1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Over [174]
3 years ago
8

currently, a firm has an EPS of $2.08 and a benchmark PE of 12.7. Earning are expected to grow by 3.8 percent annually. What is

the estimated current stock price?
Business
1 answer:
Verizon [17]3 years ago
6 0

Answer:

$26.42

Explanation:

According to the given situation, the computation of the estimated current stock price is shown below:-

Estimated current stock price = Earning per share × PE ratio

= $2.08 × 12.7

= $26.42

Therefore for computing the estimated current stock price we simply applied the above formula and ignore all other value as they are not relevant.

You might be interested in
What are the eight differences between personal selling (direct contact) and non-personal selling (indirect contact, such as Int
Julli [10]

Answer:

internet banking facility

3 0
3 years ago
Rent is $1,258. Phone charges last month were $46.88. Groceries cost about $115/week. What is a good estimate of your monthly ex
Papessa [141]

I'd say $1,807.00 (C)

6 0
3 years ago
Explain the relationship between consumers and producers in economic growth and activity
Strike441 [17]

The economy consists of producers, who make and sell goods and services, and consumers, who buy the goods and services.

Producers rely on consumers to buy from them, and consumers rely on producers to provide the goods and services they want.

Money allows this relationship to work.

3 0
3 years ago
Reggie who is 55, had adjusted gross income of $32,000 in 2020. During the year, he paid for the following medical expenses:
sleet_krkn [62]

Assuming Reggie who is 55, had an adjusted gross income of $32,000 in 2020, Reggies medical expense deduction will be $75

Calculation to determine Reggie medical expense deduction

Drugs  $500

Add Health insurance premium-after tax $850

Add Doctors fees $1,250

Add Eye glasses $375

Total expenses  $2,975

($500+$850+$1,250+$375)

Less Insurance reimbursement  ($500)

Less 7.5% of Adjusted gross income ($2,400)  

($32,000×7.5%)

Medical Expense Deduction  $75

($2,975 - $500 - $2,400)

Inconclusion assuming Reggie who is 55, had an adjusted gross income of $32,000 in 2020, Reggies medical expense deduction will be $75

Learn more here:

brainly.com/question/17136095

6 0
2 years ago
Why are inventories stated at lower-of-cost-or-market?a. To report a loss when there is a decrease in the future utility.b. To k
Helga [31]

Answer: The correct answer is "c. To report a loss when there is a decrease in the future utility below the original cost."

Explanation: When talking about current assets, or more precisely, Merchandise inventory, it is common that sometimes the sale value is less than the original cost of the assets, therefore a negative holding result is produced, that is, a loss.

4 0
3 years ago
Other questions:
  • Which of the following transactions would qualify as an "arm's length transaction"?
    11·1 answer
  • Do you believe the cash flows from investing activities should include not only the return of investment, but also the return on
    6·1 answer
  • The manager of Dukey’s Shoe Station estimates operating costs for the year will include $480,000 in fixed costs. Required: a. Fi
    10·1 answer
  • When making a presentation that includes a large detailed table, which print method should you use?
    14·1 answer
  • Suppose you borrow​ $1,000 at an interest rate of 12 percent. if the expected real interest rate is 5​ percent, then the rate of
    7·1 answer
  • A small business owner is skeptical about online transactions. They are worried that information may be stolen in transmission o
    12·1 answer
  • Price Company provides cleaning services to customers for $10,000 cash. What are the effects of this transaction on the accounti
    11·1 answer
  • Spiro Spammer sends millions of e-mails a day asking people to donate to his college tuition fund. Oddly enough, many people do.
    8·1 answer
  • Dana has standard consumer preferences over two goods: hours spent watching football (W) and hours spent playing football (P). H
    7·1 answer
  • Bach Co. had an inventory balance of $15,250 on January 1, purchased $34,000 during the accounting period, and the cost of goods
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!