Based on the NPV result, should the firm proceed with the

EcoChill project?  

Briefly explain how the present value at the end of year 2 was calculated.

The gross profit margin ratio of Penguin Products Ltd is higher this year than it was last year. Which one of the following factors could NOT be true of this year relative to last year?

The difference between Long-Term Capital and Shareholder's Equity is

ROCE uses Long Term Capital in its formula.  Long Term Capital includes

ROCE uses Operating Profit in its formula.  Operating Profit includes

Solar plc is a Stock Exchange listed business. Today the business's share price rose. What effect will this have on its price/earnings ratio (P/E) and its dividend yield ratio (DY)?

            P/E                     DY

[1]         Increase           Increase

[2]         Increase           Decrease

[3]         Decrease         Increase

[4]         Decrease         Decrease

Solar plc is a Stock Exchange listed business. Today the business's share price decreases. What effect will this have on its price/earnings ratio (P/E) and its dividend yield ratio (DY)?

            P/E                     DY

[1]         Increase           Increase

[2]         Increase           Decrease

[3]         Decrease         Increase

[4]         Decrease         Decrease

The P/E ratio for a business (with no preference shares) is: