shandrablue68681
01.07.2019 •
Business
Molly is a 60-year-old entrepreneur planning to start a business selling jams and preserves. molly is not very ambitious. she wants to keep her business small, hassle free, and easy to manage. she prefers to employ a maximum of two cooking assistants who would also make deliveries. the best business structure for molly would be . this business structure would allow molly to manage her business without too many hassles. also, she would enjoy complete over the business and could keep all the for herself.
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Ответ:
Ответ:
Price earnings ratio = 24.09 (Approx)
Explanation:
Given:
Sale = $8,800
Profit margin = 4% = 0.04
Number of share = 5,300
Market price per share = $1.60
Find:
Price-earnings ratio
Computation:
Earnings Per share = Profit / Number of shares
Earnings Per share = [8,800 x 0.04] / 5300
Earnings Per share = $0.0664
Price earnings ratio = Market price per share / Earnings Per share
Price earnings ratio = 1.60/0.0664
Price earnings ratio = 24.09 (Approx)