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Maslowich
1 year ago
12

Tina's Track Supply's market-to-book ratio is currently 4.5 times and PE ratio is 10.5 times. If Tina's Track Supply's common st

ock is currently selling at $100 per share, what is the book value per share and earnings per share? Multiple Choice $450, $1,050, respectively $1,050, $450, respectively $22.2222, $9.5238, respectively $9.5238, $22.2222, respectively
Business
1 answer:
otez555 [7]1 year ago
5 0

Answer:

$22.2222, $9.5238, respectively

Explanation:

The market-to-book ratio is given by a share's market value divided by its book value, if shares are selling for $100 on the market, the book value is:

B = \frac{\$100}{4.5}=\$22.2222

The price to earnings ratio (PE ratio) is determined as a share's price divided by the earnings per share. Earnings per share are:

E=\frac{\$100}{10.5}\\E=\$9.5238

The book value per share and earnings per share are $22.2222, $9.5238, respectively

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Michelle has the following monthly expenses 490 dollars in rent $300 in groceries $90 in movies $69 in clothes $130 cellphone $9
Westkost [7]

Michelle doesn't have to see $90 worth a movie a month, and she could mostly cut that one out, if not completely. She could also see if she is able to lower her internet and/or television bill by downgrading plans.

5 0
1 year ago
Genovese Contracting, Inc., agrees to build a warehouse for Hawthorne Wholesale Distributors. When Genovese runs into the types
Andrej [43]

Answer:

4: not enforce it.​

Explanation:

It may be stated that the court does not exercise this additional agreement in this particular case based on the information provided in the question. This is due to the fact that it is not directly clear for payment. Because they make extra payments for the Genovey contract, they try to overcome the odds, and if these limitations are beyond their control they cannot do so.

8 0
2 years ago
Fujitsu Siemens Computers is a legally independent company of which Fujitsu and Siemens each own 50 percent. This collaboration
Ierofanga [76]

Answer: Fujitsu Siemens Computers is a legally independent company of which Fujitsu and Siemens each own 50 percent. This collaboration is an example of a(n) JOINT VENTURE, which is effective at transferring KEY KNOWLEDGE.

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The companies involved in a joint venture come together to share key ideas used to improve each other and also funding.

7 0
1 year ago
Acme LLC has already paid $10,000,000 in Research & Development costs. Unfortunately, times have changed. Since they started
nika2105 [10]

Answer:

he best course of action for Acme to take would be to produce the 1,000,000 products as the accountants have stated

Explanation:

Based on the information provided, the best course of action for Acme to take would be to produce the 1,000,000 products as the accountants have stated. From solely taking into account the fixed costs of producing the products, if the company were to produce the desired amount and sell them they would recover a total of 8,000,000 from the costs that they have incurred in Research & Development. This is not taking into account the variable costs that may be incurred, still, they recover much of what they have already spent.

8 0
2 years ago
Essex Industries is considering the acquisition of Twinsburg Company in a stock-for-stock exchange. The following financial data
Ksju [112]

Answer:

The correct option is A,$8.10

Explanation:

The post merger earnings per share of the combined business is the post merger earnings divided by the post merger weighted average number of shares .

Post merger earnings is $43,740,000

Post merger number of shares is combination of Essex shares before merger plus the equivalent shares given to Twinsburg shareholders in the new company.

Essex  shares                          5,000,000

Twinsburg(0.4/1*1,000,000)      400,000

Total post merger shares       5,400,000

Earnings per share post merger= $43,740,000/5,400,000=$8.10

The correct option is A.

8 0
1 year ago
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