The following table gives accounting data from the 1994 annual reports of six biotechnology firms. The market
Question:
Transcribed Image Text:
Market Value Company of Equity Price/Book Revenue R&D Net Income $8,096.71 1,379.00 2,233.60 925.00 588.53 St,571.0 $307.0 152.0 101.0 413.0 158.0 138.0 109.0 81.0 795.4 314.3 406.0 15.0 28.0 Amgen Biogen Chiron Genetics institute Immunex Genentech 3.6 4.6 2.5 4.5 -34.0 124.4 151.0
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 100% (5 reviews)
Multiples of the various accounting numbers for the five firms can be calculated and the average mul...View the full answer
Answered By
Aun Ali
I am an Associate Member of Cost and Management Accountants of Pakistan with vast experience in the field of accounting and finance, including more than 17 years of teaching experience at university level. I have been teaching at both undergraduate and post graduate levels. My area of specialization is cost and management accounting but I have taught various subjects related to accounting and finance.
5.00+
13+ Reviews
32+ Question Solved
Related Book For
Question Posted:
Students also viewed these Accounting questions
-
The following table gives the systolic blood pressure (SBP), body size (QUET), age (AGE), and smoking history (SMK = 0 if a nonsmoker, SMK = 1 if a current or previous smoker) for a hypothetical...
-
The following table gives Treasury zero rates and cash flows on a Treasury bond: Zero rates are continuously compounded (a) What is the bonds theoretical price? (b) What is the bonds yield? Maturity...
-
The following table gives information concerning finance rates (in percent) for consumer installment loans from 1990 to 1996: a. Using 1990 as the base year, construct an aggregate index of finance...
-
To the right is the graph of the position of the object versus time: Which of graphs below correctly shows the object's velocity versus time? velocity (m/s) velocity (m/s) 1.5 1 0.5 -0.5 -1 -1.5 15...
-
Frank, a calendar year taxpayer, reports $100,000 of gross income and $60,000 of taxable income on his 2013 return, which he files on March 12, 2014. He fails to report on the return a $52,000...
-
Write C code for a producer/consumer program that takes one value from one input queue, another value from another input queue, and puts the sum of those two values into a separate queue.
-
Explain public policies that protect employees from unlawful discharge.
-
Using the diagram below, do the following: a. Draw a tree diagram for the scissors. b. Prepare an MRP plan for scissors. Lead times are one day for each component and final scissor assembly, but two...
-
21. DOES THE U.S DOLLAR INDEX WEAKEN IF THE US GROWTH ACCELERATES ? 22. THE U.S DOLLAR INDEX WEAKEN IF THE INTEREST RATE DIFFERENTIALS NARROW BETWEEN THOSE NATIONS ?
-
The AGRI Venture: An Integrated Marketing Communications Program. Chapter 16 states that there are three major forms of cooperative advertising: horizontal, ingredient-sponsored and vertical. Discuss...
-
Here are some accounting numbers and market values (in millions) for Hewlett-Packard and Gateway for 2002. These two computer manufactures are considered to be comparables for Dell, Inc. a. Calculate...
-
General Mills, the consumer foods company, traded at 1.6 times sales in 2008. It was reporting a net profit margin on its sales of 9.5 percent. What was its P/E ratio?
-
The pressure drop p in Pa for a fluid flowing in a pipe with a sudden increase in diameter is given by: Where p is the density of the fluid, v, the velocity of the flow, and d and D are defined in...
-
A man is jogging north at 2.3 m/s. A girl is jogging south at 1.8 m/s. If the girl is used as the reference point, the man appears to be running much faster than the girl in the opposite direction...
-
Suppose an applied force varies with time t as given by the following equation: F = at- - tn -3 ... where a and are constants. (a) [2] What is the dimension of the constant a? You may express your...
-
A rock in a sling is 0.40 m from the axis of rotation and has a tangential speed of 6.0 m/s. What is the rock's mass if the centripetal force is 8.00 10 N? 210.
-
Charges of 3.0 C are located at x = 0, y=2.0 m and at x = 0, y = -2.0 m. Charges Q are located at x = 4.0 m, y = 2.0 m and at x = 4.0 m, y = -2.0 m. The electric field at x = 0, y = 0 is (9.0 x 10...
-
A ball is launched upward at an angle. The diagram at the right shows approximate values of the horizontal and vertical velocity at 0.0 seconds. For the three times below, identify the size and...
-
Ava bought a house on 1 July 2000 for 62,000. She occupied the entire property as her PPR until 1 August 2007 when she began using one-quarter of the house for business purposes. This continued until...
-
Assume that a trial balance is prepared with an account balance of $21,360 listed as $21,630 and an account balance of $1,500 listed as $15,000. Identify the transposition and the slide.
-
Determine the rate constant and order by analyzing the concentration-time dependence. Reactant concentration (M) 0.6 0.5 0.4 0.3 0.2 0.1 ww 20 win www 40 Time (s) 60 80 13.48
-
Q1. Sales revenue earned from the sale of Mac computers, iPods, iPhones, iPads, iTunes, and other related products and services totals (_________ million / cant tell) and the cost of those products...
-
Q1. Sales Revenue minus (operating expenses / non-operating revenues and expenses / ____________equals Gross Profit that totals ____________million. Q2. Gross profit minus (provision for income tax /...
-
Q1. On December 1, Year 1 RETAIL STORE sells a $1,500 computer. Customer Nancy pays $500 in cash and signs an installment agreement for the remaining $1,000 to be paid the following year, Year 2. On...
-
York's outstanding stock consists of 80,000 shares of cumulative 7.5% preferred stock with a $5 par value and also 200,000 shares of common stock with a $1 par value. During its first four years of...
-
Hudson Community College enrolls students in two departments, Liberal Arts and Sciences. The college also has two service departments, the Library and the Computing Services Department. The usage of...
-
Robert is designing a new Active Directory Domain Services infrastructure for a company called Litware, Inc., which has its headquarters in New York and two additional offices in London and Tokyo....
Study smarter with the SolutionInn App