Use the following information to obtain the ratios requested below. Where necessary, carry answers to one decimal place. Dividends per share: $1.14 Market price per share: $54 Net income: $118,000 Stockholders' equity, beginning of year: $500,000 Stockholders' equity, end of year: $530,000 Earnings per share: $1.75 a. Dividends yield = _____________% b. Return on equity = _____________% c
Price/earnings (P/E) ratio = __________ times
Fill in the blank(s) with correct word
a. 2.1%
b. 22.9%
c. 30.9 times
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Waste management is the concern of which functional area of business?
A) Operations B) Marketing C) Financial management D) Human resources E) Distribution
A union unlawfully supported by an employer will be disestablished; that is, it may never again represent those employees
Indicate whether the statement is true or false
[The following information applies to the questions displayed below.]On January 1, Year 1, the Platte Corporation issues a 5-year note payable for $5,000. The interest rate is 5% and the annual payment of $1,156, due each December 31, includes both interest and principal.Which of the following correctly shows the effects of the December 31, Year 2 payment (rounded to the nearest whole dollar)? Assets=Liab.+Stk.EquityRevenue?Expense=Net Inc.Stmt. ofCash FlowsA.(1,156)=(951)+(205)NA?205=(205)(1,156)FAB.(1,156)=(906)+(250)NA?250=(250)(906)FA/(250)OAC.(1,156)=(951)+(205)NA?205=(205)(951)FA/(205)OAD.(1,156)=(951)+(205)NA?205=(205)(1,156)OA
A. Option A B. Option B C. Option C D. Option D
Clark and Nestor start a catering business together. They sign a legal contract that states that the business is owned by them. The agreement also states that they will have an equal share in the profits of the business and will be equally liable for any losses incurred by the business. This scenario exemplifies _____.
A. a strategic alliance B. countertrade C. a partnership D. barter