Answer:
The price/earnings ratio is closest to 21.79
Explanation:
Price / Earning ratio is used to assess the owner`s appraisal of share value. The higher the ratio the more confident that the shareholders have on company's future performance.
Price / Earning ratio = Market price of Share ÷ Earnings per share
= $61 ÷ $2.80
= 21.79
High quality is not necessarily related to price. discuss this, drawing from your own knowledge and experience, and provide examples where this may and may not be true. high quality is not necessarily related to price. <u>quality assurance.</u>
The Quality to Price Ratio (or QPR as it is commonly known) is a commonly used concept in the wine industry. Essentially, it's just a measure of perceived value, the enjoyment you're weighing against the price you're paying.
If the price is low, a small change in price equates to a large change in quality. At higher prices, small price changes correspond to small quality changes. However, in all cases, the higher the price, the higher the quality level.
The price-quality matrix designed by Philip Kotler focuses on the cross-section between his two metrics that give the model its name. By positioning a product or service relative to its competitors, retailers can position themselves in the market based on the price and quality of each item.
Learn more about quality prices here:
brainly.com/question/15855288
#SPJ4
The income elasticity in this case is 1.
<u>Explanation:</u>
In Economics, the income elasticity of demand gauges the responsiveness of the amount requested for a decent or administration to an adjustment in income. It is determined as the proportion of the rate change in amount requested to the rate change in pay.
Income Elasticity of Demand (YED) is characterized as the responsiveness of interest when a purchaser's salary changes. It is characterized as the proportion of the adjustment in amount requested over the adjustment in salary.
The law limits the shift of money that goes to political parties but not to other groups
