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Zanzabum
3 years ago
7

Longs Drug, a large U.S. drugstore chain operating primarily in Northern California, had sales per share of $122 in 1993, on whi

ch it reported earnings per share of $2.45 and paid a dividend per share of $1.12. The company is expected to grow 6% in the long term, and has a beta of 0.90. The current T.Bond rate is 7%. Estimate the appropriate price/sales multiple for Longs Drug. The stock is currently trading for $34 per share. Assuming the growth rate is estimated correctly, what would the profit margin need to be to justify this price per share.?
Business
1 answer:
Vika [28.1K]3 years ago
8 0

Answer:asdfghjkllkjhgfdsasdfghjk

Explanation:

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False

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An attractive business climate is defined by only one dimension: it minimizes the political risk to a company.
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4 0
3 years ago
In what year was the EEOC established<br> O<br> A. 1970<br> B. 1930<br> C. 2007<br> D. 1965
Maslowich

Answer:

D. 1965

Explanation:

The Civil Rights Act of 1964 is a civil rights and labor law in the United States of America that prohibits discrimination in employment, segregation in schools, and enforces the constitutional voting rights of the citizens.

The Civil Rights Act of 1964 was enacted by the 88th US Congress and signed into law on the 2nd of July, 1964 by President Lyndon B. Johnson.

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2 years ago
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