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valina [46]
3 years ago
7

The Rose Co. has earnings of $1.40 per share. The benchmark PE for the company is 15. What stock price would you consider approp

riate
Business
1 answer:
77julia77 [94]3 years ago
5 0

Answer:

$21

Explanation:

The earning per share of Rose Co. is $1.40

The benchmark PE of the organization is 15

We are required to find which stock price would be most appropriate

Therefore, the stock price can be calculated as follows

Stock price= Benchmark PE×Earning per share

= $1.40×15

= $21

Hence the stock price that would be considered appropriate is $21

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Eddi Din [679]

Answer: Negative Sales Mix Variance

Explanation:

With regards to the above question, the company has a negative sales mix variance. First and foremost, we should know that the sales mix variance simply has to do with the difference between the actual sales mix and the budgeted sales mix of a company or organization.

From the question, there'll be negative sales mix variance and this will bring about a reduction in the revenue of the company as the budgeted sales will be lesser than actual sales. Therefore, Profit also reduces.

6 0
2 years ago
A group of newly recruited employees were bullied by senior members of the facilities team. Jodie, one the team members who witn
ch4aika [34]

Answer:

B) Upward communication

Explanation:

Upward communication defines that the employees follow hierarchy from downward to upward which means a lower employee to a higher. For example Worker to supervisor and supervisor to Manager. Upward communication is the most effective source in every organization as traditional forms of communication increasingly become less common.

Therefore as per the situation, Senior members of the facilities team had intimidated a group of newly hired workers. Jodie, one of the team members who observed the event, wrote a letter detailing the harassment incident to her division manager. In this case, Jodie is engaging in upward communication.

5 0
3 years ago
NEED ASAP!!!!!!<br><br> How do people skills and self-management skills differ?
tankabanditka [31]

Answer:

people skills is how you work well with others or deal with being around them and self management is how you react and deal with yourself.

8 0
3 years ago
The Library is a new bar in town. Unlike the other bars in town, it charges no cover charge. The new bar has also priced its bee
My name is Ann [436]

Answer: B. Penetration pricing

Explanation:

Penetration pricing is a strategy that is used by new companies in a market to capture market share from more established competitors. The process is for the new company to charge a lesser price than the amount that the other companies are charging which will bring people to the new firm for patronage.

It will thus capture market share and due to the high demand, be able to make profits due to Economies of Scale.

By charging less than its competitors, the new bar's owner is most likely pursuing a Penetration Strategy.

5 0
2 years ago
On december 31, 2015, wintergreen, inc., issued $150,000 of 7 percent, 10-year bonds at a price of 93.25. wintergreen received $
alexandr1967 [171]
The entry to record the issuance includes a debit to Cash for $139,875 (or par of $150,000 x 0.9325=139,875), a debit to Discount on Bonds Payable for $10,125 (or par value of $150,000 - issue price of $139,875), and a credit to Bonds Payable for $150,000 (the par <span>value).
</span>Amount repaid = Interest payments of $105,000
20 x ($150,000 x 7% x ½))  = $105,000 + $150,000 (par value paid at maturity)= $255,000
Total bond interest expense = $255,000 – $139,875 = $115,125
7 0
3 years ago
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