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
Elena L [17]
3 years ago
8

A firm has a stock price of $59.50 per share. the firm's earnings are $85 million, and the firm has 20 million shares outstandin

g. the firm has an roe of 12% and a plowback of 75%. what is the firm's peg ratio?
Business
1 answer:
NeX [460]3 years ago
7 0
47 47 47 47 47 47 47 47 47 47 47 47 47 47 47 47 47 47 47
You might be interested in
If the public debt of a country in 2009 was $12,752,000,000 in the budget for 2010 was in deflicit by $201,645,000,000, what was
gtnhenbr [62]
Y = $12,752,000,000,000 + $201,645,000,000 = 12,953,645,000,000
x = $12,752,000,000,000
r = ?n = 2010 - 2009y = x(r + 1)ⁿ
12,953,645,000,000 = 12,752,000,000,000 * (r + 1)¹
12,953,645,000,000 ÷  12,752,000,000,000 = (r + 1)¹
1.016 = r + 1
r = 1.016 - 1
r = 0.016
y = $12,752,000,000,000    (since it is in 2009, this is future value)
x = ?   (initial value in 2007
r = 0.016
n = 2009 - 2007 = 2


y = x(r + 1)ⁿ
12,752,000,000,000 = x(0.016 + 1)²
12,752,000,000,000 = x(1.016)²
12,752,000,000,000 = x * 1.032
x = 12,752,000,000,000 ÷ 1.032
x = 12,356,589,147,287 the answer

6 0
3 years ago
What kinds of unemployment is Naomi experiencing if she has a degree in a field that is experiencing a great deal of growth at t
saveliy_v [14]

Answer:

<em>Naomi experiences Frictional Unemployment due her movement to a new city.</em>

Explanation:

Although Naomi has a degree in a field that is experiencing a great deal of growth, her movement causes her to remain unemployed, not because she has no skill but because of the difference in the job and worker demand and supply between these two places, that is characteristic of frictional unemployment. <em>Frictional unemployment is a type of unemployment that is based on the unemployed person's circumstances</em>. It can be <em>as a result of the person trying to find a better job or as a result of the person moving from an old place to a new place</em>. This type of unemployment exists because jobs and workers have their differences, creating a type of mismatch between the supply and demand of jobs and workers.

4 0
4 years ago
Lily wants to maximize her benefit of consuming apples and bananas, given her fixed budget of $10 for these two fruits. The pric
JulijaS [17]

In order to derive Lily's demand curve for bananas, we need to solve the buyer's problem for her multiple times and find the optimal number of bananas, when price of a bananas is at a different level each time.

Explanation:

The demand curve is an intractable economic diagram that indicates the connection between an overall market demand for commodity quantity and market price.

The market demand graph is the convergence of all private market demand curves. This indicates the quantity expected by all people at different prices. For eg, the quantity expected by all advertisers at 10 dollars per day is 150 lattes.

4 0
4 years ago
Tracy Company, a manufacturer of air conditioners, sold 270 units to Thomas Company on November 17, 2021. The units have a list
tiny-mole [99]

Answer:

See explanation section

Explanation:

Requirement 1

<em>November 17, 2021</em>   Merchandise Inventory     Debit     $81,000 (Note - 1)

Accounts payable - Tracy Company                  Credit    $81,000

Calculation - $270 units × $400 = $108,000

$108,000 × (100 - 25)% = $81,000

<em>To record the purchase of office equipment on account with a trade discount and a credit terms of 3/10, n/30. As the company uses perpetual inventory system, merchandise inventory is debit.</em>

<em>November 26, 2021  </em>Accounts payable - Tracy Company   Debit   $81,000

                                   Cash                                       Credit      $78,570

                                   Merchandise Inventory         Credit      $2,430

As Thomas gave the payment within 10 days, Tracy Company provided a 3% discount according to the terms.

Calculation - $81,000 - ($81,000 × 3)% = $81,000 - 2,430 = $78,570

Requirement 2

If Thomas paid on December 15, 2021, Tracy company would not give any discount. However, Thomas paid within 30 days.

Therefore, the journal entry to record the payment is as follows:

<em>December 15, 2021  </em>Accounts payable - Tracy Company   Debit   $81,000

                                   Cash                                       Credit      $81,000

This time he did not receive the discount as he failed to pay within 10 days to get discount.

7 0
4 years ago
Bitstar global inc. is a soft-drink manufacturing company. kelly, the production manager, works with a human resource consultant
Ludmilka [50]
<span>machine. She uses a simulative approach to increase the effectiveness and efficiency. If Kelly is at the output stage of the process, then she is identifying the inputs utilized in the process for measuring the productivity.</span>
6 0
4 years ago
Other questions:
  • Your estimate of the market risk premium is 9​%. The​ risk-free rate of return is 3.7​% and General Motors has a beta of 1.7. Ac
    10·1 answer
  • Mark Allen, a Clinical Information Systems Manager at Intermountain Healthcare, must work with others to coordinate communicatio
    6·1 answer
  • Broman Group Inc. designs, manufactures, and sells consumer product dispensing systems. Jim Cole is a plant supervisor at one of
    11·1 answer
  • The following information relates to Wildhorse Co. for the year ended December 31, 2020: net income $1,305 million; unrealized h
    5·1 answer
  • Two loans same interest rate which to pay first
    6·1 answer
  • A stock has a required return of 9%, the risk-free rate is 4.5%, and the market risk premium is 3%.
    6·1 answer
  • A company purchased a commercial dishwasher by paying cash of $5,300. The dishwasher's fair value on the date of the purchase wa
    12·1 answer
  • Antelope Motors is considering which inventory costing method it should use. The business wants to maximize gross profits during
    5·1 answer
  • Companies U and L are identical in every respect except that U is unlevered while L has $16 million of 7% bonds outstanding. Ass
    6·1 answer
  • What is the system of government called in which states form a union and share sovereign power with the central government of th
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!