Answer:
11.00
Explanation:
![Earnings \: per \: share = \frac{net \: income}{shares}](https://tex.z-dn.net/?f=Earnings%20%5C%3A%20per%20%5C%3A%20share%20%3D%20%5Cfrac%7Bnet%20%5C%3A%20income%7D%7Bshares%7D)
36,000 net income
200,000 common stock / $4 per share= 50,000 shares
36,000 / 50,000 = 0.72 earnings per share
![price-earnings \: ratio = \frac{market\: price}{EPS}](https://tex.z-dn.net/?f=price-earnings%20%5C%3A%20ratio%20%3D%20%5Cfrac%7Bmarket%5C%3A%20price%7D%7BEPS%7D)
7.92 / 0.72 = 11
I think it’s higher the risk and the lower present value
Answer:C. Simultaneous production and consumption.
Explanation:
Production and consumption occuring at the same time will not make products to differ.
Heterogenity which refers to different qualities in firms will lead to different products. Time perishable capacity which means idle time during low patronage will still allowed products differences, Abilities to limit the discretionary input of personnel will not debar product differences and Customer provides significant input into the process will allowed products differences.