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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.

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Answer:

$2,340

Explanation:

The computation of cash received from this loan is shown below:-

cash received from this loan = Approved amount - (Approved amount × Two year × Percentage of loan )

= Approved amount - ($3,000 × 2 × 11% )

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$7,776,899

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Calculation to determine what interest expense would it recognize in its 2021 income statement

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Expound on the different forms of elasticities of supply
chubhunter [2.5K]

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Explanation:

incorrect answer

a credit balance of $7500

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An employee is a person who is paid to work for an individual or company. A worker does not have to work full time to be considered an employee. You just need to be paid for your work by your employer (the person or company that pays your salary).

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An example of an employee is a store clerk. Employees are required to perform specific tasks such as: B. An employee is considered an employee if they wear a name tag and greet customers with certain expressions.

Learn more about employee brainly.com/question/27953070

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