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Alex777 [14]
2 years ago
15

Last year Thomson Inc's earnings per share were $3.50, and its growth rate during the prior 5 years was 11.0% per year. If that

growth rate were maintained, how many years would it take for Thomson's EPS to triple?
Business
1 answer:
Semmy [17]2 years ago
5 0

Answer:

10.52 years

Explanation:

We can work out the number of years using this relationship

V =P× (1+r)^n

V= tribe valeu  = 3×3.5 = 10.5

r-growth rate -11%

n- number of years- ?

10.5 = 3.5× (1.11)^n

<em>dividing both sides by 1.11^n</em>

1.11^n = 10.5/3.5

<em>taking the log of both sides</em>

n log 1.11 = log 3

n = log 3/log 1.11

n =10.52

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Answer:

Dr. Trading securities                                    $4,800  

Cr. Unrealized gain on trading securities    $4,800

Explanation:

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Gain on Trading securities = Fair value of security portfolio - Cost of security portfolio = $46,300 - $41,500 = $4,800  

6 0
2 years ago
Hall and Donnell reported findings of five separate studies involving over 12,000 managers that explored the relationship betwee
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Answer:

D) were highly likely to be in their lower-achieving group.

Explanation:

Theory X refers to a motivation theory developed by Douglas McGregor. Theory X can be described as a pessimistic view of humanity and human workers. Managers who support theory X tend to dislike their own work and believe everyone else dislikes their work, are not ambitious and believe everyone else is not ambitious either, and finally don't like to assume responsibility over their actions and believe everyone else is like them.

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4 0
2 years ago
Which of the following is a “DO” regarding scannable resumes
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Average recruiters eliminates a lot of applicants by scanning their resumes and find some keywords in the resume here are some "DO" things that should be in your resume :
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Hope this helps
5 0
3 years ago
Extremely low-incidence studies, such as trying to survey the automobile buyer characteristics of astronauts are usually not fea
Nina [5.8K]

Answer:

The correct answer is D

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Feasibility analysis is the analysis which is used in order to determine or state the viability of the project like ensure the project is legal and economically justifiable and technically feasible.

In short, it states that the project is worth or not the investment. So, when the studies indicate the low incidence, then the firm is concerned regarding the feasibility of the project, that it would probably determine or state whether or not the questions could be answered.

7 0
3 years ago
The manager of Belle Home Improvements purchased several cash registers for the business on June 10 but does not remember whethe
mezya [45]

Answer:

The best place to get information about the transaction is the general journal.

Explanation:

The best place for the manager to get information about the transaction is the general journal.

The journal in accounting is a record of financial transactions in order by date. The general journal is a day book that records transactions as it relates to adjustment entries, opening stock, accounting errors. Entries in general journal includes dates and explanation of transaction called narration.

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7 0
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