One of the distinguishing characteristics of a service is utility, which means that the service cannot be separated from its means or manner of production

Kelemen, Inc provides the following information for 2017

Net income $260,000 Market price per share of common stock $50 per share Dividends paid $190,000 Common stock outstanding at Jan. 1, 2017 150,000 shares Common stock outstanding at Dec. 31, 2017 210,000 shares The company has no preferred stock outstanding. Calculate the price/earnings ratio of common stock. (Round any intermediate calculations and your final answer to two decimal places.) A) 40.32 times B) 50.00 times C) 34.72 times D) 28.90 times

When defining the problems you need to address in an analytical report, ask yourself:

A) How long should this report be? B) Why is this issue important? C) What is my purpose is writing this? D) Who will read the report? E) How can I use this report to gain credibility?