Trenton Company has provided the following information: Net income, $150,000; Preferred shares issued, 5,100; Weighted average number of shares of common stock issued, 23,100; Cash dividends declared and paid on common stock, $21,000; Market price per share, $27; Weighted average number of treasury shares of common stock, 3,100. What is Trenton's price/earnings ratio

Agood for which demand increases as income rises is and a good for which demand increases as income falls is

Electronics assembly inc. is a contract manufacturer that assembles consumer electronics for a number of companies. currently, the operations manager is assessing the capacity requirements as input into a bid for a job to assemble cell phones for a major global company. the company would assemble three models of cell phones in the same assembly cell. setup time between the phones is negligible. electronics assembly inc. operates two 8-hour shifts for 275 days per year. cell phone demand forecast (phones/year) processing time (minutes/phone) mars 47,000 19.8 saturn 35,000 20.7 neptune 7,500 16.2 a. calculate total capacity required by line. b. determine the total operating time available. c. calculate the total number of assembly cells. (round up your answer to the next whole number.)

Suppose that a monopolistically competitive restaurant is currently serving 260 meals per day (the output where mr