Answer:
a) $66.24
b) $77.28
Explanation:
The price to earnings ratio (PE ratio) is a valuation used by investors to determine if a stock is overvalued or undervalued.
Payment for stock is the product of Benchmark PR ratio and earnings per share.
Given that the earnings per share is $3.68 per share
a) If the benchmark PE for the company is 18
Payment for stock = Benchmark PR ratio × earnings per share = 18 × $3.68 per share = $66.24
a) If the benchmark PE for the company is 21
Payment for stock = Benchmark PR ratio × earnings per share = 21 × $3.68 per share = $77.28
A) increase the efficiency of gift-giving because they allow the recipient to consume goods that provide greater utility and transfer away those goods that are less satisfying.
Utility is the satisfaction that a consumer gets from a good or service, and picking the items that they want themselves provides the best efficiency of choosing goods.
Accumulate sales, direct expenses, indirect expenses by department toggle button Accumulate sales, direct expenses, indirect expenses by department.
<h3>What is direct expenses?</h3>
A direct expense is one that is proportional to the volume of a cost object. Any item for which you are assessing expenses, including as items, product lines, services, sales areas, workers, and consumers, is referred to be a cost object.
Thus, option A is correct
For further details about direct expenses, click here:
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