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
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:

You might be interested in
Of these common educational requirements for Finance careers, select those you are most interested in achieving. Check all that
Nataly [62]

Answer:

The correct options are Advanced degree after a traditional four year college degree and On the Job training Experience.

Explanation:

If I like to persuade my career in the Finance Field, I would definitely go for the Four Year degree program in finance and then do Advance education in the concerned field. Then i would like to get the on the job training experience in the finance department of a renowned company to have a true learning experience of the finance field in real time. This would prepare me to become fully knowledgeable about the finance matters before entering into the market as a finance professional. So getting advance degree after basic degree in finance and getting the on the job training would be my choices for Finance Careers.  

3 0
3 years ago
Read 2 more answers
Whats a good way to make more money from $9.00,
Ymorist [56]
Your answer: work more hours
7 0
3 years ago
Mountain river adventures offers whitewater rafting trips down the colorado river. it costs the firm $100 for the first raft tri
Natalka [10]
Add the first four numbers than u will need to know what increased means it means u either add or subtract $150 and than u find your answer
4 0
3 years ago
Suppose 90-day investments in Britain have a 6% annualized return and a 1.5% quarterly (90-day) return. In the U.S., 90-day inve
Vilka [71]

Answer:

1 pound = $1.6582

good luck

5 0
3 years ago
Hey does anyone have any good communication sites?
N76 [4]

Answer:

Try Discord

Explanation:

Discord is an instant messaging app where you can get involved with the community, its free! I hope this helps have a nice day! ;)

5 0
2 years ago
Other questions:
  • A company issues $15,000,000, 7.8%, 20-year bonds to yield 8% on January 1, 2019. Interest is paid on June 30 and December 31. T
    13·1 answer
  • Because there isn't one single measure of inflation, the government and researchers use a variety of methods to get the most bal
    9·1 answer
  • A company can sell all the units it can produce of either Product A or Product B but not both. Product A has a unit contribution
    8·1 answer
  • In the short run, prices may rise faster than costs. This chapter discusses why this might happen. Suppose that labor and manage
    11·1 answer
  • This savings plan is offered by an employer and employees contribute money to it each pay period
    6·1 answer
  • The Babylonians in sumer used what as a monetary commodity ?
    7·1 answer
  • The part of a stock's return that is systematic is a function of which of the following variables?
    7·1 answer
  • 1. On January 1, 2018, Golden Company purchased a delivery truck for $64,000. The van was estimated to have a 5-year useful life
    13·2 answers
  • HELP Question 3: To determine gross profit, A:subtract the cost of goods sold from sales.
    9·2 answers
  • The presence of diversity (i.e., disparate points of view and perspective), faciliates creativity because __________ are natural
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!