Answer:
A. $66
Explanation:
The price of the company's common stock can be determined by multiplying the industry's price/earning ratio by the earnings per share. If the price/earning ratio is 12, and earnings per share are $5.50, the stock price is:

Therefore, the answer is alternative A. $66.
Answer:
$2,122,426
Explanation:
The computation of the amount that must to pay for the retirement of the mortgage is given below:
But first we have to determine the monthly payment i.e. PMT by using excel function
PV=-$2,250,000
RATE = 7.2% ÷ 12 = 0.6%
N = 12 × 30 = 360
FV = 0
PMT = $15,272.73
Now we have to determine the future value
Given that
PV=-$2,250,000
RATE = 7.2% ÷ 12 = 0.6%
N = 12 × 5 = 60
PMT = $15,272.73
So, FV = $2,122,425.62
Answer:
$21,000
Explanation:
Amount Received $11,000 ( Under Property Damage)
Amount Received $1,000 ( Under Medical Coverage)
Amount for Vehicle Damage ( Vehicle damage - Collision deductibles ) = ( $9,500 - $500 ) = $9,000
Total Amount Paid by policy = ($11,000 + $1,000 + $9,000) = $21000
Therefore , total amount paid by policy for this damage is $21000 .
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