subject
Business, 05.11.2019 00:31 bonnysvalentine

The following information pertains to diane company. assume that all balance sheet amounts represent both average and ending balance figures and that all sales were on credit. use this information to answer the question that follow. assets cash and short-term investments $ 30,000 accounts receivable (net) 20,000 inventory 15,000 property, plant, and equipment 185,000 total assets $250,000 liabilities and stockholders' equity current liabilities $ 45,000 long-term liabilities 70,000 stockholders' equity—common 135,000 total liabilities and stockholders' equity $250,000 income statement sales $85,000 cost of goods sold 45,000 gross margin $40,000 operating expenses (15,000) interest expenses (5,000) net income $20,000 number of shares of common stock outstanding 6,000 market price of common stock $20 total dividends paid $9,000 cash provided by operations $30,000 using the data provided for diane company, what is the price-earnings ratio?

ansver
Answers: 2

Another question on Business

question
Business, 21.06.2019 20:40
Afirm that makes electronic circuits has been ordering a certain raw material 250 ounces at a time. the firm estimates that carrying cost is i = 30% per year, and that ordering cost is about $20 per order. the current price of the ingredient is $200 per ounce. the assumptions of the basic eoq model are thought to apply. for what value of annual demand is their action optimal?
Answers: 3
question
Business, 22.06.2019 04:40
Select the correct answerwhat is the responsibility of each of the twelve federal reserve's banks in their districts? a.they set the prime rateob.they monitor functioning of banks in their through onsite and offsite reviewsc.they assess taxes in their destnictd.they write fiscal policies
Answers: 1
question
Business, 22.06.2019 11:20
Aborrower takes out a 30-year adjustable rate mortgage loan for $200,000 with monthly payments. the first two years of the loan have a "teaser" rate of 4%, after that, the rate can reset with a 5% annual payment cap. on the reset date, the composite rate is 6%. what would the year 3 monthly payment be?
Answers: 3
question
Business, 22.06.2019 12:40
Evan company reports net income of $232,000 each year and declares an annual cash dividend of $100,000. the company holds net assets of $2,130,000 on january 1, 2017. on that date, shalina purchases 40 percent of evan's outstanding common stock for $1,066,000, which gives it the ability to significantly influence evan. at the purchase date, the excess of shalina’s cost over its proportionate share of evan’s book value was assigned to goodwill. on december 31, 2019, what is the investment in evan company balance (equity method) in shalina’s financial records?
Answers: 2
You know the right answer?
The following information pertains to diane company. assume that all balance sheet amounts represent...
Questions
question
English, 19.05.2020 15:21
question
Mathematics, 19.05.2020 15:21
question
Chemistry, 19.05.2020 15:21
question
English, 19.05.2020 15:21
Questions on the website: 13722359