Westonci.ca offers fast, accurate answers to your questions. Join our community and get the insights you need now. Our platform offers a seamless experience for finding reliable answers from a network of knowledgeable professionals. Our platform offers a seamless experience for finding reliable answers from a network of knowledgeable professionals.

Suppose a bookie will give you $2 for every $1 you risk if you pick the winners in three games of a sport on a parlay card. thus, for every $1 bet, you will either lose $1 or gain $1. what is the bookie's expected earnings per dollar wagered

Sagot :

$10 is the bookie's expected earnings per dollar wagered

What is earnings per dollar?

The price-to-earnings ratio, in essence, reflects the amount of money an investor may expect to invest in a firm in order to obtain $1 of that company's earnings. This is why the P/E ratio is also known as the price multiple, as it indicates how much investors are ready to pay each dollar of earnings.

Analysts want to see a lower number for the Price-to-Sales Ratio. A ratio less than one shows that investors are investing less than $1 for every $1 in revenue earned by the company.

The formula for determining a stock's price-earnings ratio is straightforward: the market value per share divided by earnings per share (EPS).

To know more about earnings per dollar follow the link:

https://brainly.com/question/23103804

#SPJ4

Thank you for your visit. We are dedicated to helping you find the information you need, whenever you need it. We appreciate your visit. Our platform is always here to offer accurate and reliable answers. Return anytime. Westonci.ca is here to provide the answers you seek. Return often for more expert solutions.