Answer:
<u>Question 1:</u>
What would be the stock price in five years if the P/E ratio remained unchanged?
Answer: $161.30
<u>Question 2:</u>
What would the price be if the P/E ratio increased to 18 in five years?
Answer: $175.96
Explanation:
Question 1:
<u>What would be the stock price in five years if the P/E ratio remained unchanged?</u>
Solution:
PV = $6.07
I = 10%
PMT = 0
N = 5
CPT FV = PV×(1+1/Y)^N
CPT FV = $6.07 × (1+0.10)^5
CPT FV = $9.78
Stock price in five years = $9.78×16.5 = $161.30 (answer)
<u>Question 2:</u>
<u>What would the price be if the P/E ratio increased to 18 in five years?</u>
CPT FV = $9.78
Price = CPT FV × 18
Price = $9.78 × 18
Price = $175.96 (answer)
Answer: d. eliminating the discharge of anything into any water.
Explanation:
The Clean Water Act aims to clean up and restore the integrity of water sources in the United States and it hopes to do so by preventing and completely eliminating the discharge of anything into any water that could result in the water being polluted.
It is a Federal statute and is enforceable by the Environmental Protection Agency.
The increase of shoe sellers in the market from the town would result in an increase in competition. In addition, these would provide a lot of choices among consumers on what good they will likely buy. So to have an edge compared to other sellers, some do marketing strategies like advertising.
Answer:
Reactive public relations strategy
Explanation:
Reactive public relations strategy is one of the strategy of the PR (stands for Public Relation), which is defined as the approach or the marketing strategy, that is taken to combat or to defend any negative issues or the events in relation to the firm or an organization.
Therefore, the reactive strategy is the one which is dictated through the influences outside the control of the firm and focus on problems to be resolved.
Competition between producers is essential to capitalism.