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
Select the education or qualification best demonstrated in each example.
LenaWriter [7]

Answer:

1. attention to detail

2. Juris Doctor degree

3. critical-thinking skills

4. research skills

Hope you have a good day ^w^

3 0
2 years ago
Noreen is deciding whether to purchase Sport-Ease sneakers or a store brand. She has purchased other Sport-Ease shoes in the pas
Masja [62]

Answer:

C. greater perceived value.

Explanation:

.................

6 0
3 years ago
Exam early childhood education
Rashid [163]
Idk whats your qwestion
3 0
3 years ago
ERP success depends on several key factors being met. These factors include all of the following except _________. Select one: a
bonufazy [111]

Answer:

a. Minimize change for workers

Explanation:

Enterprise Resource Planning (ERP) is a method adopted by most companies to manage and integrate the various part of their business. This ERP is based on the usage of software for easier deployment of the integration and it depends on so many factors.

<em>An ERP software system can also integrate planning, purchasing inventory, sales, marketing, finance, human resources, and more of any given business enterprise.</em>

7 0
3 years ago
The accounting records of Brownwood Company revealed the following information: Work in process inventory, Jan 1 58,000 Work in
ivanzaharov [21]

Answer:

$721,000 is correct

Explanation:

Cost of goods sold =754000 + 125000 -158000

=721,000

8 0
3 years ago
Other questions:
  • Carla Vista Company, organized in 2019, has set up a single account for all intangible assets. The following summary discloses t
    5·1 answer
  • Preferred stock comes in many varieties. ____ preferred stock includes a requirement that past dividends not paid must be paid i
    7·1 answer
  • Why have the fortunes of the English gentry degenerated?
    5·1 answer
  • "how does one define intelligence?" is a question that would be of particular interest to ____________________.
    6·1 answer
  • What is 14 + 5x = 3 ( -x + 3 ) - 11
    10·2 answers
  • Retail stores are often classified on the breadth and depth of their merchandise assortment. The breadth of the merchandise is t
    8·1 answer
  • What improvements in retailing strategy might be attributed to the results obtained from shopper marketing studies?
    15·1 answer
  • Answer the following questions​ (a) at zero output level if total cost is​ $100 what will be values of total variable cost and t
    6·1 answer
  • The following information pertains to Hyde Corp.'s issuance of bonds on January 1, Year 1: Face value $1,000,000 Term 10 years S
    12·1 answer
  • The requirement to research prior listings of the subject within the last 12 months is a(n)?
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!