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
Vadim26 [7]
3 years ago
7

Same company as in RA 5.3: Stock price of $42, earnings of $2.12 per share during the last twelve months, forecasted earnings of

$2.84 over the following year, and average earnings growth forecast of 12.5% per year for the next five years. What is this stock's Forward P/E ratio, rounded to one decimal place
Business
1 answer:
luda_lava [24]3 years ago
6 0

Answer:

P/E ratio = $14.78

Explanation:

Market value per share = $42

earning per share = $ 2.84

As we know that:

           Price earning ratio = market value per share / earning per share

                                         =  $42 / 2.84

                                          = $14.78

      Price earning ratio is an indicator to investor whether to invest in this company long term or not.

You might be interested in
Martha and Gordon purchased a home for $175,000 six years ago with a 5.5 percent, 30-year $140,000 mortgage. Their home now has
aliya0001 [1]

Answer:

The correct answer is A that is $76,000

Explanation:

Home equity is the market value of a home owner un-mortgaged interest in the real property, which is the difference among the home's fair market value and the outstanding balance of all liens on the property.

So, it is computed as:

Home Equity = Market value - Outstanding balance

= $210,000 - $134,000

= $76,000

4 0
3 years ago
Justine has just started a company that makes notebooks and other stationery items out of recycled materials. She has decided to
Zigmanuir [339]

Answer:

10% is a high-profit margin

Explanation:

Since Justine is just starting her new business this might actually be a bad idea because 10% is a high-profit margin. In new business, you need to start off with very small profit margins in order to attract customers with low prices and grow a loyal customer base. Once the business begins to grow and sales start kicking up then you may begin increasing your profit margins.

4 0
3 years ago
Recently, the level of gdp has declined by $60 billion in an economy where the marginal propensity to consume is 0.75. aggregate
Paha777 [63]

Answer:

a. $45 billion.

Explanation:

The aggregate expenditures must have fallen by = 0.75*$65 billion

                                                                                   = $45 billion

Therefore, The aggregate expenditures must have fallen by $45 billion.

8 0
3 years ago
In a criminal tax case, Darth Vader was charged with several counts of tax evasion and filing a false income tax return, stemmin
Vitek1552 [10]

Answer:

<em>Darth's response is not adequate as he has systemically illegitimately manipulated the Jedi's assets to evade taxes. Therefore all those funds in question will be taken into account when measuring Jedi's taxable income. </em>

It can be inferred after that that that the Jedi has some existing gain / retained earnings or not.

<em>When Darth considers himself guilty, he shall be liable for charges of fine, reward and prosecution under sec.7201.</em>

<em></em>

7 0
3 years ago
What are the main purposes of a budget?
disa [49]
In the context of business management, the purpose of budgeting includes the following three aspects:

•A forecast of income and expenditure (and thereby profitability)

•A tool for decision making

•A means to monitor business performance
7 0
3 years ago
Read 2 more answers
Other questions:
  • Happyland Happyland, a country of about 48 million people with beautiful beaches, vast natural resources, and a highly skilled l
    10·1 answer
  • A human resource employee who works in many different areas likely has a ______ job. a. generalist b. knowledge c. technical d.
    15·1 answer
  • One drawback of mailed marketing surveys is
    6·2 answers
  • Bellsouth Mobility (BM) ran a pricing trial in order to estimate the elasticity of demand for its services. The manager selected
    6·1 answer
  • Sam has two options this weekend. He could work at his job and earn $9/hour for three hours, or he could go to a show at the the
    9·1 answer
  • Select the statement that is not a component of a standard housing lease?
    15·1 answer
  • "Sally is in charge of erecting billboards along highways. The billboards display the logos of newly launched brands in the mark
    7·1 answer
  • Chip is a veteran who fought in Desert Storm. He has just retired from the military. He has been told he qualifies for a propert
    12·1 answer
  • Parks Corporation is considering an investment proposal in which a working capital investment of $10,000 would be required. The
    9·1 answer
  • A label on foods prepared and packaged onsite for retail sales must list which information?
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!