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
uysha [10]
3 years ago
15

The common stock of Securetech Corporation consistently sells at a market price of 20 times earnings, i.e., at a p/e ratio of 20

. What would be the most likely effect of a 10 cent increase in Securetech's basic EPS
Business
1 answer:
hjlf3 years ago
6 0

Answer:An increase in market price of approximately $2 per share.

Explanation: A common stock is the stock of a company which entitles the owner certain right to ownership of a company, such as the ability to vote during annual general meetings and are also known to be popular to the population more than other types of stocks.

A TEN(10) PERCENT RISE IN SECURETECH'S BASIC EARNINGS PER SHARE WILL MOST LIKELY LEAD TO APPROXIMATELY $2 RISE IN THE MARKET PRICE OF

SECURETECH'S BASIC EARNINGS .

Mathematical calculations

10% increase= (10÷100)*20dollars

= 0.1*$20

=$2 increase in earning per share.

You might be interested in
Which of the following priority rule will minimize the average flow time of jobs and also perform well in other measures such as
olga nikolaevna [1]

Answer:

LCFS

Explanation:

8 0
3 years ago
What term refers to the United States’ sale of steel to Germany?
aleksklad [387]
The answer would be : B. business

Business refer to an activity in which an entity provides goods or services to the consumers. In this case , The united states is the entity , Steel is the Goods, and Germany is the consumer 
3 0
3 years ago
Read 2 more answers
To calculate a year-to-year percentage change in any financial statement line item such as sales, you should take the current ye
Makovka662 [10]

Answer:

the prior year's amount

Explanation:

In financial statements when measuring performance increase the percentage change in various financial statement lines are usually used.

Financial statement lines are individual items on financial statements. For example current assets, current liabilities, and sales.

The percentage change aims to compare increase in a financial statement line item against the previous year's amount.

This will give an idea of how much increase has occurred on previous performance.

So it is calculated by deducting previous year amount from current year amount, then divide by the previous year amount and multiply by 100

7 0
3 years ago
Which of the following is not characteristic of the typical limited liability company? Death of a member (owner) causes it to di
natulia [17]

Answer:

Death of a member does not cause the LLC to dissolve unless the rest of the members want to continue. It is not a characteristic of a limited liability company.

Explanation:

An LLC or limited liability company is a kind of hybrid corporate structure which combines the characteristics of a corporation and sole proprietorship or partnership. The company has a separate legal existence apart from its members. The members have a limited liability. There is flexibility in taxation. All the members are allowed to participate in management, there is no board of directors for management.

8 0
3 years ago
At a price of $5, Sam buys 10 units of a product; when the price increases to $6, Sam buys 8 units. Martha says Sam's demand has
forsale [732]

Based on the information given, Martha is incorrect. Sam's quantity demand has decreased.

<h3>What is demand?</h3>

Demand means the quantity of a good and services that consumers are willing and able to buy at various prices during a given period of time

In this case, Martha is incorrect. This is because Sam's quantity demanded has decreased, and his demand has not changed.

Learn more about demand on:

brainly.com/question/1245771

5 0
2 years ago
Other questions:
  • In September 2009 a U.S. investor chooses to invest $500,000 in German equity securities at a then current spot rate of $1.30/eu
    14·1 answer
  • What is rent in personal finance ?
    10·1 answer
  • In the table above the output level where the price minus atc (average total cost) is a maximum (or least negative) is the maxim
    9·1 answer
  • Codes that are too detailed encourage employees to substitute rules for judgment.
    11·1 answer
  • When the supply curve shifts out (to the right) and the demand curve shifts out (to the right), the equilibrium quantity will:a)
    7·1 answer
  • Sunset Products manufactures skateboards. The following transactions occurred in March:
    15·1 answer
  • The Bell Weather Co. is a new firm in a rapidly growing industry. The company is planning on increasing its annual dividend by 2
    8·1 answer
  • Purchasing a car on a loan through the bank or dealership is called:
    7·1 answer
  • A 65-year old widow that is in a low tax bracket and that has a low risk tolerance wishes to make an investment that will provid
    15·1 answer
  • When coca cola contracted with capgemini to provide accounting and financial services, which strategy was coca cola using?
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!