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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.

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A structure was built five years ago. Because of exceptional upkeep, the appraiser estimates the structure's condition today to
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Based on the useful life and the appraised age of the house, the effective age is <u>3 years.</u>

<h3>What is the effective age?</h3>
  • It is the age of a structure based on its physical condition and upkeep.
  • It is found by subtracting the remaining economic life from the economic life of the structure.

As a result of the physical condition and upkeep of the property, the appraiser estimates it to be equivalent to a 3 year old home. This is therefore the effective age.

Find out more on appraisals at brainly.com/question/15032807.

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2 years ago
You are helping a customer who wants to purchase pavers and they have selected
IrinaVladis [17]

Answer:

D. Ask the customer if they need any other products for the project.​

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7 0
3 years ago
The formal or informal societal rules that specify or prohibit certain behaviors in specific situations are called ______.
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Answer:

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Explanation:

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6 0
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Answer:

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As this is a financial instrument, the bank issued a title to the investor to recognize his investment.

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