Two online magazine companies reported the following in their financial statements: BetterWorth Outdoor Fun 2018 2017 2018 2017 Net income $ 111,000 $ 108,804 $ 92,420 $ 172,373 Total stockholders' equity 597,186 522,814 457,151 477,049 Earnings per share 3.40 3.39 2.30 4.18 Stock price when annual results reported 54.90 51.54 33.05 60.20 Required: 1-a. Compute the 2018 ROE for each company. 1-b. Which company appears to generate greater returns on stockholders’ equity in 2018? 2-a. Compute the 2018 P/E ratio for each company. 2-b. Which company do investors appear to value more?
Answers: 3
Business, 22.06.2019 22:20
Which of the following best explains why the demand for housing is more flexible than the supply? a. new housing developments are being constructed all the time. b. low interest rates for mortgages make buying a home very affordable. c. the increasing population always drives demand upwards. d. people can move more easily than producers can build new homes.
Answers: 1
Business, 23.06.2019 01:50
The de mesa family will soon be occupying their newly renovated house. however, the bathroom measuring 10ft. by 16 ft. still needs to be covered by tiles. if the tile that they desire measures 2/5 ft by 2/5 ft., how many tiles will they need to cover the bathroom floor?
Answers: 3
Business, 23.06.2019 11:00
Jessica thinks that everyone would be better off if financial institutions stopped issuing credit. which statement accurately supports her argument? people would pay less in interest fees. people would have greater protection in case of emergencies. people would need to save for many years to buy a home or open a business. people would support the economy through purchases of more goods and services.
Answers: 1
Two online magazine companies reported the following in their financial statements: BetterWorth Outd...
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