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iVinArrow [24]
3 years ago
7

Sunset Corp. currently has an EPS of $2.21, and the benchmark PE for the company is 21. Earnings are expected to grow at 5 perce

nt per year. a. What is your estimate of the current stock price
Business
1 answer:
storchak [24]3 years ago
8 0

Answer:

$46.41

Explanation:

Sunset corporation has an EPS of $2.21

The benchmark PE is 21

The earnings are expected to grow at 5 % per year

Therefore the current stock price can be calculated as follows

= benchmark PE × earnings per share.

= 2.21 × 21

= $46.41

Hence the estimate of the current stock price is $46.41

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Answer:

2. Limited supply would increase the price

Explanation:

In the given case the vendor sells in advance four thousand units for $300. While the installed capacity of the factory being to produce 1000 smartphones every month.

Expected sales being 500 units per month.

During the first few months, since the seller has already successfully sold 4000 smartphone units, high demand for the smartphones is evident.

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And since the supply is limited, the seller will have to increase the price as the demand is lot more.  

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Answer:

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Explanation:

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Lindell sells $100 of goods to a customer. The customer pays with a personal check. Recording this transaction will include a
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If the customer pays with a personal check. Recording this transaction will include a Debit Cash $100.

<h3>
Journal entry</h3>

Based on the information given since Lindell sells good of the amount of $100 to a customer in which the customer pays with a personal check the appropriate journal entry to record this transaction will includes;

Lindell journal entry

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