All categories

3 years ago

Which of the following statements is most true of order-getting salespeople?

Business

1 answer:

melisa1 [442]3 years ago

3 0

Answer:they seek out possible buyers and sue an organized creative approach to present messages

Explanation:

You might be interested in

Bamba Corporation's cost formula for its selling and administrative expense is $47,900 per month plus $52 per unit. For the mont

Oksanka [162]

I think it is D
Hope my answer help you

4 0

3 years ago

Perine, Inc., has balance sheet equity of $5.4 million. At the same time, the income statement shows net income of $783,000. The

S_A_V [24]

Answer:

The target stock price in one year is $149.93

Explanation:

Fly Away, Inc., has

Balance sheet equity of (E) = $ 5,400,000

Also, the income statement shows net income of (NI) = $783,000.

The company paid dividends of (D) = $438,480

Shares of stock outstanding (N) = 100,000

Benchmark PE ratio = 18

Question = what is the target stock price in one year?

We need the expected EPS at the end of next year and not this year.

EPS this year, E₀ = NI / N

= 783,000 / 100,000

= $ 7.83

Retention Ratio, "R" = 1 - Dividend payout ratio = 1 - D/NI

= 1 - 438,480 / 783,000

= 1 - 56.00%

= 44.00%

Return on equity, ROE = NI / E

= 783,000 / 5,400,000

= 14.50%

Growth rate in earnings, g = R x ROE

= 44.00% x 14.50%

= 6.38%

Hence, expected EPS next year, E₁ = E₀ x (1 + g)

= $ 7.83 x (1 + 6.38%)

= $ 8.33

Hence, target price next year, P = Benchmark PE ratio x E₁

= 18 x $8.33

= $149.93

The target stock price in one year = $149.93

4 0

3 years ago

Machinery was purchased for $380000. Freight charges amounted to $16000 and there was a cost of $30000 for building a foundation

Charra [1.4K]

Answer:

$51501 \times 52512282 - 2.$

uashrbabbesb

5 0

2 years ago

What is a cash book used for?

Alinara [238K]

Answer:

to keep track of all business transactions in case of an audit

8 0

3 years ago

Read 2 more answers

You are analyzing a project with an initial cost of £130,000. The project is expected to return £20,000 the first year, £50,000

Mashutka [201]

Answer: Net Present Value = -$19,062

Explanation:

First, we'll compute the PV for the respective years

Present Value (Year-1)

= $0.6211 \times [1 + (0.055 - 0.06)]^{1}$

=0.6179945

Present Value (Year-2)

= $0.6211 \times [1 + (0.055 - 0.06)]^{2}$

=0.614904528

Present Value (Year-3)

= $0.6211 \times [1 + (0.055 - 0.06)]^{3}$

=0.611830005

Now, we'll compute the Cash Flow for the respective years

Cash Flow (Initial)

= $-130,000\times (\frac{1}{0.6211} )$

= -$209,306.07

Cash Flow (Year-1)

= $20,000\times (\frac{1}{0.61799} )$

=$32,362.75

Cash Flow (Year-2)

= $50,000\times (\frac{1}{0.61490} )$

=$81,313.44

Cash Flow (Year-3)

= $90,000\times (\frac{1}{0.611830} )$

=$147,099.68

Net Present Value:

= -$209,306.07 + ($32,362.75/1.141)+ ($81,313.44/1.142) +($147,099.68/1.143)

= -$209,306.07 +$28,388.38 + $62,568.05 + $99,288.10

= -$19,062

3 0

3 years ago