The following income statement and balance sheets for Laser World are provided:
Earnings per share for the year-ended December 31,2015,is $1.90.The closing stock price on December 31,2015,is $30.40.
Calculate the following profitability ratios for 2015:
Definitions:
Causation
The relationship between cause and effect, where one event (the cause) directly leads to the occurrence of another event (the effect).
Behaviour
The actions or reactions of an organism, often in response to its environment.
Behaviourism
A psychological approach that emphasizes the study of observable behavior and the role of environmental forces in shaping it, discounting mental states as primary causes of behavior.
Psychoanalytic Theory
A theory of personality organization and the dynamics of personality development that guides psychoanalysis, founded on the premise that unconscious forces such as unresolved conflicts from childhood shape behavior.
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