This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Suppose you own stock in National Advertising which had earnings of 2.50 per share last year. If ... (Read 130 times)

neverstopbelieb

  • Hero Member
  • *****
  • Posts: 534
on: Jun 24, 2018
Suppose you own stock in National Advertising which had earnings of 2.50 per share last year. If yesterday's closing price was 41.50, what is the price-earnings ratio of the stock? (Round to the nearest whole number)
 A) 6:1
  B) 1:17
  C) 4:1
  D) 17:1

Question 2

Innovative Engineering received a promissory note of 15,500 at 11 simple interest for 15 months from one of its customers. After 3 months, Union Bank discounted the note at a discount rate of 13. Calculate the proceeds that Innovative Engineering will receive from the discounted note. (Round to the nearest cent)
 A) 18,855.17
  B) 16,495.62
  C) 15,339.19
  D) 12,456.22


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

succesfull

  • Sr. Member
  • ****
  • Posts: 339
Reply #1 on: Jun 24, 2018
Answer to Question 1

D

Answer to Question 2

C


neverstopbelieb

  • Member
  • Posts: 534
Reply 2 on: Jun 24, 2018
Gracias!

ecabral0

  • Member
  • Posts: 310
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

Hypertension is a silent killer because it is deadly and has no significant early symptoms. The danger from hypertension is the extra load on the heart, which can lead to hypertensive heart disease and kidney damage. This occurs without any major symptoms until the high blood pressure becomes extreme. Regular blood pressure checks are an important method of catching hypertension before it can kill you.

Did you know?

The types of cancer that alpha interferons are used to treat include hairy cell leukemia, melanoma, follicular non-Hodgkin's lymphoma, and AIDS-related Kaposi's sarcoma.

Did you know?

Hyperthyroidism leads to an increased rate of metabolism and affects about 1% of women but only 0.1% of men. For most people, this increased metabolic rate causes the thyroid gland to become enlarged (known as a goiter).

Did you know?

Computer programs are available that crosscheck a new drug's possible trade name with all other trade names currently available. These programs detect dangerous similarities between names and alert the manufacturer of the drug.

Did you know?

The first-known contraceptive was crocodile dung, used in Egypt in 2000 BC. Condoms were also reportedly used, made of animal bladders or intestines.

Glioma. (a) Illustration of a large glioma (colored area) within the left cerebral hemisphere in a s Glioma. (a) Illustration of a large glioma (colored area) within the left cerebral hemisphere in a s
Diverse living organisms share common chemical features Diverse living organisms share common chemical features
A promissory note has a face value of $6000 and it has a date of issue of June 1 this year. The ... A promissory note has a face value of $6000 and it has a date of issue of June 1 this year. The ...
Video: Neural regulation of blood pressure - baroreceptor and chemoreceptor reflexes

For a complete list of videos, visit our video library