Based on the information in Table 4-1, and assuming the company's stock price is $30 per share, the
P/E ratio is
A) 9.85. B) 10.99. C) 3.09. D) 4.83.
B
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E-coupons delivered through the Web have a much lower redemption rate than those delivered the old-fashioned way
Indicate whether the statement is true or false
There is a strong expectation among the general public for corporate policies that recognize the importance of ______.
a. the local community b. affirmative action c. ethnicity d. corporate social responsibility
Atlas Shipping Inc is a shipping company that agreed to transport goods by ship for Everest Industries Inc from Florida to Peru
Atlas had planned to take its ship through the Panama Canal and the journey would take 7 days and the charge to Everest was $10,000. Everest paid $10,000 in advance. The Panama Canal however was closed due to an earthquake. It was still possible to get from Florida to Peru by ship but it would mean having to travel down the east coast of South America and then up the west coast to Peru. It would take over 3 weeks and the cost of this would be $40,000. As a result A) Atlas can claim the contract was frustrated and must return the $10,000 B) Atlas can claim the contract was frustrated but keep $1,000 C) Everest can insist Atlas still ship the goods via the longer route, but would have to pay $40,000 D) Everest can insist Atlas still ship the goods via the longer route and would not have to pay any more than the $10,000 it had already paid E) Everest can insist that Atlas get the goods to Peru using truck or rail transportation
Brown Office Supplies recently reported $18,000 of sales, $8,250 of operating costs other than depreciation, and $1,750 of depreciation. It had $9,000 of bonds outstanding that carry a 7.0% interest rate, and its federal-plus-state income tax rate was 40%. How much was the firm's earnings before taxes (EBT)?
A. $5,749 B. $8,918 C. $7,370 D. $8,033 E. $7,223