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AURORKA [14]
3 years ago
8

The Blooming Flower Co. has earnings of $3.68 per share. a. If the benchmark PE for the company is 18, how much will you pay for

the stock? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) b. If the benchmark PE for the company is 21, how much will you pay for the stock?
Business
1 answer:
Naddik [55]3 years ago
5 0

Answer:

a) $66.24

b) $77.28

Explanation:

The price to earnings ratio (PE ratio) is a valuation used by investors to determine if a stock is overvalued or undervalued.

Payment for stock is the product of Benchmark PR ratio and earnings per share.

Given that the earnings per share is $3.68 per share

a)  If the benchmark PE for the company is 18

Payment for stock = Benchmark PR ratio × earnings per share = 18 × $3.68 per share = $66.24

a)  If the benchmark PE for the company is 21

Payment for stock = Benchmark PR ratio × earnings per share = 21 × $3.68 per share = $77.28

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Answer:

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2. UTILITARIANISM: this theory supports actions and behaviors that brings happiness and joy to others and frowns at actions that brings sadness and unhappiness to people around us. In this case the employee is harassed which makes her unhappy so this theory labels sexual harassment as an unethical behavior.

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5 0
3 years ago
Suppose you invest 60% of your portfolio in campbell soup and 40% in boeing. the expected dollar return on your campbell soup st
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<span>Boeing stock has increased to about 41.4% while Campbell soup has decreased to about 58.5%. This is because Boeing's rate of return was significantly higher than Campbell's soup, therefore with the returns added in, the portion of the portfolio that is invested in Boeing has increased.</span>
4 0
4 years ago
If Stock A had a price of $120 at the beginning of the year, $150 at the end of the year and paid a $6 dividend during the year,
Alborosie

Answer:

B. 30%

Explanation:

Initial value (Vi) = $120

Final value (Vf) = $150

Dividends paid (D) = $6

The holding period return is defined as the change in value during the year added to the dividends paid and then divided by the initial value:

HPR = \frac{D+(V_f-V_i)}{V_i} \\HPR = \frac{6+(150-120)}{120}\\HPR = 0.30\ or\ 30\%

The stock's annualized holding period return is 30%.

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3 years ago
An organization that wants to comply with​ _______ requirements must develop a total management system for meeting environmental
alexandr402 [8]

The International Organization for Standardization (ISO) is an international standard-setting body composed of representatives from various national standards organizations.

Founded on 23 February 1947, the organization promotes worldwide proprietary, industrial and commercial standards. It is headquartered in Geneva, Switzerland, and as of 2015 works in 163 countries.

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5 0
3 years ago
On January 1, Year 1, the Mahoney Company borrowed $164,000 cash from Sun Bank by issuing a five-year 8% term note. The principa
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Answer:

Principal payment =  $27,505.00  

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Principal payment = $40,635 - 13,120 =  $27,505.00  

Principal payment =  $27,505.00  

8 0
4 years ago
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