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
Troyanec [42]
3 years ago
15

Innovative Components is a manufacturer of computer parts. The company recently reported earnings of $2,014,802. In addition, In

novative Components has 402,500 shares issued and outstanding. The company has a PE ratio of 24.6. Innovative Components is part of the computer parts industry which has an industry PE ratio of 25.6. Using industry information, estimate the intrinsic value of Innovative Components’ equity per share? A) $ 5.01 B) $ 64.08 C) $128.15 D) $123.14
Business
1 answer:
sp2606 [1]3 years ago
6 0

Answer:

C) $128.15

Explanation:

The computation of the intrinsic value of Innovative Components’ equity per share is shown below:

= Retained earnings ÷ number of shares issued × PE ratio

= $2,014,802 ÷ 402,500 shares × 24.6

= $128.15

We simply applied the above formula so that the intrinsic value of Innovative Components’ equity per share could come

and ignored the company PE ratio of 24.6

You might be interested in
Is Criminal investigator a venture?<br> thanks
finlep [7]

Explanation:

Is there a private detective that the venture capital company contracts? Does it investigate the start fraud? Answer 5 SHART Redux Time Reports REQUEST PLUS REQUID TIME REPORTS can be far from this growth list. Have you ever been online and offline? Later below the procedure for reporting such incidents. 1 Answer  Paul Cohn, I made that VC answered on August 4, 2015. Risk capital Working process is very complete and it will be difficult to detect any kind of fraud. VC sometimes helps diligent using an external company. In general, VCs do not adopt private detective, but often use a company that verifies the background verification. Some of the background control companies may exceed recording recording, but can do a private research work as necessary, but it does not happen frequently (it has never disappeared so much disappeared). The records are considering the following: Confirmation of training for education A pre-employment confirmation is to find legal issues that participate in personal credit issues and find false statements of the contractor / administration team. With regard to your education and employment history, it may be possible to see if you have other legal and credit problems, do not disclose. It is very unusual to find a "fraud", but it is possible to make sure that VC asks entrepreneurs questions, and at least the contractor can confirm that all the company's product events fully advertise that you can find it. After the investment.

6 0
3 years ago
Read 2 more answers
Which government body authorized CTSOs
KIM [24]

Answer:

The U.S. Congress authorized CTSOs.

Explanation:

7 0
3 years ago
Read 2 more answers
A summary of the time tickets for the current month follows:
tester [92]

Answer and Explanation:

The journal entry to record the factory labor cost is shown below:

Work in progress  ($2,060 + $1,710 + $3,130 + $3,520 + $2,150 + $1,410 + $9,540) $23,520

Factory Overhead $10,980

         To wages payable  $34,500

(to record the factory labor cost)

Here work in process and factory overhead is debited as it increased the assets and expenses and credited the wages payable as it also increased the liabilities  

8 0
3 years ago
Volunteers serving alcohol at a special event must
mote1985 [20]

Volunteers serving alcohol at a special event must

1) firstly, volunteers must be of legal age to serve alcohol at any event.

2) Volunteers must abide by all the rules and laws for alcoholic beverages in the state where an event will take place, for example, some states or cities may require the volunteer to get a one time permit to serve alcohol.

3) Volunteers must recognize signs of intoxication and professionally refuse or give any more alcohol to intoxicated persons.

4) Volunteers must observe the ages of the guest. It might be hard to ask guests for their ID, however, if in doubt request for ID before serving alcohol, and if in trouble, reach out to management, or your superior.

5) importantly, Volunteers must not serve alcohol to minors because this might land you in jail.

3 0
3 years ago
When the interest rate in the economy was 10 percent, the price of a bond with no expiration date that paid a fixed annual inter
Nina [5.8K]

Answer:

Option D $8333

Explanation:

The value of the irredeemable bond can calculated using the Dividend Valuation Model.

The formula for the computation is:

Value of the Bond = Interest paid / rate of return on a similar bond

Value of the Bond = $500 / 6% = $8333.33

Note that initially the bond was worth $5000 which can be calculated with the same formula:

Value of the Bond = $500 / 10% = $5000

The net increase is $3333

So the correct answer is option D.

7 0
3 years ago
Other questions:
  • Dividing an organization’s manufacturing jobs into drill press, milling, heat treat, and assembly areas is an example of groupin
    9·1 answer
  • Kristina is working at a job that she finds boring and unmotivating. one day she initiates a search for a new job. what kind of
    5·2 answers
  • Lucy and Fred want to begin saving for their baby's college education. They estimate that they will need $120,000 in eighteen ye
    6·1 answer
  • Elegant Decor Company's management is trying to decide whether to eliminate Department 200, which has produced losses or low pro
    8·1 answer
  • You are given the following goal at work - Using the manufacturing parts list of 200 items and count the inventory in the wareho
    15·1 answer
  • A results-only work environment allows employees to ________.
    12·1 answer
  • Do some independent research on Nicholas Carr (the author of "IT Doesn’t Matter") and explain his current position on the abilit
    7·1 answer
  • The project represented by this resource load chart has a maximum limit of 6 units of resource activity in any day. The first ac
    13·1 answer
  • A wheat farmer who wants to hedge the crop he plans to harvest next june should do what?
    15·1 answer
  • True or false one of the advantages of a home equity loan is that you can borrow money anytime up to the approved amount
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!