User Account

All Pages

What is the book value per share

Assignment Help Financial Accounting
Reference no: EM133025459

Question - Pioneer Inc. provided the following information on December 31, 2020

Total assets $120,000

Profit margin 6.0%

Tax rate 40%

Preferred stock $5 par $20,000

Equity multiplier 1 2/3

DSO 33 days

Interest rate 6.0%

Accounts payable $6,000

Total assets turnover 2.5

Required -

1. What is Pioneer Inc.'s EBIT?

2. What is the book value per share assuming that the company has 30,000 shares of common stock outstanding throughout the year 2020?

3. What should management do based on the ratios given above?

Reference no: EM133025459

Questions Cloud

Accents and dialects around the world : Discuss the different accents and dialects in your home country. How different, for example, are dialects across different regions?
Network plan you are investigating and researching : Make sure that for this network plan you are investigating, researching, and brainstorming stakeholder needs
How many units would need to be sold : If the selling price is reduced by 5%, variable costs per unit reduced by $1.00, and fixed costs increased to a total of $40,750, how many units would need sold
Data warehousing and multi-dimensional data models : Data Warehousing, Multi-Dimensional Data Models and OLAP or Systems for machine learning and model management.
What is the book value per share : What is the book value per share assuming that the company has 30,000 shares of common stock outstanding throughout the year 2020
Windows hardening recommendations : Create a summary report to management that describes a hardening technique that addresses each issue listed above. Provide rationale for each selection.
Review software license agreements : Review software license agreements in your textbook and research them online.
Common model for security is called defense in depth : A common model for security is called "Defense in Depth."
Learn about the cryptolocker virus : "Research a security threat. Learn about the CryptoLocker Virus. What advice would you give users about whether to pay the ransom demanded?

Reviews

Write a Review

Financial Accounting Questions & Answers

  Show the ending balances in accounts receivable

Show the ending balances in Accounts Receivable, Allowance for Uncollectible Accounts, and Net Accounts Receivable at October 31

  Question 1 the building authority was prepared by the city

question 1. the building authority was prepared by the city and organized as a separate legal entity. the authority is

  What maximum amount could marie withdraw each month

Find how much Marie must have at retirement. What maximum amount could Marie withdraw each month so that her balance never decreases (nearest dollar)?

  Compute the external financing need

A firm has sales of $782,600, a profit margin of 7.23 percent, and a capital intensity ratio of 1.31. What is the firm's return on assets?

  What is the depreciation expense for emil rovey

Find What is the depreciation expense for the year ended December 31? The estimated useful life is 8 years and the company uses the straight-line method.

  Find gross income from receiving the life insurance proceeds

What amount could Ray include in his gross income from receiving the life insurance proceeds? The insurance company paid Ray $16,000 interest on the life insurance proceeds through the period Carin's estate was in administration.

  What is the annual nominal rate of interest

What is the annual NOMINAL rate (APR) of interest that you would be paying if you decided to agree to make the 18 monthly payments?

  Find the result of operation

Find the Result of Operation. The increase in retained earnings may indicate that not all earnings derived from operations were returned to shareholders.

  The foreign corrupt practices act outlaws

At what position levels of employees is ethics an important part of decision making in a company? The Foreign Corrupt Practices Act outlaws what type of business practices and how? Conduct a Porter’s 5 forces analysis of the Consumer Electronics Devi..

  Calculate the price of forward contract

For example, the six-month rate increased from 3.61 to 3.91. Calculate the price of forward contract otherwise identical to yours given these changes

  What is the carrying value of the asset on december

The company also changed the method of depreciation to straight-line. What is the carrying value of the asset on December 31, 2025?

  What value do financial ratios offer investors in reviewing

Financial ratios can differ from industry to industry. What value do financial ratios offer investors in reviewing the financial performance of a firm?

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd