1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
ohaa [14]
3 years ago
6

Due to growing demand for computer software, the Shine Company has had a very successful year and expects its earnings per share

to grow by 25 percent to reach $5.50 for this year. Estimate the price of the company's common stock assuming the industry's price/earning ratio is 12. A. $66 B. $21.80 C. $45.80 D. $65
Business
1 answer:
suter [353]3 years ago
3 0

Answer:

A. $66

Explanation:

The price of the company's common stock can be determined by multiplying the industry's price/earning ratio by the earnings per share. If the price/earning ratio is 12, and earnings per share are $5.50, the stock price is:

P=12*\$5.50\\P=\$66

Therefore, the answer is alternative A. $66.

You might be interested in
A promotional tool in which a company lets consumers have a small sample of a product for no charge is known as?
ioda

Sampling is the promotional tool in which a company lets consumers have a small sample of a product for no charge.

Sampling is a process utilized in statistical evaluation wherein a predetermined wide variety of observations are taken from a bigger populace. The method used to pattern from a bigger populace depends on the form of evaluation being accomplished, but it can encompass easy random sampling or systematic sampling.

The number one intention of sampling is to create a consultant sample, one wherein the smaller institution (sample) appropriately represents the traits of the bigger group (population). If the pattern is properly decided on, the sample can be generalizable to the populace. there are many methods to attain a sample.

There are most important forms of sampling methods – possibility and non-opportunity sampling. Chance sampling, also known as random sampling, is a form of sample selection in which randomization is used rather than planned desire.

Learn more about the Sampling here brainly.com/question/12892403

#SPJ4

5 0
2 years ago
In a closed-fact problem, the main goal of tax research is to: Group of answer choices Determine several alternative courses of
Anettt [7]

In a closed-fact problem, the main goal of tax research is to: find support for an action the taxpayer has already taken.

Explanation:

When filing a tax return, many people are medically supported. Strong tax research skills are even greater because of their complexity and application in tax law. The purpose of this chapter is to provide information and advice on tax compliance analysis as well as tax planning. In addition, the technique of tax analysis is quite similar to accounting and auditing.

The aim of tax research is to increase the profit or gains of the taxpayer. The aim is not to generate the minimum tax liability potential. Customers should determine the accuracy of tax returns or try to minimize possible IRS conflicts.

This difference of perspective — to optimize after-tax gains instead of reducing taxation — is particularly important when one considers that many tax planning techniques require such pre-tax income transfers, either in the form of additional expenditures, income avoidance or both.

3 0
3 years ago
For each of the following transactions that occur in their lives, identify whether it is included in the calculation of U.S. GDP
Bumek [7]

Answer:

Dina's father in Sweden orders a bottle of Vermont maple syrup from the producer's website. INCREASES EXPORTS (X) AND INCREASES THE GDP

Charles buys a sweater made in Guatemala. INCREASES IMPORTS (M) AND REDUCES THE GDP

Charles's employer upgrades all of its computer systems using U.S.-made parts. INCREASES INVESTMENT (I) AND INCREASES THE GDP

The state of Pennsylvania repaves highway PA 320, which goes through the center of Swarthmore. INCREASES GOVERNMENT EXPENSES (G) AND INCREASES THE GDP

Dina gets a new refrigerator made in the United States. INCREASES CONSUMPTION (C) AND INCREASES THE GDP

3 0
3 years ago
Art likes to invest his spare cash in the stock market. In the past, he has focused on growth stocks and long-term value to take
atroni [7]

Answer:

Explanation:

a

8 0
3 years ago
In which one of the following instances is rivalry among competing sellers notmore intense?
dimaraw [331]

Answer: E.When there are so many industry rivals that the impact of any one company's actions is spread thinly across all industry members

Explanation:

The more the number of players in an industry the more it gets congested and especially for the competing sellers. The decision for increasing or reducing price is met by follower firms to do the same thing. It gets less competitive because you know all the players in the industry would be following the same practices and doing the same thing.

7 0
3 years ago
Other questions:
  • Identify and describe the basic elements of a safety program
    14·1 answer
  • A stock just paid an annual dividend of $2.8. The dividend is expected to grow by 10% per year for the next 4 years. The growth
    11·1 answer
  • Pittsboro Corporation produces and sells a single product. Data for that product are: Sales price per unit $590​ Variable cost p
    14·1 answer
  • With current technology, suppose a firm is producing 400 loaves of banana bread daily. Also assume that the least-cost combinati
    10·1 answer
  • Below are transactions for Wolverine Company during 2021.
    13·1 answer
  • Businesses employ workers from city neighborhoods and rural areas. These workers are perfect substitutes and cannot relocate in
    5·1 answer
  • Which resource management activity establishes common definitions for capabilities of personnel, equipment, teams, supplies, and
    9·1 answer
  • Beauty salon opportunities and threats
    10·1 answer
  • The following information is available from the land account: Opening balance $270,000 Sold for $200,000 cash 170,000 credit ent
    14·1 answer
  • Which type of interest can earn more money over the long term?
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!