Answer:
$22.81
Explanation:
We can easily calculate share price for BeeGood company just by multiplying the current earnings per share with an average P/E ration of competitors
P/E = Price earning ratio
EPS = Earning per share
Formula: Share price = PE x EPS
Share price =
x $1.74
Share price = $22.81
A perfectly competitive firm earns a profit when price is above the average total cost.
A perfect competitive firm is a firm that operates in a perfectly competitive market. A perfectly competitive market is a market where the goods and services exchanged are homogenous. There is perfect information in this type of market.
In the long run, firms in a perfect competition earn only a normal profit. If in the short run, firms are earning economic profit, new firms would enter into the market. This would wipe out economic profit. In the short run, if an economic loss is been made, firms would leave the industry.
To learn more, please check: brainly.com/question/13761559
A person's annual income is $40,000. She subtracts $2,000 for donations to charity. If she is also given a $3,000 tax credit, her total income would be $38,000.
<h3>What is the tax credit?</h3>
Tax credits are financial incentives that let some taxpayers deduct their accumulated credits from the total amount they repose on the state.
It can also be called as a “discount” that is offered by the state in some circumstances, or a credit given in recognition of prior tax payments. It is not considered as a part of person's income.
The person's gross income would be $38,000 ($40,000 – $2000), here, the Gross Income does not include the deduction, this is considered in the Net taxable income.
Learn more about the tax, refer to:
brainly.com/question/16423331
#SPJ1
revolving credit agreement
Is an example of Market segmentation, which divides the market in half, due to a different demographics like age, target market etc.
The new target market that divides the market is possibly ages: 6-9
Hope this helps.