Smith Company the following information on the financial statements: Net Income $50,000 Earnings Per Share 0.50 per share Average number of Common Shares Outstanding 250,000 shares Market Price $2 per share What is the price/earnings ratio (to the nearest whole number)

Answers

Answer 1

Answer:

4

Explanation:

The price/earnings ratio is calculated as the market price of $2 per share / 0.50 earnings per share = 4


Related Questions

_______ accounting provides information for managers within an organization, whereas _______ accounting provides information primarily for those outside an organization. Group of answer choices

Answers

According to accounting principles, Cost accounting provides information for managers within an organization, whereas Financial accounting primarily provides information outside.

This is because Cost accounting is a method that estimates the figures that deal with costs of obtaining or gathering resources in an organization. Managers generally use it to make provisions for the production process.

On the other hand, Financial accounting calculates a company's financial position to outsiders or external bodies like investors, banks, and governing or monitoring bodies.

Hence, in this case, it is concluded that the correct answer is "Cost" and "Financial" accounting, respectively.

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Explain why financial management is an important aspect of a successful business .

Answers

Helps in improving the profitability of organisations; Increases the overall value of the firms or organisations; Provides economic stability; Encourages employees to save money, which helps them in personal financial planning.:

Which elements of retail strategy would be most important for a company that has just decided to construct a brick-and-mortar storefront

Answers

The elements of retail strategy which would be most important for a company that has just decided to construct a brick-and-mortar storefront is the:

Place

According to the given question, we are asked to state the elements of retail strategy which would be most important for a company that has just decided to construct a brick-and-mortar storefront.

As a result of this, we can see that the retail strategy which is the most important for the company is to make use of Place because the brick and mortar storefront has to do with the physical presence of a business and would be important for visibility of the store.

Therefore, the correct answer is Price

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In order to be successful, P&G relies on its relationship with Walmart to stock its products and Walmart relies on its relationship with P&G to increase sales. This best exemplifies which factor of successful strategic relationships?

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Strategic relationship is very important in any partnership. This best exemplifies the interdependence factor of successful strategic relationships.

The strategic relationship between Walmart and Procter & Gamble is based on interdependence because both firms knows that investments in supply chain management will bring about more savings for consumers.

The  factors that is affecting alliance success are known to be a good relationship with the partner, mutual trust, a minimum commitment between the parties, and having a clear objectives and strategy.

Interdependence is simply known as a balance of self and others within the relationship, known fully well that both partners are working to be present and meet each other's physical and emotional needs in the right ways.

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Mediating trade disputes among nations and overseeing cross-border trade issues and global business practices are functions of:

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The body that has been tasked with the roles described above is none other than the World Trade Organization.

The World Trade Organization:

Works to increase the ease of international trade Oversees international trade and negotiates amongst countries over trade disputes Pushes for the reduction of trade barriers

The World Trade Organization has done a lot of work to try to improve international trade because they believe it is beneficial to humanity.

In conclusion, the roles described are that of the World Trade Organization.

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a ________ leader is one who focuses on providing increased service to others.

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According to leadership management, a servant leader focuses on providing increased service to others.

This is because a servant leader is someone who ensures there is available provision for his followers.

He ensures and assists his team in meeting their target that will benefit both the group and organization as a whole.

Hence, in this case, it is concluded that the correct answer is "Servant leader."

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Scenario 1
A family on a five-day cruise to the Bahamas books a snorkeling trip during one of the days the ship is docked at the island of Nassau. But the day of their excursion, the weather is pretty bad. The company running the excursion—which is endorsed by the cruise line—won’t give them a refund, though, and says the trip goes “rain or shine.” Feeling that the trip would not be safe for their children, the family decides not to go but heads immediately to the cruise guest services department to complain.

What are the facts?

How does the guest feel?

How would you acknowledge the guest’s feelings?

What would be your solution?

How would you follow up with the guest?

Answers

What are the facts?

The family paid for a trip, the policy states that the trip goes no matter the weather, the family does not find the conditions to satisfy their safety requirement, they are complaining and would like a refund on that excursion.

How does the guest feel?

They are upset, and hope to receive re-compensation for their failed excursion.

How would you acknowledge the guest’s feelings?

State that you understand what they are going through, that you are trying to accommodate for the current situation, and are looking to resolve the problem with all parties in a reasonable matter.

What would be your solution?

The solution would be to provide a service on the cruise that they had previously not opted for of similar price. Due to the fact that the company running the excursion is not part of the cruise line, but has been endorsed by us, our responsibility is not to refund but to offer alternatives to the unfortunate event.

How would you follow up with the guest?

I would check-on on the guests and see how they are enjoying their stay, offering complimentary items to relax them and prevent further escalation.

Nvidia Where could your company achieve cost reductions in disposal of scrap, surplus, and/or obsolete materials? Give an example

Answers

Answer:

None of your business, you're just a peasant who buys my products and you will keep buying 'cause I have monopoly. Peasants have no saying in multi-milion dollar business cost decisions or anything for that matter.

Explanation:

don't take it seriously and I'm not from nvidia just in case they try to sue me

Although Alexander Hamilton developed policies to promote industry at the beginning of the American republic's history, it was not until _______________, that the federal government began playing a central role in promoting economic growth.

Answers

It was not until twentieth century that the that the federal government began playing a central role in promoting economic growth.

Alexander Hamilton is regarded as one of U.S. Founding Father, author of the Federalist papers and first secretary of the U.S. treasury.

Some of Alexander Hamilton ideas created the National Bank, founded the U.S. Mint and created a system to levy taxes on luxury products.

Alexander Hamilton developed economic policies to promote industry at the beginning of the American republic's history but it was not until twentieth century that the that the federal government began playing a central role in promoting economic growth.

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Lemuel applies for a job at a local construction company that is located in a state that does not have right-to-work laws. He is told that he must join the employee union at the company before he can be hired. This employer has a(n) _____.

Answers

The name which is given to the situation where Lemuel has to  join the employee union at the company before he can be hired in a state that does not have right-to-work laws is:

Closed shop

According to the given question, we are asked to state the name which is given to the situation where Lemuel has to  join the employee union at the company before he can be hired in a state that does not have right-to-work laws.

As a result of this, we can see that Lemuel has to join an employee union before he can be hired, even though he s qualified, this is because the employer has a closed shop which employs only union members

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Your college bookstore is responsible for the gathering, sorting, and dispersing of books required for a literature course on campus, which would be an example of the ________ functions that intermediaries perform.

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The function of gathering, sorting, and dispersing books required for a literature course by the college bookstore is an example of b. logistical functions that intermediaries perform.

The bookstore is an intermediary between the students (customers) and the publishers (suppliers) of the literature book. The bookstore is not performing a transactional, transitional, or facilitating function.

Thus, the college bookstore performs a logistical function by managing the inventory, transportation, and warehousing needs of the college.

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A call option with a strike price of $50 on a stock selling at $55 costs $6.50. What are the call option's intrinsic and time values

Answers

Based on the information given the call option's intrinsic is $5.00, and time values is $1.50.

a. Intrinsic value

Using this formula

Intrinsic value=Stock selling price-Strike price

Let plug in the formula

Intrinsic value=($55-$50)

Intrinsic value=$5.00

b. Time values

Using this formula

Time values=Stock Cost price-Intrinsic value

Let plug in the formula

Time values=$6.50-$5.00

Time values=$1.50

Inconclusion the call option's intrinsic is $5.00, and time values is $1.50.

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The Gantt chart , which is a type of bar chart that illustrates a project schedule , as developed around the years

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Are you asking or are you making a statement? I’m trying to figure this out as well

Which of the following statements best explains why the Racketeer Influenced and
Corrupt Organization (RICO) Act (Title IX of the Organized Crime Control Act) is the
most effective measure against any type of organized crime?

Answers

The Racketeer Influenced and Corrupt Organization (RICO) Act is a Federal law in the United States that provides extended criminal penalties for the acts that were performed as being part of an ongoing criminal organization.

The question is incomplete as you didn't provide the options. Therefore, an overview of Racketeer Influenced and Corrupt Organization (RICO) Act will be given. The Racketeer Influenced and Corrupt Organization (RICO) Act was a statute of the organized crime control act of 1970.

The main aim of the organization was to prohibit the use of proceeds that were gotten from criminal operations to be used to acquire legitimate operations.

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what adjustment is required for bad debt expense when the estime of uncollectible receivables is 4948 and the allowance for doubtful accounts has a credit balance of 842

Answers

Answer:

Bad Debts Expense is an income statement account while the latter is a balance sheet account.

Explanation: that's what i believe the answer is.

☆free answer☆

A tax added to the cost of an item bought at a store is a(n).

A. income tax
B. sales tax
C. credit tax
D. property tax

Answer: B. sales tax

Answers

B sales tax (thanks for the free answer)

Answer:

sales tax thank you for free anwser

True or false: In order to avoid price wars, firms sometimes adjust their prices only when firms that offer similar products or services do the same.

Answers

Answer:True

Explanation: when firms make price changes carefully and only if others follow their lead, it can help prevent a price war.

donna is a hotel revenue manager preparing next year’s rooms forecast. donna knows that in november of next year a new hotel is opening near her own. as a result, she is considering reducing her rooms forecast for that month. if she does so, what data type will she be primarily using to make her decision?

Answers

Donna will definitely need Future data to facilitate her decision making.

Future data does not connote its name, but rather, it is a kind of data which seems to predict something that might or not affect one in future.

Future data allows for predictive analysis, forecasting and enables companies to drive innovation.

Therefore, the type of data that will need to facilitate her decision making is called Future data.

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what term is used to describe the outsourcing of logistics?

Answers

Answer:

Third-party Logistics is the term used to describe outsourcing of logistics.

Explanation:

Section 11 of the 1933 Act provides civil liabilities for damages when a 1933 Act registration statement on its effective date misstates or omits a material fact. True False

Answers

Answer:

false

Explanation:

because A provision of the Securities Act that imposes civil liability on any person who violates the provisions of Section 5 of the act.

Valerie wants to buy a home in the suburbs, but she only has enough money to make a 17% down payment. The lender tells her that, until she saves enough to make at least a 20% down payment, she will have to wait to purchase. Evaluate if Valerie's lender is correct, and why/why not.

Answers

Answer:

Valerie's lender is wrong.

Explanation:

Valerie's lender is wrong. For most loans she should have the option of purchasing PMI  if she can't make 20% down payment.

using the allowance method, which is the correct adjusting journal entry to record bad debt expense?

Answers

Using the allowance method, the correct adjusting journal entry to record bad debt expense is:

Debit Bad Debt Expense

Credit Allowance for Doubtful Accounts.

Bad debt expense can be define as the amount a company or organization assume are uncollectible because they felt the customer or client they loan would never pay back  debt  amount loan to them.

The appropriate adjusting journal entry to record bad debt expense is:

Debit Bad Debt Expense

Credit Allowance for Doubtful Accounts

(To record bad debt expense)

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The employees at a nonprofit are always looking for ways to improve facilities and benefits for the impoverished children they care for. They then implement those ideas to improve performance. This is an example of

Answers

The situation described about a non-profit foundation is an example of continuous learning.

Continuous learning is a term that refers to an organizational strategy that consists of providing the opportunity to improve the skills and talents of the members of an organization to improve aspects related to the organization.

According to the above, the situation of the non-profit foundation is an example of continuous learning because the employees are constantly investigating to improve the facilities and the benefits that can be provided to the children they care for.

Note: This question is incomplete because the options are missing. Here are the options.

Brand alignmentContinuous learningEmployee engagementPerformance managementExpert systems

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Can I get a free account

Answers

Dudbebdbdbdn indeed de

A ________ is an individual who pays a lump sum plus a royalty on all sales to a specific company in return for the right to operate a business in a specific location.

Answers

A Franchisee is an individual who pays a lump sum plus a royalty on all

sales to a specific company in return for the right to operate a business in a

specific location.

A franchisee is an individual who is giving the right to sell its products under

particular company name . The franchisee pays the company a certain

percentage of sales as royalty.

The targeted companies are usually those who have a very high brand

equity and customer base .They have been able to sustain and thrive in the

economy over a long period of  years

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What learning experience (a class, a skill, an activity) have you had which you think will be most helpful to you in your life after high school? Describe the experience and explain why you think it will be helpful. 5-6 complete sentences.

Answers

Answer:

Marketing class because I want to own my a business.  I had to learn the basics and all about a business.  It taught me how to communicate and the structure of a successful business.  By using that information, I will be able to succeed in the future.  Now my next step is go to a more advanced class to learn even more about business.

A short-term creditor is primarily interested in the __________ of the borrower.

Answers

Answer:

A short-term creditor is primarily interested in the liquidity of the borrower.

__________ companies, though they operate online today, originated as brick-and-mortar stores in the traditional marketplace.

Answers

Based on the historical perspective of business, it is believed that Legacy companies, though they operate online today, originated as brick-and-mortar stores in the traditional marketplace.

This is because a Legacy company is characterized by its establishment time, which is from the previous generation, and is currently using inherited components, instruments, policies, and assets of earlier periods.

Some of the examples of Legacy Companies include the likes of Banking firms that still use legacy systems.

Or IBM who still operates on old closed source systems.

Hence, in this case, it is concluded that the correct answer is Legacy.

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Heavy Metal Corporation is expected to generate the following free cash flows over the next five​ years: LOADING.... ​Thereafter, the free cash flows are expected to grow at the industry average of per year. Using the discounted free cash flow model and a weighted average cost of capital of ​: a. Estimate the enterprise value of Heavy Metal. b. If Heavy Metal has no excess​ cash, debt of ​million, and million shares​ outstanding, estimate its share price.

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Answer:

Heavy Metal Corporation is expected to generate the following free cash flows over the next five years: (Click on the following icon in order to copy its contents into a spreadsheet.) 2 3 Year FCF (5 million) 53. 6 66.2 78. 6 4 75. 3 . 5 82.5 After that, the free cash flows are expected to grow at the industry average of 4.4% per year. Using the discounted free cash flow model and a weighted average cost of capital of 13.6% a. Estimate the enterprise value of Heavy Metal. b. If Heavy Metal has no excess cash, debt of $288 million, and 42 million shares outstanding, estimate its share price. a. Estimate the enterprise value of Heavy Metal The enterprise value will be $ million. (Round to two decimal places.) b. If Heavy Metal has no excess cash, debt of $288 million, and 42 million shares outstanding, estimate its share price. price. The stock price per share will be $ (Round to two decimal places.)

Explanation:

Suppose you invested $93 in the Ishares High Yield Fund (HYG) a month ago. It paid a dividend of $0.53 today and then you sold it for $94. What was your dividend yield and capital gains yield on the investment

Answers

The dividend yield and capital gains yield on the investment are: 0.57%, 1.08%.

a. Dividend yield

Dividend yield = Dividend/Amount invested

Dividend yield =$0.53 / $94

Dividend yield= 0.57%

b. Capital gain yield

First step is to calculate the capital gain

Capital gain= $94 - $93

Capital gain= $1

Second step is to calculate the capital gains yield

Capital gains yield=Capital gain/Amount invested

Capital gains yield=$1 / $93

Capital gains yield= 1.08%

Inconclusion the dividend yield and capital gains yield on the investment are: 0.57%, 1.08%.

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From what you know about helium and the elements in its group, which statement best explains why helium is placed where it is, instead of the second column Complete the crossword with six adverbs of frequency. Take help from the clues.ACROSS1. many times5. at fixed intervals6. once a dayDOWN2. two times3, at no time4. at all timesi will mark you brainiest if you answer 3^c=1/27 what is it?? A submarine dives 650 feet every 5 minutes and 5,200 feet every 40 minutes. What is the slope of this line?Enter your answer as a whole number or a fraction in simplest form in the FAST PLS Charlene operates an oil change and tune up service she chargers $33.95 per oil change a tune up is $72.50 for a four cylinder engine,$82.50 for a six cylinder engine and $92.50 for an eight cylinder engine what are the chargers for a week in which Charlenes facility did 35 oil changes and tuned 5 four cylinder engines 7 six cylinder engines and 2 eig cylinder ht engines this is due tomorrow and i have been stuck on it all night !! (im not good at history) Consider the procedure used below to solve the given equation.Given: 4(2x+5)(3x4)=15Step 1: 8x+53x+4=24Step 2: 5x+9=24Step 3: 5x=249Step 4: 5x=15Step 5: 5x5=155Step 6: x=3Which statement about the solution of the given equation is true? Please help ASAP thanks:) Corey spends 16% of his salary on food each week. If his salary is $800 per week, how much does Corey spend on food each week? FE536.3DHelp me please The least expensive type of life insurance is _____. by enabling like-minded white supremacists to pool their ideas, internet social networking sites are likely to contribute to this subset of trace minerals is required in amounts less than what? The heat of fusion of a substance is the energy measured during a. How did the people Washington choose to surround himself with help him succeed? The archaic style ________________ has a rigid frontal position that is an adaptation from Egyptian sculpture. Raul can hit a golf ball 26.4 yards.A.J. can hit a golf ball 10 times as far how far can A.J. hit the ball 3. Gaea made Uranus herso that he would surround her onall sides and would provide a home for immortal beings."a. Love SlaveC. Godb. Protectord. Equal what is 2965 x 10^8 in standerd form