Answer:
The number of shares needed to raise $26 miliion will be 590909 shares.
Explanation:
To calculate the number of shares needed to raise $26 million, we first need to findout the price per share at which shares are issued. The fair value or the price per share can be caclculated using the constant growth model of the DDM approach. Thus, the price per share today will be:
P0 = 2.46 / (0.1024 - 0.0465)
P0 = $44.007 rounded off to $44
Thus, at the price of $44 per share, number of shares needed to raise $26 million will be:
No of shares = 26,000,000 / 44 = 590909.0909 rounded off to 590909 shares
Answer:
B. to reflect usage of services on a fair and equitable basis
Explanation:
Base on the scenario been described in the question, all of the following except to reflect usage of services on a fair and equitable basis is not an objectives for computing full cost . This is because if we at the other options like to reflect production's "fair share" of costs , to instill a consideration of support costs, to provide for cost recovery, they all give objective for computing full cost.
The price of the stock divided by the profits per share of the stock is known as the price-earnings ratio. Investors typically study this carefully before deciding to invest in something because this equation helps them realize what their profits will be.
Answer:
Opportunity to engage in misconduct
Explanation:
Ethical decisions can lead to misconduct within an organisation and can result in unbearable losses. Firms and organisations try to maintain a proper ethical structure within an organisation to stop unethical practices. An ethical decision can be changed because of manger's influence, moral standards and an opportunity to engage in misconduct. Opportunity leads to confusion and change of mind that can affect ethical decision making.