1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
vesna_86 [32]
3 years ago
7

Sankey Co. has earnings per share of $4.40. The benchmark PE is 197 times, What stock price would you consider appropriate? A. 4

2.98 B. $2410 C. $65.73 D. $86.68E. $44.77
Business
1 answer:
shepuryov [24]3 years ago
4 0

Answer:

$44.77

Explanation:

Sankey corporation has earning per share of $4.40

The benchmark PE is 197 times

Therefore the appropriate stock price can be calculated as follows

= 197/4.40

= $44.77

Hence the appropriate stock price is $44.77

You might be interested in
Hershey's decides to start using a compostable material in which to wrap their chocolate. Unfortunately, this material begins br
OLEGan [10]

Answer:No

Explanation: the company requested to the team to develop an alternative to improve the client's satisfaction and reduce loss

5 0
3 years ago
The mean width of 12 iPads is 13 cm. The mean width of 8 Kindles is 12 cm. 2 pts
MissTica

Answer:

see below

Explanation:

Mean is the average of a set of data or numbers. if the mean is 13, it implies that on average, the width of one iPad is 13cm.

a). Width of 12 iPads is 13cm.

Total width will be 12 x 13

= 156 cm

b). Total width of candles

mean of 8 candles is 12 cm

total width = 8 x 12

=96 cm

c).  mean of iPads and candles

=width of iPads + width of candles divided by total of candles and iPads

= (156cm + 96cm) / (12 + 8)

=252 /20

=12.6 cm

7 0
3 years ago
Koch traded Machine 1 for Machine 2 when the fair market value of both machines was $50,000. Koch originally purchased Machine 1
nexus9112 [7]

Answer:

The right answer is $50,000

Explanation:

Simply put, adjusted basis is the cost of an object after factors that affects the cost has being considered. These factors usually include taxes, depreciation value and any other cost incurred in getting and retaining the said object. Adjusted basis is important so as to know the right amount to sell.

Adjusted basis increases when an individual factors the cost incurred from taxes and maintenance ad it reduces when he/she factors in depreciation.

In the case of Koch, he already exchanged his machine for another at $50,000, as far as he is concerned at that moment, the adjusted basis is $50,000 because it was exchanged in a fair market.  

8 0
3 years ago
Lee is the product manager for a software program sold by Company ABC. In evaluating the product, Lee determines that something
dezoksy [38]

Answer:

Explanation: The marketing mix consists of a number of factors that a producer usually exploits in order to influence consumers to purchase his/her products and services.

The marketing mix consists of:

- Product

- Price

- Place

- Promotion.

The above are usually called the 4Ps of marketing.

Of the four factors of the marketing mix, the factor that will the easiest for Lee to change will be the price.

This is because, often times, the price of a product or service will be the major determinant in the success of said commodity, and this is due to the fact that customers will compare the product being offered with its price in order to judge whether the product is worthy of the value placed on it.

Therefore, in order for Lee to influence the potential customers to make purchases, the price of the software program will be the easiest to be reviewed, and it should be set to a level where potential customers will be influenced to exchange their money for the software program.

8 0
3 years ago
At the beginning of 2016, Gannon Company received a three-year zero-interest-bearing $1,000 trade note. The market rate for equi
notka56 [123]

Answer:

d. Overstate, understate, understate, zero

Explanation:

The amount of earnings overall is the same. so, in the end, there is n difference in retained earnings.

But, on accrual accounting, the note should not enter the accounting as 1,000 as time value of money exist.

At 2016 the sales revenue should be the present value of 1,000 dollars not the complete 1,000 dollars. Thus, is overstated.

Then, the interest accrued from the note are not recognized. Thus, the first year (2016) recognize revenues that should be matched with 2017 and 2018

Thus, these two subsequent years ended understated.

6 0
3 years ago
Other questions:
  • When defining its market segments, the xyz company identifies groups based on characteristics such as age, gender, income, and e
    9·1 answer
  • When comparing two distributions, it would be best to use relative frequency histograms rather then frequency histograms when?
    11·1 answer
  • ______ is the use of a variety of statistical analysis tools in marketing research to uncover previously unknown patterns in dat
    8·1 answer
  • 12. A food handler notices that the water temperature of the sanitizing solution is too low. Should the food handler use the san
    15·1 answer
  • Wayne Company is considering a long-term investment project called ZIP. ZIP will require an investment of $142,104. It will have
    10·1 answer
  • How should the financial interests of stockholders be balanced with varied interests of stakeholders? If you were writing a code
    15·1 answer
  • g Brief Exercise 186 For the items listed below, indicate whether the item is an asset, liability, or stockholders' equity item.
    9·1 answer
  • The following are budgeted data: January February March Sales in units 16,000 22,000 19,000 Production in units 19,000 20,000 18
    9·1 answer
  • Taryn’s organization places high value on employees who are confrontational and aggressive in their relationships with others. T
    13·1 answer
  • During 2011, Gum Co. introduced a new product carrying a two- year warranty against defects.
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!