Answer:
(a) $10 million
(b) $1 per share
(c) $49
(d) 25 %
Explanation:
(a) Estimated net earnings for next year.
Sales next year = $100 million
Net profit margin = 10%
Net profit margin = Net Income ÷ Sales
Net Income = 10% × $100 million
= $10 mil
lion
(b) Next year's dividends per share.
Dividend payout = Dividends paid ÷ Net Income
= 50%
Dividends paid = $10 × 50%
= $5 mil
lion
Per share dividend = Dividend paid ÷ Shares outstanding
= $5 million ÷ 5 million
= $1 per share
(c) The expected price of the stock (assuming the P/E ratio is 24.5 times earnings).
Earnings per share:
= Net income ÷ shares outstanding
= $10 million ÷ 5 million
= $2 per share
P/E Ratio = Price per share ÷ Earnings per share
Price per share = $2 × 24.5
= $49
(d) The expected holding period return (latest stock price: $40 per share).
= (Final price - Initial price + Dividend) ÷Initial Price
= ($49 - $40 + $1) ÷ $40
= 25%
Answer: A: the time required for monetary policies to take effect
Explanation:
The impact lag also known as the response lag is the time it takes for corrective monetary and fiscal policies, designed to smooth out the economic cycle or respond to an adverse economic event, to affect the economy once they have been implemented.
For instance, during the last recession, several policies were introduced by the government to manage the situation . The time it takes for the citizens to feel the impact of these policies is known as the impact lag phase.
234 with twelve chickens in a row of the other one
Answer:
To write the articles of incorporation
Explanation:
An article of incorporation involves a set of documents being filed with the government or a government body with respect to the legal documentation or registration or establishment of a corporation.
Also known as the certificate of corporation, it usually contains general and important information about the corporation. This information includes name of company, type of company, business of the company, the type of stock to be issued, etc.
As regards Rebecca Siddoway, writing an article of incorporation means her company, Country candies has been formally and legally registered with the government. This will attract investors as the certificate of corporation will serve as a show of commitment on the part of the firm as well as the confidence that the company is not trying to swindle him or her.
Cheers
Answer:
a business process
Explanation:
A business process -
It refers to the steps involved to complete a particular task or project in an organisation or company , is referred to as a business process .
It is the set of activities or task , which are followed and performed till the completion of the project .
Hence , from the given information of the question ,
The correct term is a business process .
