Company price-earnings ratio equals
A company has a market value per share of $73.00. Its net income is $1,750,000 and the weighted-average number of shares outstanding is 350,000. The company's price-earnings ratio equals: 1. 20.9.
2. 4.2.
3. 14.6.
4. 20.0.
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A company has a market value per share of $73.00. Its net income is $1,750,000 and the weighted-average number of shares outstanding is 350,000. The company's price-earnings ratio equals:
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Collier borrowed $175,000 in cash on October 1, 2010 and is required to pay $180,000 on March 1, 2011. What would be the carrying value of the note payable on October 1, 2010 and how much interest is recognized from October 1 to December 31, 2010?
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