« previous next »

Author Question: Benkart Corporation has sales of 5,000,000, net income of 800,000, total assets of 2,000,000, and ... (Read 64 times)

cartlidgeashley

  • Hero Member
  • *****
  • Posts: 572
on: Jul 11, 2018
Benkart Corporation has sales of 5,000,000, net income of 800,000, total assets of 2,000,000, and
  100,000 shares of common stock outstanding. If Benkart's P/E ratio is 12, what is the company's
  current stock price?
 
  A) 360 per share B) 240 per share C) 96 per share D) 60 per share

Question 2

________ refers to the ease with which a firm is able to tap-in to sources of capital.
 
  A) Shareholder control
  B) Financial flexibility
  C) Risk and timing
  D) Impact and cost


bubulittle310@msn.cn

  • Sr. Member
  • ****
  • Posts: 281
Reply #1 on: Jul 11, 2018
Answer to Question 1

C

Answer to Question 2

B


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

A recent study has found that following a diet rich in berries may slow down the aging process of the brain. This diet apparently helps to keep dopamine levels much higher than are seen in normal individuals who do not eat berries as a regular part of their diet as they enter their later years.

Did you know?

A headache when you wake up in the morning is indicative of sinusitis. Other symptoms of sinusitis can include fever, weakness, tiredness, a cough that may be more severe at night, and a runny nose or nasal congestion.

Did you know?

For about 100 years, scientists thought that peptic ulcers were caused by stress, spicy food, and alcohol. Later, researchers added stomach acid to the list of causes and began treating ulcers with antacids. Now it is known that peptic ulcers are predominantly caused by Helicobacter pylori, a spiral-shaped bacterium that normally exist in the stomach.

Did you know?

The heart is located in the center of the chest, with part of it tipped slightly so that it taps against the left side of the chest.

Did you know?

The human body's pharmacokinetics are quite varied. Our hair holds onto drugs longer than our urine, blood, or saliva. For example, alcohol can be detected in the hair for up to 90 days after it was consumed. The same is true for marijuana, cocaine, ecstasy, heroin, methamphetamine, and nicotine.

The Abecedarian study was designed to help very low-income African American children prepare for ... The Abecedarian study was designed to help very low-income African American children prepare for ...
Relationship between Latitude and Income per Capita Relationship between Latitude and Income per Capita
Income Inequality in the United States: 1947–2009 Income Inequality in the United States: 1947–2009
Solow Model with Saving Dependent on Income Level Solow Model with Saving Dependent on Income Level
Anglin's estimates of the total vocabulary of children in Grades 1, 3, and 5 Anglin's estimates of the total vocabulary of children in Grades 1, 3, and 5
Lone-parent household income and the degree of vulnerability Lone-parent household income and the degree of vulnerability
Video: Metaphase I Animation

For a complete list of videos, visit our video library