subject
Business, 10.09.2019 23:20 cbogrett

The holtzman corporation has assets of $388,000, current liabilities of $74,000, and long-term liabilities of $95,000. there is $38,800 in preferred stock outstanding; 20,000 shares of common stock have been issued. a. compute book value (net worth) per share. (round your answer to 2 decimal places.) b. if there is $31,900 in earnings available to common stockholders, and holtzman’s stock has a p/e of 23 times earnings per share, what is the current price of the stock? (do not round intermediate calculations. round your final answer to 2 decimal places.) c. what is the ratio of market value per share to book value per share? (do not round intermediate calculations. round your final answer to 2 decimal places.)

ansver
Answers: 3

Another question on Business

question
Business, 21.06.2019 15:10
In which of the following situations would the price of a good be most likely to increase? a. a breakthrough in productive technology enables a company to increase its output. b. an increase in production costs results from a rise in wages. c. there's a sudden increase in the number of companies competing to sell the good. d. a drop in demand happens too quickly for producers to decrease production to keep up.
Answers: 1
question
Business, 21.06.2019 20:40
Afirm that makes electronic circuits has been ordering a certain raw material 250 ounces at a time. the firm estimates that carrying cost is i = 30% per year, and that ordering cost is about $20 per order. the current price of the ingredient is $200 per ounce. the assumptions of the basic eoq model are thought to apply. for what value of annual demand is their action optimal?
Answers: 3
question
Business, 21.06.2019 22:50
The following data pertains to activity and costs for two months: june july activity level in 10,000 12,000 direct materials $16,000 $ ? fixed factory rent 12,000 ? manufacturing overhead 10,000 ? total cost $38,000 $42,900 assuming that these activity levels are within the relevant range, the manufacturing overhead for july was: a) $10,000 b) $11,700 c) $19,000 d) $9,300
Answers: 2
question
Business, 21.06.2019 23:10
At the end of the current year, $59,500 of fees have been earned but have not been billed to clients. required: a. journalize the adjusting entry to record the accrued fees on december 31. refer to the chart of accounts for exact wording of account titles. b. if the cash basis rather than the accrual basis had been used, would an adjusting entry have been necessary?
Answers: 2
You know the right answer?
The holtzman corporation has assets of $388,000, current liabilities of $74,000, and long-term liabi...
Questions
question
Mathematics, 25.05.2021 19:40
question
Mathematics, 25.05.2021 19:40
question
Mathematics, 25.05.2021 19:40
question
Mathematics, 25.05.2021 19:40