The formula to calculate p/e ratio is: price/earnings.
So, the price of the stock would be
p/e ratio = price/earnings
18 = price / 2.4
Price= 2.4 x 18
Price = 43.2
The correct answer is false
<h3><u>Answer;</u></h3>
Financial plan
<h3><u>Explanation;</u></h3>
- A net worth statement, insurance plan, and a budget are all part of a Financial plan.
- <u><em>The parts of a good financial plan include a net worth statement, financial goals, a budget, a saving and investing plan, and an insurance plan.</em></u>
- Financial plan is generated from financial information. There are five parts to a organize your financial information, these includes; net worth statement, financial goals, budget, saving and investing plan, and insurance plan. Another way to organize your financial information are bills, receipts, and account statements.
Answer:
The Rubber Meets the Road has issued shares at discount to market price to its shareholders (Right Issue)
Explanation:
These tactics are used by the company who wants to defend itself from the acquirer because they think they will damage the company values, culture, restructure business processes and change in people who work and are part of the organization. In other words they think are a family and will loose each other and the associated benefits now they are enjoying so what they do is they upper management issues the rights to its existing shareholders at discount to market value.
The investment doesnot seems attractive as the benefit are no more if the acquirer pays extra dollars to buy the 50% shares which have been increased due to right issue. So the statement hostile takeover means the defending strategy of the firm that the acquirer wants to acquire its control by buying more than 50% shares.
C. quarterly
The general rule for income taxes is that each state requires employers to file a quarterly tax and wage report on or before the last day of the month following the calendar quarter.
