LYDIA'S BAKERY HAS $920,000 IN SALES. THE PROFIT MARGIN IS 5 PERCENT, AND THE FIRM HAS 8,000 SHARES OF STOCK OUTSTANDING. THE MARKET PRICE PER SHARE IS $18.25. WHAT IS THE PRICE-EARNINGS RATIO?

Q: What is the appropriate target selling price?

A: Explanation of Variable Manufacturing Cost:Variable manufacturing cost refers to the expenses that…

Q: Get correct answer this financial accounting question

A: Step 1: Define Ending InventoryEnding Inventory is the value of goods remaining in stock at the end…

Q: Calculate its gross margin ratio.

A: Step 1: Definition of Gross Margin RatioThe Gross Margin Ratio (also called Gross Profit Margin) is…

Q: Davenport Sweets Inc. sold its chocolate division, resulting in a loss of $80,000. Assuming a tax…

A: Explanation of Loss on Disposal: Loss on disposal represents the negative difference between the…

Q: general accounting

A: Step 1: Definition of Operating Cash FlowOperating Cash Flow (OCF) is the cash generated from a…

Q: What is the price earning ratio?

A: Given:Sales = $12,400Profit margin = 6%Outstanding shares = 6,800Market price per share = $2.5…

Q: Therefore the final answer

A: 1. Calculate the profit per ticket package:Selling price per ticket: $200Cost per ticket: $170Profit…

Q: Need help with this question solution general accounting

A: Step 1: Definition of Maturity ValueMaturity value is the total amount that must be repaid at the…

Q: John was a civil servant with the Trinidad & Tobago (T&T) Government for over 30 years and…

A: Detailed explanation: Step 1: Identify John's Sources of IncomeJohn has three sources of…

Q: Subject:-- financial accounting

A: Step 1: Calculation of Average Total AssetsStep 2: Calculation of total asset turnover

Q: I not need ai solution please given correct answer general Accounting question

A: Step 1: Define Residual Dividend PolicyThe residual dividend policy states that dividends are paid…

Q: general accounting

A: Step 1: Definition of Asset Turnover RatioThe Asset Turnover Ratio measures how efficiently a…

Q: On January 1, 2020, Franklin Ltd. acquired a delivery truck at a cost of $750,000. It is to be…

A: Explanation of Depreciation Expense:Depreciation expense represents the systematic allocation of an…

Q: I want to correct answer general accounting question

A: Given:Points gained = 425.85Closing value = 38,425.60 Previous close = 38,425.60 - 425.85…

Q: ??!!

A: Understanding the Profit CalculationWhen analyzing the profit for this scenario, consider the…

Q: Accounting Question

A: Q1: Under-applied or Over-applied Overhead CalculationDetermine the Applied OverheadOverhead is…

Q: Hii ticher please given correct answer general Accounting

A: Step 1: Define Dividend Growth Model (DGM)The Dividend Growth Model (DGM) is a valuation method that…

Q: Financial Accounting 5.8: Firm X and Firm Y have debt-total asset ratios of 40% and 30% and returns…

A: We have two firms, Firm X and Firm Y, and the following financial information:Firm X:Debt-to-Total…

Q: Give me correct answer financial accounting question

A: Step 1: Define Bond ValuationBond valuation involves determining the present value (PV) of future…

Q: Do fast answer of this accounting questions

A: Step 1: Definition of EquityEquity represents the owner's residual interest in a company's assets…

Q: What is the company's price earnings ratio? Accounting

A: Step 1: Definition of Price/Earnings (P/E) RatioThe Price/Earnings (P/E) ratio is a financial metric…

Q: Dont use ai solution general Accounting question

A: Future value of first investment = Present Value*(1+Interest rate)^No. of periodsFuture value of…

Q: Correct answer general Accounting

A: Step 1: Define Present Value of an Ordinary AnnuityThe Present Value of an Ordinary Annuity (PV) is…

Q: Provide correct answer financial accounting question

A: Step 1: Define Zero-Coupon BondA zero-coupon bond is a bond that does not pay periodic interest…

Q: Vector Industries used 8,200 machine hours (Driver) on Job #25. Total machine hours are 24,500.…

A: Explanation of Machine Hours: This is a measure of the time that machines are actually operating in…

Q: What is the total number of equivalent whole unit produced?

A: Explanation of Process Cost System: A process cost system is a method of cost accounting used in…

Q: hello teacher please solve questions

A: Step 1: Definition of Plantwide Overhead RateThe plantwide overhead rate is a single rate used to…

Q: Don't use ai given answer accounting questions

A: Step 1:The operating Cycle is the time in days to buy and sell merchandise and collect payment for…

Q: hello teacher please solve questions

A: Step 1: Definition of Net IncomeNet income is the financial result a company generates after…

Q: Provide step by step explanation general Accounting question

A: Step 1:Given,Initial investment: $15,000Annual payments: $3,450Number of years: 4Step 2:There should…

Q: correct answer please help me

A: To calculate Operating Cash Flow (OCF), we use the formula: OCF= Net Income+ Depreciation Expense…

Q: Please help me with this question general Accounting

A: Step 1: Define Fixed CostsFixed costs are business expenses that remain constant regardless of…

Q: Please see an attachment for details of this financial accounting

A: simply step by step  Interest payable on noteInterest = Principal * rate of interest * time period /…

Q: the monthly cost.

A: Step 1: Identify the linear function Since the cost is a linear function of the number of minutes,…

Q: Baltimore Manufacturing completes job #725, which has a standard of 720 labor hours at a standard…

A: Concept of Standard Labor CostStandard labor cost is the predetermined amount a company expects to…

Q: Correct answer please

A: Step 1: Definition of Asset Turnover RatioAsset Turnover Ratio measures how efficiently a company…

Q: What amount will hocco corporation record as the acquisition cost of the land?

A: Explanation of Land Acquisition Cost:Land acquisition cost refers to the total amount spent to…

Q: A company must place an order for a product that will be sold in the upcoming holiday season by July…

A: Revenue from SalesThe company sells 4,500 units at $250 each.Revenue = 4,500 units * 250/unit…

Q: give me answer general accounting

A: Step 1: Caculation of Total LiabilitiesTotal Liabilities = Notes Payable + Long-term DebtTotal…

Q: What is the annual depreciation expense for evergreen builders co.?

A: Step 1: Definition of Straight-Line DepreciationStraight-line depreciation is a method of allocating…

Q: Tutor please provide answer

A: Revenue from SalesThe company sells 4,500 units at $250 each.Revenue = 4,500 units *…

Q: can you please solve this

A: Solution: Finding the Price-to-Earnings (P/E) Ratio To determine the Price-to-Earnings (P/E) ratio…

Q: Hello tutor please help me

A: We have given, Initial Cost = $110,000Salvage Value = $2,000Increase in Revenues = $31,000Increase…

Q: Year 0123 Cash Flow -$ 19,000 11,300 10,200 6,700 a. What is the profitability index for the set of…

A:

Q: I need this question answer general Accounting question

A: Step 1: Define Dividend YieldDividend yield represents the percentage return that shareholders…

Q: none

A: Step 1: Definition of Unused or Idle CapacityUnused or idle capacity refers to the portion of…

Q: Please give me correct answer this financial accounting question

A: Step 1: Define Capital Asset Pricing Model (CAPM)The Capital Asset Pricing Model (CAPM) is a…

Q: Value of the note ?

A: Step 1:First, calculate the interest amount: Interest = Face value of note * Rate of interest *…

Q: Need help with this question solution general accounting

A: Step 1: Definition of Employer Payroll TaxesEmployer payroll taxes are taxes imposed on employers…

Q: RJ Industries purchased a tract of land for use as a factory site. The purchase price was $850000.…

A: Explanation of Land Cost: This represents the total capitalized cost of acquiring and preparing land…