed to pay because the buyer make his payment earlier.
Based on the given scenario Hormel offers is offering its food distributors a discount of 15 percent if the distributor paid within the stipulated time or period of 10 days.
Inconclusion Hormel is giving its customers a cash discount.
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