The correct answer is retailing.
Retailing is the process of selling goods and services to individuals for their personal use. You have stores, which are considered to be retailers of particular goods and services, and then you have customers who go there to buy those goods and services.
<span><span>Checking accounts: best for unrestricted access to funds; typically worst for earning interest.
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Savings accounts: good for earning some interest with quick access to funds.
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Money market accounts: can have higher interest than savings accounts, plus some check-writing and ATM access.
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Certificates of deposit (CDs): highest interest rates in exchange for most-limited access to funds</span></span>
Answer:
All cash flows other than the initial investment occur at the end of periods.
All cash flows generated by the investment project are immediately reinvested at a rate of return equal to the discount rate.
Explanation:
Net present value method: In this method, the initial investment is subtracted from the discounted present value cash inflows. If the amount comes in positive than the project is beneficial for the company otherwise not.
In the net present value, the yearly cash flows other than the initial investment is occur at the end of the period as all the yearly cash flows are discounted at the present value factor.
And, the discount rate is equal to the rate of return
So, these two statements are correct.
Answer:
The appropriate stock price is $103.97
Explanation:
Given Dividends $1 075 000 Retained Earnings $3 225 000, Shares 715 000
PE ratio 17.3, SP ?
The PE ratio is a measure of stock price relative to earnings
PE = SP/EPS
So we need to calculate earnings per share in order to get stock price
EPS = Earnings /number of shares
Retained earnings = Net Income - dividends so to get net income we add dividends to retained earnings (Earnings and net income are the same thing)
=$4 300 000
EPS = 4300000/715000
=$6.01
plug in the values in PE ratio formula
17.3 = SP/ 6.01
SP = 17.3*6.01
SP = $103.97
