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KIM [24]
3 years ago
5

Rory is the CFO of McIlroy Golf Designs Inc. MGDI earned $13 million last year and maintains a 30% dividend payout ratio. The co

mpany has 2 million shares of common stock outstanding and a P/E ratio of 10. What is the price per share of MGDI's stock
Business
1 answer:
BaLLatris [955]3 years ago
5 0

Answer:

<u>Price per share of MGDI's stock is $78</u>

Explanation:

Earnings per share=Total earnings/Shares of common stock outstanding

=(13/2)=$6.5

PE ratio=Stock price/Earnings per share

Stock price=$6.5*12

=$78.

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Computers makes 5 comma 900 units of a circuit​ board, CB76 at a cost of $ 290 each. Variable cost per unit is $ 220 and fixed c
blondinia [14]

Answer:

There is a loss on buying from outside supplier ,Peach's offer should not be accepted.

Explanation:

Variable cost is a cost that varies with number of units produced or sold so it is always a relevant cost while making decision.

Fixed cost remains constant irrespective of number of units so it is a irrelevant cost unless avoidable.So in the given case ,fixed cost $70 is irrelevant since same will be incurred whether purchased or manufactured.

Incremental savings  

Saving in variable cost   220

saving in fixed cost   25

Total saving                   245

less: Incremental cost (270)

Incremental profit /(loss) on buying from outside supplier (25)

Total loss 25*5900= -147500

Therefore, There is a loss on buying from outside supplier ,Peach's offer should not be accepted.

4 0
3 years ago
Christy enjoys baking pies from fresh fruit, especially blueberries, blackberries, and strawberries. When she goes to the market
Bess [88]

Answer:

Christy's demand for blackberries is elastic.

Explanation:

Christy purchases blueberries, blackberries, and strawberries. When the price of blackberries rises to a small extent, Christy will instead purchase strawberries or blueberries.  

This shows that the demand for blackberries is elastic. Elastic demand refers to the situation when a small change in price causes the quantity demanded to change to a great extent.

6 0
3 years ago
The first step in the target marketing process is to develop positioning strategies. determine whether to use a market segmentat
Hunter-Best [27]

Answer:

Identify markets with unfulfilled needs.

Explanation:

The first step in the target marketing process is to identify markets with unfulfilled needs. The organization first needs to study what the customers are looking for. Either they will find a gap and see what need is still unfulfilled or they will create a need.

In either of the cases, they will be looking for chances to make a product that the customers will be tempted to buy, which would lead their sales to increase.

4 0
3 years ago
You're an agency that needs to know the technical specifications to build and implement your upcoming video campaign. Where can
8_murik_8 [283]

Answer:

D is the correct option

Explanation:

Google display specification site is to be used if you want to find how ad format works, creative submission timeline, technical specifications, reporting and third party tracking. It is a part of google ad sense. Ad sense is a program by google through which the website publisher in the Google Network of content site serve the text, images and other interactive media advertisements targeted at specific contents.

6 0
3 years ago
Natalie, age 17, rented a power washer and while using the machine, she negligently damaged it beyond repair. Under the majority
anzhelika [568]

Answer:

False

Explanation:

Natalie can return the washing machine without being liable for any replacement costs. Natalie is a minor, and minors cannot legally sign a contract except for purchasing necessities, e.g. food, clothes.  

Since the washing machine probably had a significant cost, there should have been a written contract between the parties. The rental company should have requested Natalie some type of legal identification before renting the washing machine and signing the contract. Their only possible defense is that Natalie used a forged ID when she rented the machine, and that they were ticked by it.

But if the rental company cannot prove that Natalie tricked them using some fake ID, then Natalie has the right to void the contract and return the item. It doesn't matter if the washing machine suffered damages or not, Natalie is not liable for any reparation or replacement costs.  

8 0
3 years ago
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