question 41
Multiple Choice
The following information pertains to Soho Company. Assume that all statement of financial position amounts represent both average and ending balance figures. Assume that all sales were on credit. Assets Property, plant and equipment Inventory Accounts receivable (net) Cash and short-term investments Total Assets Equity and Liabilities Shareholders’ equity_ordinary Non-current liabilities Current liabilities Total Equity and Liabilities Income Statement Sales revenue Cost of goods sold Gross margin Operating expenses Net income Number of ordinary shares Market price of ordinary shares Dividends per share $210,00020,00025,00040,000$295,000$150,00085,00060,000$295,000$85,00045,00040,00020,000$20,0006,000$20.90 What is the price-earnings ratio for Soho?
Definitions:
Code of Ethics
A set of guidelines designed to outline the principles and standards of behavior expected of individuals and organizations in a professional setting.
Mission Statement
A concise statement that defines an organization's core purpose and focus, guiding its decisions and actions.
Social Responsibility
The obligation of individuals, organizations, and businesses to act in a manner that benefits society at large.
Technological Environment
The external factors in technology that impact the operations of a business, including innovation, trends, and regulations.