Answer:
$12.22 per share
Explanation:
The computation of the stock price one year from now is shown below;
Current EPS = Net Income ÷ Number of shares
= $95,000,000/5,500,000
= $17.2727
Now
P/E Ratio = Market Price per share ÷ Earnings per share
= $14.75 ÷ 17.2727
= 0.8539 times
Now
Revised EPS = $95,000,000 × 1.25 ÷ 8,300,000
= $14.3072
So, the Price is
= 14.3072 × 0.8539
= $12.22 per share
The amount that it should budget for total expenses is: $456,103.
<h3>Budgeted total expense</h3>
Using this formula
Total expenses=(Yearly sales×38%)+ (Yearly sales×24%)
Let plug in the formula
Total expenses=$279,547+$176,556
Total expenses=$456,103
Therefore the correct option is A.
Learn more about total expenses here:brainly.com/question/25317819
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Answer:
Explanation:
Based on the information provided within the question it can be said that the main impact of the legal constraints would be that they have the ability to change the way that the economic pie is divided among the different parties, which in term can completely change their well-being. This is because those that receive more wealth are able to provide a better quality of life that those that did not.
Answer:
The interest on investment of $9000 and $1000 is 5.41 % and 4.81% respectively.
Explanation:
Let i be the interest rate on $ 9000 investment, then
9000i + 1000(i -0.006) = $ 535
10,000i = 541
i = 5.41 % on investment of $ 9000.
than on $1000 investment interest = 5.41-0.6 = 4.81 %
Answer:
It has the ability to reach large audiences in a relatively cost-efficient manner.
Explanation:
Television is one of the medium used for advertising products by the sellers or the distributors or the suppliers. It is one of the mass media of advertising a product or service covering a large number of people at a particular time.
Since a cost incurred on an advertisement is just once in a few years moreover the same digital advertisement can be shown to a large or mass number of people at the same time thus proving that advertisement through television is cost effective or efficient as well.
