« previous next »

Author Question: Suppose you own stock in Beach Front Resort Inc which had earnings of 2.10 per share last year. If ... (Read 143 times)

madam-professor

  • Hero Member
  • *****
  • Posts: 584
on: Jun 24, 2018
Suppose you own stock in Beach Front Resort Inc which had earnings of 2.10 per share last year. If yesterday's closing price was 58.80, what is the price-earnings ratio of the stock? (Round to the nearest whole number)
 A) 4
  B) 0.04
  C) 2.8
  D) 28

Question 2

Webster Digital received a promissory note of 8,000 for 9 months at 7 simple interest from one of its customers. After 4 months, the note was discounted at Bank of Aventura at a discount rate of 10. What are the proceeds Webster Digital will receive from the discounted note? (Round to the nearest cent)
 A) 10,587.99
  B) 8,069.17
  C) 12,110.00
  D) 9,000.00


briseldagonzales

  • Sr. Member
  • ****
  • Posts: 303
Reply #1 on: Jun 24, 2018
Answer to Question 1

D

Answer to Question 2

B


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

The most dangerous mercury compound, dimethyl mercury, is so toxic that even a few microliters spilled on the skin can cause death. Mercury has been shown to accumulate in higher amounts in the following types of fish than other types: swordfish, shark, mackerel, tilefish, crab, and tuna.

Did you know?

Individuals are never “cured” of addictions. Instead, they learn how to manage their disease to lead healthy, balanced lives.

Did you know?

Approximately one in four people diagnosed with diabetes will develop foot problems. Of these, about one-third will require lower extremity amputation.

Did you know?

An identified risk factor for osteoporosis is the intake of excessive amounts of vitamin A. Dietary intake of approximately double the recommended daily amount of vitamin A, by women, has been shown to reduce bone mineral density and increase the chances for hip fractures compared with women who consumed the recommended daily amount (or less) of vitamin A.

Did you know?

Lower drug doses for elderly patients should be used first, with titrations of the dose as tolerated to prevent unwanted drug-related pharmacodynamic effects.

Defibrillator. Defibrillators are devices that supply a voltage charge to the heart in the hope of r Defibrillator. Defibrillators are devices that supply a voltage charge to the heart in the hope of r
Front view of the cranium and facial bones. Front view of the cranium and facial bones.
This 19-year-old in Wisconsin was given a reduced jail sentence for holding this sign in front of ... This 19-year-old in Wisconsin was given a reduced jail sentence for holding this sign in front of ...
The engine is rotated until the timing marks on the front of the crankshaft line up with zero ... The engine is rotated until the timing marks on the front of the crankshaft line up with zero ...
Occluded front Occluded front
Formation of an Occluded Front Formation of an Occluded Front
Video: A timeline of the teeth (Explained - No Audio)

For a complete list of videos, visit our video library