Answer:
$14.49
Explanation:
Present P/E ratio = Current stock price/(Net income/Shares outstanding)
Present P/E ratio = 14.75/($8,000,000/5,500,000 shares)
Present P/E ratio = 10.1406
EPS after 1 year = 8000000*125%/ 7000000
EPS after 1 year = 1.4286
Stock price = EPS after 1 year * Present P/E ratio
Stock price= 1.4286* 10.1406
Stock price = $14.49
Answer:
Gross Domestic Product
Explanation:
Gross Domestic Product or GDP is the most important macroeconomic variable because it measures the amount of goods and services that are produced within an economy in a given year. In other words, GDP is one of the most accurate measures of economic activity that economists have found so far.
GDP impacts companies because they depend on external market forces to stay afloat. If GDP falls one year, this means that economic activity declined, and companies are likely to feel the effects of it in the form of lower sales, lower revenues, less profits, less hiring, more firing, etc.
Its B, Professional and business services. I just took the test.
Answer:
- 1. <em>For the amount to double</em>: <u>9.37 years</u>
- 2. <em>For the amount to triple</em>: <u>14.85 years</u>
Explanation:
The equation for continuosly compounded interest is:
Where:
- P is the amount that you invest today: $1,300
- F is the value after t years: the double or triple of $1,300
- r is the annual interest rate: 0.074
<u>1. For the amount to double:</u>
Substitute the values and solve for t:
<u>2. For the amount to triple:</u>
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