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2 years ago

A firm has a P/E ratio of 12 and a ROE of 13% and a market to book value of what?

Business

1 answer:

maxonik [38]2 years ago

6 0

Answer:

1.56

Explanation:

Calculation for the market-to-book value

First step is to calculate for the P/E ratio

P/E ratio=1/12

P/E ratio= 0.0833

Now let find the market-to-book value using this formula

Market-to-book value = ROE percentage/P/E ratio

Let plug in the formula

Market-to-book value=0.13/0.0833

Market-to-book value= 1.56

Therefore the Market-to-book value will be 1.56

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Thompson Aeronautics repairs aircraft engines. The company’s Purchasing Department supports its two departments, Defense and Com

Rudik [331]

Answer:

a. cost charge to each division using number of purchase orders as basis of allocation

total cost = $7.7million

Total number of orders

Defense division = 9,200

Commercial division = 36,800

46,000

cost per order = $7,700,000/ 46,000

= $167.74

Defense division = $167.74*9,200 = $1,540,000

Commercial division = $167.74 * 36,800 = $6,160,000

b. Cost charge to each division using dollar amount of purchases as basis of allocation

Total amount of purchase by the departments

Defense division = $148,000,000

Commercial division= 222,000,000

370,000,000

cost per division :

Defense division = $148,000,000 * $7,700,000

$370,000,000

= $3,080,000

Commercial division = $222,000,000 * $7,700,000

$370,000,000

= $4,620,000

c. The method used in determining the price by each division does not have any impact in the selection of basis of allocating cost to each division.

Explanation:

8 0

2 years ago

The marginal utility of the last unit of apples consumed is 12 and the marginal utility of the last unit of bananas consumed is

allsm [11]

Complete question:

The marginal utility of the last unit of apples consumed is 12 and the marginal utility of the last unit of bananas consumed is 8. What set of prices for apples and bananas, respectively, would be consistent with consumer equilibrium

a. $8 and $12

b. $6 and $4

c. $16 and $9

d. $4 and $6

Answer:

$6 and $4 set of prices for apples and bananas, respectively, would be consistent with consumer equilibrium.

Explanation:

Given,

The marginal utility of the last unit of apples consumed = 12

The marginal utility of the last unit of bananas consumed = 8

Now ,

To find :

The market level for apples and bananas, respectively, will be compatible with the consumer's equilibrium:

= $\frac{12}{3}$ = $6

= $\frac{8}{2}$ = $4

$6 and $4 set of prices for apples and bananas, respectively, would be consistent with consumer equilibrium.

6 0

2 years ago

As a result of the organizing campaign at Champlain Products, the union obtained signed authorization cards from 41% of the empl

xz_007 [3.2K]

Answer:

Please see explanation below.

Explanation:

The next step is to conduct a secret ballot election which will be supervised by National Labor Relations Board (NLRB) as might be required by the employer-Champlain products inorder to obtain voluntary support from the employees that the union wants to represent. The reason being that the management might decided not to recognize the card checks practise on the basis that a union without a secret ballot election is not reliable hence employees that signed the card might have been intimidated or coerced by the union to do so.

Where the management refuses to recognize the card check that was signed by at least 41% of the employees it wants to represent, management would then request for secret ballot election where employees would be able to vote confidentially without coercion or undue influence from the union or co-workers.

5 0

2 years ago

John bought a waterfront lot with a setback requirement of 50 feet from the street. the lot is only 100 feet deep and drops off

LenKa [72]

He would apply for a variance. This would allow John to deviate from the current zoning laws as set by the location that he is living in. This variance would give John the ability to build his home to the dimensions required by the land, as well as still being able to meet the specifications he is wanting.

3 0

2 years ago

How much cash MUST a buyer furnish in addition to a $2,500 deposit if the lending institution grants a 90% loan on an $80,000 pr

Lostsunrise [7]

Answer:

$5,500

Explanation:

The computation of the cash required is shown below:

= Loan amount on property × remaining percentage - additional deposit

= $80,000 × 10% - $2,500

= $8,000 - $2,500

= $5,500

The remaining percentage would be

= Percentage - given percentage

= 100% - 90%

= 10%

The difference which comes is the cash requirement after considering the loan amount and the additional deposit

3 0

2 years ago