Analysts are projecting that CB Railways will have earnings per share of $3.90. If the average industry ratio is about 25, what is the current price of CB Railways?
Q: What is the law of Supply? How do we use in practical real world examples?
A: The law of supply is a fundamental principle in economics that states that, assuming all else being…
Q: Question: Account X Corporation has two divisions-South and North. The divisions have the following…
A: To determine the effect of eliminating the North Division on X Corporation's overall net operating…
Q: Accurate answer want
A: To calculate Field Corp.'s income tax payable for the current year, we need to determine the taxable…
Q: Need Solution with correct option of Accounting method
A: Step 1: Detailed Explanation of Net IncomeIn accounting and finance, the net income refers to the…
Q: Hello tutor answer me
A: Step 1: Understand the QuestionWe are given:Selling Price: $12.00Selling Expenses: $2.40Normal…
Q: Which condition triggers special revenue accounting
A: Explanation of Bill-and-Hold Arrangements: Bill-and-hold arrangements are special sales agreements…
Q: hsd
A: Here are the journal entries:January 1, 2028: Bond IssueDebit: Cash $615,294Credit: Bonds Payable…
Q: Hull Company acquires લંડ for $86,000 cash. Please answer the accounting question
A: To calculate the acquisition cost of the land, include all expenditures necessary to prepare the…
Q: Please give me answer accounting
A: Step 1: Define DuPont Analysis for Return on InvestmentThe return investment is one of the financial…
Q: Hello tutor provide solution this accounting question
A: Step 1:Under weighted average method of equivalent units calculation , opening inventory completion…
Q: calculate variable costing
A: Step 1: Calculate the Contribution Margin per unitUnder variable costing, the unit product cost…
Q: Carver Lumber sells lumber and general building supplies to building contractors in a medium-sized…
A: Step 1:The net income for December is calculated as follows:…
Q: I don't need ai answer
A: We have given, Net income (2013) : $300,000Percentage of increase : 24.5% We know formula of %…
Q: I need this general accounting question answers
A: Step 1: Define Average Collection PeriodThe time period that a company takes to convert its credit…
Q: On September 30, 2015, Priscilla purchased a business. Of the purchase price, $178,000 is allocated…
A: Step 1: Understand § 197 Amortization§ 197 intangible assets include patents, goodwill, trademarks,…
Q: ??
A: Explanation of Involuntary ConversionInvoluntary conversion occurs when a fixed asset is…
Q: GENERAL ACCOUNTING 5.2 Question
A: Option a: This option is correct because the composite measurement system in accounting provides a…
Q: Financial accounting
A: Step 1: Define Earnings Per ShareEarnings per share are the per-share amount of earnings available…
Q: Rst company uses a process cost system. Solve this question general accounting question
A: Step 1: Define Equivalent production unit:A manufacturer's activity on output values that are only…
Q: please help with steps 1,2,and 3 #23thank you
A: 1. Single-Step Income Statement for Sundance InvestmentsIn a single-step income statement, all…
Q: 2.7
A: A company's assets are classified into fixed assets and current assets and the asset turnover ratio…
Q: Step by step answer
A: Explanation of Standard Allowance:The standard allowance refers to the acceptable percentage of…
Q: If iphone,inc,has an equity solve this question general accounting
A: Step 1: Define DuPont ROE DecompositionThe DuPont identity breaks down ROE of a firm into various…
Q: Answer this with full explanation
A: Step 1: Define Common StockCommon stock refers to those securities of the company that hold the…
Q: I need correct answer general account not use ai
A: Step 1: Define Predetermined Overhead RateThe amount of the overall manufacturing overhead cost…
Q: Educational and Professional Development: As future accounting professionals, what knowledge and…
A: 1. Learning about two key areas, how AI functions and the need of data security helps future…
Q: Futures are available on theee month solution general accounting
A: Step 1: Define GainIn the economics concept, the gain is described as an increase in the asset or…
Q: A company roi is 12.6% average assets are solved this question general accounting
A: Step 1: Define Net IncomeNet income is the amount of accounting profit after deducting all expenses.…
Q: Denver Co. at the end of 20x1, its first year of operations, prepared reconciliation between pretax…
A: Step 1: Given DataPretax financial income: $300,000Extra depreciation taken for tax purposes:…
Q: Need answer the accounting question please solve this one
A: Step 1: Define Bond Sale EntryA Bond Sale Entry is the journal entry made when a company first…
Q: A firm with no net debt reports cash solve this accounting questions
A: Step 1: Define Operating Cash FlowThe cash flows generated from the main operations of the business…
Q: What is the firm's ROA?
A: Step 1: Given Value for Calculation Profit Margin = pm = 7.2%Sales = s = $25,400,000Total Assets =…
Q: correct option want this account problems
A: Step 1: Understand the LCM RuleUnder the Lower-of-Cost-or-Market (LCM) rule, inventory is reported…
Q: I want to correct answer general accounting
A: Step 1: Average accounts receivable.= (beginning + ending receivables) / 2= (2.8 billion + 3.1…
Q: Units? Find out
A: Explanation of Break-even Point: Break-even point represents the number of units a company must sell…
Q: What is the firm's net profit margin on these general accounting question?
A: Step 1: Define Net Profit MarginA company's profit is a significant indicator of its financial…
Q: Get correct answer general accounting
A: Step 1: Define Managing accounts receivableThe accounts receivable of a firm are its debtors and are…
Q: Need help with this accounting question
A: Step 1:The sales revenue under accrual basis of accounting is calculated using the below formula:…
Q: The mocha company has sales solution this question
A: Step 1: Define InvestmentsA company's investments can be classified into short-term and long-term…
Q: What percentage complete were the ending inventory units on this general accounting question?
A: Step 1: Define Equivalent Unit of ProductionThe equivalent unit of production is the term used in…
Q: I need correct answer general accounting question not use chart gpt
A: Step 1: Define Cost per Equivalent UnitThe per equivalent unit is calculated monthly for each…
Q: Need help with this question solution general accounting
A: Computation of the net income under variable costing in Year 2013: Calculations: Sales = Number of…
Q: Hello tutor please provide correct answer general accounting
A: Step 1: Define Relevant Costs in Special Order DecisionThe relevant costs a company must consider…
Q: correct answer for this
A: a) Dependencies never affect reportingIn the perspective of economic dependence analysis, this…
Q: Please provide correct answer general accounting
A: Step 1: Define Variable CostingVariable costing is the usually used in internal reports wherein…
Q: 68.
A: The correct answer is:b) Meets all revenue criteria plus specific conditions Explanation:Special…
Q: Expert solve the problem
A: Explanation of Commercial Substance: Commercial substance refers to whether an exchange transaction…
Q: cost account
A: Step 1: Data ProvidedUnits Produced: 30,140 unitsUnits Sold: 24,600 unitsSales Revenue:…
Q: The xyz company has offered to supply 10000 solve financial accounting question
A: Given Information:XYZ Company offer: 10,000 units at $18 per unit.Fixed overhead savings: $4 per…
Q: General Accounting Question please answer do fast
A: Step 1: Define DuPont EquationThe DuPont equation is an accounting equation that is used to analyze…
What is the current price of CB Railways on these general accounting question?
Step by step
Solved in 2 steps
- You are trying to value Lucid Motors using comparables analysis. You believe Lucid Motors should be valued similarly to TSLA and that TSLA is the only reasonable comparison. TSLA is currently trading at 10.7x Enterprise Value/Revenue. Lucid is expected to generate $2.2bn in revenues this year. How mucb should you be willing to value Lucid in terms of enterprise Value (assuming market is correct)? $20.6bn $23.5bn $15.4 bn $21.7 bnCan you answer this accounting question without use ai?Even Better Products has come out with an even better product. As a result, the firm projects an ROE of 30%, and it will maintain a plowback ratio of 0.30. Its earnings this year will be $2 per share. Investors expect a 14% rate of return on the stock.Required: a. At what price and P/E ratio would you expect the firm to sell? (Do not round intermediate calculations. Round your answers to 2 decimal places.) b. What is the present value of growth opportunities? (Do not round intermediate calculations. Round your answer to 2 decimal places.) c. What would be the P/E ratio and the present value of growth opportunities if the firm planned to reinvest only 20% of its earnings? (Do not round intermediate calculations. Round your answers to 2 decimal places.)
- The manager believes that given the Fx change to £0.840$ and the price sensitivities, the local price can be increased 10% over the initial price. What will be the new price in euros? € How many units will be sold, and what is the resulting total contribution for the (a) low and (b) high price sensitivity scenarios? \table[[Price Increase Scenario,Sales Volume,Total Contribution],[(a) Low Price Sensitivity,units,$The market capitalization rate for Admiral Motors Company is 12%. Its expected ROE is 9%. If the firm's plowback ratio is 50%, what will be its P/E ratio? Round your answer to one decimal place.Need help
- Suppose that you have the following utility function: U=E(r) – ½ Aσ2 and A=3 Suppose that you have $10 million to invest for one year and you want to invest that money into ETFs tracking the S&P 500 (US) and S&P/TSX 60 (Canada) index, which are often used as proxies for the US and Canadian stock markets, respectively, and the Canadian one-year T-bill. Assume that the interest rate of the one-year T-bill is 0.35% per annum. You have found two ETFs that you are interested in. From a set of their historical data between 2001 and 2019, you have estimated the annual expected returns, standard deviations, and covariance as follows: ETFUS : E(r)= 0.070584 0.173687 ETFCDA : E(r)= 0.073763 0.16816 Covariance between ETFUS and ETFCDA = 0.02397 Answer the following questions using Excel: What is the optimal portfolio of ETFUS and ETFCDA? Also submit an Excel file to show your work.Suppose that you have the following utility function: U=E(r) – ½ Aσ2 and A=3 Suppose that you have $10 million to invest for one year and you want to invest that money into ETFs tracking the S&P 500 (US) and S&P/TSX 60 (Canada) index, which are often used as proxies for the US and Canadian stock markets, respectively, and the Canadian one-year T-bill. Assume that the interest rate of the one-year T-bill is 0.35% per annum. You have found two ETFs that you are interested in. From a set of their historical data between 2001 and 2019, you have estimated the annual expected returns, standard deviations, and covariance as follows: ETFUS : E(r)= 0.070584 0.173687 ETFCDA : E(r)= 0.073763 0.16816 Covariance between ETFUS and ETFCDA = 0.02397 Answer the following questions using Excel: Draw the opportunity set offered by these two securities (with increments of 0.01 in weight). Hint: In Excel, calculate the portfolio expected return and…Suppose that you have the following utility function: U=E(r) – ½ Aσ2 and A=3 Suppose that you have $10 million to invest for one year and you want to invest that money into ETFs tracking the S&P 500 (US) and S&P/TSX 60 (Canada) index, which are often used as proxies for the US and Canadian stock markets, respectively, and the Canadian one-year T-bill. Assume that the interest rate of the one-year T-bill is 0.35% per annum. You have found two ETFs that you are interested in. From a set of their historical data between 2001 and 2019, you have estimated the annual expected returns, standard deviations, and covariance as follows: ETFUS : E(r)= 0.070584 0.173687 ETFCDA : E(r)= 0.073763 0.16816 Covariance between ETFUS and ETFCDA = 0.02397 Answer the following questions using Excel: Determine your optimal asset allocation among ETFUS , ETFCDA , and T-bill, in percentage and in dollar amounts. Also submit an Excel file to show your…
- You forecast the company RIO will have a sustainable ROE of 15% in the future, similar to the industry average of 15%. The company has a dividend payout ratio of 50% versus industry average of 50%. The company had less debt and operation leverage compare to industry, as a result , RIO has a beta of 1.8 versus the industry average of 2. Based on these information, should the company RIO have a higher or lower PE ratio than the industry average ? Given a risk free rate of 2% and market risk premium of 8%, what is RIO’s “intrinsic” forward PE ratio based on formula?Study the information given and answer the following questions independently:1. Use the contribution margin ratio to calculate the sales value required to break even.2. Calculate the margin of safety (as a percentage).3. Determine the sales volume required to achieve double the forecast operating profit for 2024.4. Suppose Tiffany Ltd is considering a R50 per unit decrease in the selling price of the product, with the expectation that this would increase the annual sales volume by 25%. Calculate the total Contribution Margin and Operating Profit/Loss.5. Determine the selling price per unit (expressed to the nearest cent) that would enable Tiffany Ltd to break even, if all 30 000 units are produced and sold.REQUIRED Study the information given below and answer the following questions independently: 3.1 Use the contribution margin ratio to calculate the sales value required to break even. 3.2 Calculate the margin of safety (as a percentage). 3.3 Determine the sales volume required to achieve double the forecast operating profit for 2024. 3.4 Suppose SolarCor Ltd is considering a R50 per unit decrease in the selling price of the product, with the expectation that this would increase the annual sales volume by 25%. Calculate the total Contribution Margin and Operating Profit/Loss. 3.5 Determine the selling price per unit (expressed to the nearest cent) that would enable SolarCor Ltd to break even, if all 30 000 units are produced and sold. INFORMATION SolarCor Ltd produces a single product. The following forecasts for 2024 are available: The budgeted sales are 30 000 units at R800 per unit. Manufacturing costs include direct materials at R160 per unit, direct labour at R100 per unit,…
