A company has net income of $45,000, total assets of $525,000, total liabilities of $285,000, and a price-book ratio of 2.5. The company has 50,000 shares outstanding. Calculate the firm's price-earnings ratio.
Q: What was the total assets on AWQ's balance sheet at end of the year?
A: Explanation of Common Stock:Common stock represents ownership in a company and is issued to raise…
Q: Hii expert please provide correct answer general account
A: To calculate the equity income (or loss) recognized by Anderson Company, we use the equity method,…
Q: Norris company's 2013 income statement is ?
A: To calculate net income, we use the formula: Net Income = Revenues - Expenses Step-by-step Analysis…
Q: What is the return on assets? General accounting
A: Step 1: Define Return on AssetsReturn on assets is expressed in percentage. It gives an idea of how…
Q: What is the value of ending inventory using the variable costing method?
A: To calculate the value of ending inventory using the variable costing method, we only include…
Q: The standard materials cost to produce solve this accounting questions
A: Step 1: Definition of Total Direct Materials Cost VarianceTotal direct materials cost variance…
Q: Star manufacturing has the following solve this accounting questions
A: Step 1: Definition of Unit Cost for Inventory Valuation under Variable CostingUnit Cost under…
Q: Please see attachment for details
A: Explanation of Beginning Inventory: Beginning inventory represents the number of units on hand at…
Q: Sagehen Enterprises reports pretax financial income of $80,000 for 2012. The following cause taxable…
A: Step 1: Understand the ProblemPretax Financial Income: $80,000 (financial reporting income before…
Q: What is the net income of this accounting question?
A: To calculate the net income, we use the profit margin formula: Net Income = Sales × Profit Margin…
Q: Financial Accounting Question please answer
A: Step 1: Define Sustainable Growth Rate (SGR)The sustainable growth rate indicates the maximum growth…
Q: I need this question general Accounting
A: Step 1: Definition of CAPMCapital Asset Pricing Model (CAPM) calculates required return for an…
Q: I need this question answer general Accounting
A: To determine the unit cost below which Power Serve Company should not bid for the government…
Q: General accounting
A: Step 1: Define Difference between Actual and Budgeted CostThe total difference between a company's…
Q: The wilson electronic produce solution general accounting question
A: Step 1: Definition of Contribution MarginThe contribution margin per unit is the difference between…
Q: General accounting
A: To determine the appropriate adjusting entry, we calculate the wages earned by the employees for the…
Q: What was oaks edge sales price variance?
A: Step 1: Define Standard CostingStandard costing is a method of costing by comparing actual cost with…
Q: Answer? ? Financial accounting
A: Step 1: Define Net IncomeNet income is defined as the total earnings generated by a business after…
Q: Please given answer general Accounting
A: To determine how much money to deposit today to have $125,000 in five years at an annual interest…
Q: What is the accounts receivable balance?
A: Step 1: Define Total AssetsTotal assets on the balance sheet are comprised of current assets,…
Q: General accounting
A: Step 1: Determine the liabilities at the beginning of the year using the formulaStep 2: Calculate…
Q: Data is below
A: Explanation of Direct Labor Efficiency Variance:Direct Labor Efficiency Variance measures how…
Q: Accounting question
A: Step 1: Define Commercial PaperWithin a business, commercial papers refer to short-term debt…
Q: Do fast answer of this accounting questions
A: Step 1: Definition of Average Rate of Return (ARR)The Average Rate of Return (ARR) measures the…
Q: Hi expert please give me answer general accounting question
A: Step 1: Define MarkupThe markup indicates the difference between the selling price and the item's…
Q: A business has $210,000 total liabilities. At start-up, the owners invested $500,000 in the…
A: Explanation of the Accounting Equation:The accounting equation is the foundation of double-entry…
Q: If 11 more dinners were sold?
A: Explanation of Variable Cost Per Unit:Variable cost per unit is the total of all costs that change…
Q: I want to correct answer general accounting
A: Step 1: Definition of Net IncomeNet Income is the total amount of profit calculated by subtracting…
Q: Don't use ai please given answer accounting questions
A: Step 1: Definition of Interest CalculationInterest: The total interest on a note is calculated using…
Q: What is price printing company's return on assets?
A: Calculation:ROA= Net Income / Total AssetsROA = $1,000,000 / $8,000,000 ROA = 0.125ROA converting…
Q: Don't use ai given answer accounting questions
A: Step 1: Understand the CostsThe company incurs three types of costs:Materials Cost: The raw…
Q: Shuck inc bases it's manufacturing solve this question general Accounting
A: Step 1: Define Manufacturing Overhead CostManufacturing overhead cost are the indirect cost apart…
Q: Provide correct answer general accounting
A: Step 1: Define Direct MaterialDirect material cost refers to the raw material expenses which have…
Q: Questions:- On March 1, 2019, Alpha Company's beginning work-in-process inventory had 8,000 units.…
A: Explanation: In the given case, we are required to calculate the equivalent units of production for…
Q: Please provide this question solution general accounting
A: The gain or loss on sale is calculated as follows: Gain (loss) on sale = Sale value - Book value…
Q: Hello tutor please given correct answer general Accounting
A: Step 1: Define Mark UpMark up is adding a percentage of profit margin on the total cost of…
Q: Your hotel served 32,500 guests with a $31,000 labor cost (the highest) in June and 20,000 guests…
A: The High-Low method helps estimate the variable cost per unit and fixed costs in a mixed cost…
Q: Don't use ai given answer accounting questions
A: Step 1: Definition of Indirect Method for Cash Flow from OperationsThe indirect method calculates…
Q: Provide answer general Accounting
A: To calculate the material price variance, we use the following formula: Material Price Variance =…
Q: Ruan Shipping Co. follows the practice of pricing its inventory at the lower-of-cost-or-market, on…
A: For each item, we need to compare the Cost and Market Value (lower of Cost to and Est.) to determine…
Q: General accounting
A: Step 1: Introduction to ratio analysisRatio analysis is a method used to analyze financial…
Q: Answer
A: Calculation of Standard CostA Connector requires 3 hours of Direct Labor.Budgeted Labor Hours for 1…
Q: Do fast answer of this question solution general accounting
A: Step 1: Definition of Accounts Receivable Turnover RatioThe Accounts Receivable Turnover Ratio…
Q: What's the difference
A: To calculate the difference in net income between absorption costing and variable costing, we need…
Q: Please provide correct answer general Accounting
A: Step 1: Define Profit MarginProfit Margin is the percentage of profit over the net sales. These is…
Q: solve this question Financial accounting
A: Step 1: Define Payback AnalysisThe payback period for a project represents the time period in which…
Q: I want to correct answer general accounting
A: Step 1: Definition of Weeks of SupplyWeeks of Supply: This metric measures how many weeks a…
Q: Provide correct answer do fast general Accounting
A: Step 1: Calculate the current stock priceStep 2: Adjust the stock price for flotation costsStep 3:…
Q: What is maple grove trading's gross profit of this accounting question?
A: Step 1: Define Gross ProfitGross profit is the excess of net sales over the cost of goods sold…
Q: I won't to this question answer general Accounting
A: The return on assets (ROA) is calculated using the formula: ROA = (Net Income / Average Total…
Do fast answer of this general accounting question
Step by step
Solved in 2 steps
- Renew Company has an earnings per share (EPS) of $3.50, a value per share of $35, and a market value of $36. Calculate the price/earnings (P/E) ratio.Sanedrin Company has an earnings per share (EPS) of $4.50, a value per share of $45 and a market value of $38. Calculate the price/earnings ratio (P/E).Assume that a firm has sales of $11,700,000, total assets of $4,500,000 total common equity of $2,000,000 and an ROE of 37.4985 percent. Using DuPont equation, determine the profit margin for this firm.
- What is the price sales ratio?Accounting. What is the firm's price earning ratio?You find the following financial information about a company: net working capital = $1,071; fixed assets $7,297; total assets = $11,686; and long-term debt = $4,381. What is the company's total equity? Multiple Choice $3,987 $8,539 $4,389 $6,457 $9,387
- A company had a market price of $27.50 per share, earnings per share of $1.25, and dividends per share of $0.40. Its price-earnings ratio equals: 22.0. 93.8. 32.0. 3.3. 3.1.Dellf’s has a profit margin of 3.8 percent on sales of $287,200. The firm currently has 5,000 shares of stock outstanding at a market price of $7.11 per share. What is the price-earnings ratio? Can you provide the formula?A firm has the following accounts; sales = $1,190,000, cost of goods sold = $876,000, depreciation expense = $130,000, addition to retained earnings = $43,000. The firm's dividends per share = $1.05, tax rate = 21%, and number of shares outstanding = 19,000. What is the firm's times interest earned ratio? O 1.76 1.52 11.41 O 1.42
- Please helpLassiter Industries has annual sales of $220,000 with 12,000 shares of stock outstanding. The firm has a profit margin of 6 percent and a price-sales ratio of 1.20. What is the firm's price-earnings ratio? e B omFirm M has a margin of 12%, turnover of 1.5, sales of $870,000, and average stockholders' equity of $360,000. Calculate Firm M’s average total assets, net income, return on investment (ROI), and return on equity (ROE).