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bezimeni [28]
3 years ago
8

The market price of Friden Company's common stock increased from $15 to $18. Earnings per share of common stock remained unchang

ed. What would happen to the company's price-earnings ratio? A. Remain unchanged B. Impossible to determine. C. Increase D. Decrease
Business
1 answer:
WINSTONCH [101]3 years ago
7 0

Answer: Option (C) is correct.

Explanation:

Given that,

Old market price of stock = $15

New market price of stock = $18

Here, we assume that EPS be $5.

So,

Price-earning ratio at old price = \frac{Market\ Price}{EPS}

                                                   =  \frac{15}{5}

                                                   = 3

Price-earning ratio at New price = \frac{Market\ Price}{EPS}

                                                   =  \frac{18}{5}

                                                   = 3.6

Hence, price-earnings ratio increases.

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Hope that helped!
3 0
4 years ago
Missy, a licensee, desperately wants to be appointed the next California Real Estate Commissioner. For the three years she has h
kompoz [17]

If Missy has never had her license suspended or revoked. No, Missy  does not have a chance.

<h3>Whether Missy have a chance or not </h3>

Based on the point Missy is currently in her career she does not have a chance.

In order for her to be chosen or selected for to the post of a  California Real Estate Commissioner by the governor, she must have possess a  minimum of five years working experience as a real estate broker.

Therefore she does not have a chance.

Learn more about whether missy have a chance or not here:brainly.com/question/13370701

#SPJ1

6 0
2 years ago
If the buyer perceives a buyer-supplier relationship is in the desirable region on the purchaser-supplier satisfaction matrix, b
vfiekz [6]

Answer:

The correct answer is the option D: share information to find a mutual solution.

Explanation:

To begin with, the concept known as "Supplier Satisfaction" has long been a dead term for many companies in all the industries, however very recently the acquisition of this method has been implemeted in order to increase the benefits that it brings to understand better the relationship with the costumer. Moreover, the model itself seeks for the proper creation of a high quality relationship established in communication between the costumer and the supplier who is able to make a confortable sale and create and environment suitable for the buyer. That is why that the correct action will be to share information in order to find a mutual solution in the case where the situation is in that desirable region of the matrix.

4 0
3 years ago
The view that the family is an enduring social institution because of the important tasks it performs for society — economic sec
zhenek [66]

Correct/Complete Question:

The view that the family is an enduring social institution because of the important tasks it performs for society — economic security, emotional support, socialization of children — is the __________ perspective.

A. interactionist

B. feminist

C. family systems

D. structure-functional

Answer:

D, structure-functional

Explanation:

A family is seen from structure-functional perspective because of its structure (father,mother, children) as well as its functions (economic security, emotional support, etc) to the society.

This means that the family system is a structured and working system that helps the society in different ways to ensure the well-being of the society at large.

I hope this helps.

6 0
4 years ago
Store A uses the newsvendor model to manage its inventory. Demand for its product is normally distributed with a mean of 500 and
hram777 [196]

15.9% is its stock out probability if Store A’s order quantity is 800 units

Solution:

z-score = \frac{(Order quantity-Mean)}{Standard deviation}

             = (800-500)/300 = 1

So , in-stock probability = NORM.S.DIST(1,TRUE) = 0.841345

Hence stock-out probability = 1 - 0.841345

                                               = 0.158655

                                               = 15.9% (Approximately)

8 0
4 years ago
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