Author Question: Shares of Leshner Corporation now sell for 59.63. If the company had earnings per share of 1.50 last ... (Read 86 times)

londonang

  • Hero Member
  • *****
  • Posts: 540
Shares of Leshner Corporation now sell for 59.63. If the company had earnings per share of 1.50 last year, calculate the price-earnings ratio of the stock. (Round to nearest whole number)

Question 2

Jake borrowed 1,200 for six months at a rate of 7.  On the due date, Jake will own 1242.
  Indicate whether the statement is true or false



pratush dev

  • Sr. Member
  • ****
  • Posts: 321
Answer to Question 1

40:01:00

Answer to Question 2

TRUE



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

The Babylonians wrote numbers in a system that used 60 as the base value rather than the number 10. They did not have a symbol for "zero."

Did you know?

Coca-Cola originally used coca leaves and caffeine from the African kola nut. It was advertised as a therapeutic agent and "pickerupper." Eventually, its formulation was changed, and the coca leaves were removed because of the effects of regulation on cocaine-related products.

Did you know?

Vampire bats have a natural anticoagulant in their saliva that permits continuous bleeding after they painlessly open a wound with their incisors. This capillary blood does not cause any significant blood loss to their victims.

Did you know?

Most fungi that pathogenically affect humans live in soil. If a person is not healthy, has an open wound, or is immunocompromised, a fungal infection can be very aggressive.

Did you know?

In the United States, congenital cytomegalovirus causes one child to become disabled almost every hour. CMV is the leading preventable viral cause of development disability in newborns. These disabilities include hearing or vision loss, and cerebral palsy.

For a complete list of videos, visit our video library