Answer:
The Intrinsic value is calculated by multiplying the Earnings per share by the P/E ratio.
1. The lowest P/E ratio is 21.37 so the intrinsic value is;
Intrinsic value = 2.1 * 21.37
= $44.88
2. Highest P/E ratio is 23.49
Intrinsic value = 2.1 * 23.49
= $49.33
3. The average P/E ratio is;
= (22.07 + 23.49 + 21.37)/3
= 22.31
Intrinsic value = 2.1 * 22.31
= $46.85
According to Adam smith, by pursuing its self-interest (maximizing profits), a firm tends to meet the needs of society.
<h3>
Who is Adam smith?</h3>
Scottish economist and philosopher Adam Smith was a leading proponent of political economy and a pivotal figure in the Scottish Enlightenment. According to Adam Smith's economic theory, markets typically function most effectively when the government keeps out of the way. A result of Adam Smith's beliefs on capitalism, free markets, and supply and demand, he is referred to as the "father of economics." Smith supported the idea of taxing income, profits, sales, and labor.
The Law of Demand and Supply, the Law of Self Interest, and the Law of Competition are Adam Smith's three economic laws. According to these laws, sufficient commodities would be produced at the lowest cost to satisfy demand in a market economy, and better items would be produced at lower costs owing to competition.
Hence, According to Adam smith, by pursuing its self-interest (maximizing profits), a firm tends to meet the needs of society.
To learn more about Adam smith refer to:
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The correct answer is C. Stock
When you buy stocks, you buy pieces of the company. You trade stocks on a stock market.
When installing its own ERP software and databases on the
cloud hardware, it is most likely using the PaaS or also known as the Platform
as a Service in which is a category that focuses on services in cloud computing
that has benefits for customers as this allows them to manage their
applications.
Answer: d. 3 years
Explanation: Gender identity is a personal sense of what gender an individual is. It may or may not be the same thing as the gender registered at birth. Before age 3, children hardly notice the differences but at this age, they are aware of their environment and the basic differences between the two genders.
At this age, most children identify as their birth gender as they learn from the environment their gender expectations; from their family, school,religious organisations; and they are aware of the fundamental differences between the genders.
