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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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Corporate responsibility exists on several levels including all buta) ethicalb) legalc) economicd) profitablee) strategic
Bezzdna [24]

Explanation:

The statement is true.

Corporate responsibility is a concept that is no longer justified merely as a means for companies to exercise altruism, but rather as a means of achieving competitive advantage.

The concept emerged in the 70's as a means that companies should also act as transformers of society, that is, they should actively contribute to the reduction of ethical, legal, social and environmental problems, in order to adopt positive posture and actions. and beneficial to society.

In the information age, the relationship of the individual with organizations has evolved, and society is more charged for companies to exercise corporate governance, based on transparency and ethical and legal principles.

It must be performed at all organizational levels, and understand the external organizational environment, in compliance with legal and ethical standards.

The benefits from the practice of corporate responsibility are many, and exert strategic character that translate into competitive advantages, the company's image is strengthened, the perception of stakeholders increases, there is increased investment in the company, the compliance of organizational practices lead to improvement. continuous and others.

6 0
3 years ago
What sentence is this??<br> I've never been to the beach, but I would like to go someday.
jekas [21]

It is compound. It has two independent clauses and it is joined together by a coordinating conjunction.

7 0
3 years ago
Read 2 more answers
Mara wants to draw people to her blog by awarding a $5 amazon gift card to the 100th, 200th, 300th, etc. visitor each day. what
Juli2301 [7.4K]
I believe it is fixed-ratio reinforcement. The behavior (viewing her blog) has to happen a set number of times (100, 200, 300) before the reinforcement (gift card) is given. 
4 0
4 years ago
Which of the following describe categories of international employees? Group of answer choices expatriates, third country nation
Scrat [10]

Answer: Expatriate, third country national.

Explanation: An international employee is an individual who is employed to work in a company that is not in his country of origin.

International workers are most times referred to as expatriates. Expatriates are people who live and work in a country which is not their country of origin.

A third country national is an individual living in a country foreign to his, and applying for a visa to migrate to another foreign country. A third country can also fill in the category of an international worker.

6 0
3 years ago
Primare Corporation has provided the following data concerning last month’s manufacturing operations.
Darya [45]

Answer:

Results are below.

Explanation:

<u>To calculate the cost of goods manufactured, we need to use the following formula:</u>

Cost of goods manufactured= beginning WIP + direct materials + direct labor + allocated manufacturing overhead - Ending WIP

Cost of goods manufactured= 54,700 + (11,300 + 30,000 - 19,200) + 58,100 + 87,400 - 69,900

Cost of goods manufactured= $152,400

<u>Now, the cost of goods sold:</u>

COGS= beginning finished inventory + cost of goods manufactured - ending finished inventory

COGS= 33,600 + 152,400 - 43,600

COGS= $142,400

8 0
3 years ago
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