Suppose the Move It! Exercise Chain Has Revenues of $45

question 148

Essay

Suppose the Move It! exercise chain has revenues of $45 million, accounting costs of $15 million, and currently has issued 10 million shares of stocks selling at $90 each. Compute the price-earning ratio. Show your work. Is this ratio relatively high or low? What might an increase in the price-earnings ratio indicate?

---

Definitions:

Spreadsheet

A program designed for organizing, analyzing, and storing data in tabular form, often featuring calculation, graphing, and pivot table functions.

Calculations

The process of determining the result of a mathematical or logical expression.

Numbers

Apple's spreadsheet software designed for macOS and iOS or refers to digits and mathematical objects used in counting and measuring.

RDBMS

Relational Database Management System, a type of database that organizes data into tables related by common fields, making it efficient for data retrieval and manipulation.