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3 years ago

11

Suppose the EPS (earnings per share) of Wal-Mart stock is $2 and the current price per earnings ratio is 10. What is the current

price of Wal-Mart stock

1 answer:

julsineya [31]3 years ago

7 0

Answer:

$20

Explanation:

Price / earnings per share = 10

earnings per share = $2

price / $2 = 10

Price = $20

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Which of the following sections of a business plan comes first but should be written last?

Naya [18.7K]

Answer:

B. The executive summary

The executive summary usually comes first but written last since it is supposed to give away the key points of the presentation in a short but precise manner to attract the reader.

Explanation:

The executive summary is a short and concise explanation of the key events that are to be further discussed in the business plan. It serves to prepare the reader for the coming events in the business plan by giving him/her an overview of the key points in the business plan. A good executive summary also serves to captivate the intended reader to want to know more about the business plan.

A good executive summary should have the following properties;

1. Captivating opening statement; the reader needs something that will draw their attention to the business plan and make them want to know more. They need an opener that is interesting.

2. Short and precise; this is where the reader needs to know that you actually understand what you are talking about. This section has to be very precise but short.

3. Problem solution; in this section, you can provide answers to a particular problem. This part also needs to be short since you are writing an overview of the solutions. The detailed explanations will be in the business plan.

4. Proof that it can be done; this is where you provide evidence that you and your team can be entrusted with the business to run it to it's success.

5. Call to action; it's now time to close the deal. Set yourself above the competition to make sure that your client has no other option but to settle for your plan.

6 0

2 years ago

Why do people start any occupation? Write down in brief.

Stels [109]

Explanation:

<em>people start any occupation in order to</em><em> </em><em>tl</em><em> earn money </em><em>generally</em><em> </em><em>but</em><em> sometimes occupation became a medium</em><em> to give </em><em>employment.</em><em>.</em><em> which is really </em><em>benefit</em><em> </em><em>our</em><em> </em><em> </em><em>country.</em><em>.</em><em>.</em>

8 0

2 years ago

Crowder Company acquired a tract of land containing an extractable natural resource. Coronado is required by its purchase contra

yulyashka [42]

Answer:

Depletion expense per ton = $3.68

Explanation:

Calculation of Total Cost

Total cost = Land + Estimated restoration costs

Total cost = $9,000,000 + 1,500,000

Total cost = $10,500,000

The depletion expenses of Crowder Company is as calculated below:

Depletion expense per ton = (Asset cost - Residual value) / No of unit depletion

Depletion expense per ton = $10,500,000 - $1,080,000 / 2,560,000 tons

Depletion expense per ton = $9,420,000 / 2,560,000 tons

Depletion expense per ton = $3.68

3 0

3 years ago

ABC, Inc. discounts a 5%, 9-month, $1,000 note with a financial institution after holding the note for 3 months. The note was re

Gnoma [55]

Answer:

interest receivable 12.50 debit

interest revenue 12.50 credit

--adjusting entry for the interest accrued--

interest expense 11.31 debit

cash 1,001.19 debit

note receivable 1,000.00 credit

interest receivable 12.50 credit

--to record early discount of the note--

Explanation:

We are going to write-off the note and check for the interest expense:

book value of the note:

principal + interest accrued

principal x rate x time = interest

1,000 x 0.05 x 3 months/12 month a year = 12.50

we had interest receivable for 12.50

1,000 + 12.5 = 1,012.5 we receive 1,001.19

interest expense: 11.31

We are following this process to avoid compensate balance as is the company earned interest during those three months and then it pay interest to get cash earlier.

8 0

2 years ago

Present value (with changing interest rates). Marty has been offered an injury settlement of $12 comma 000 payable in 3 years

lesantik [10]

Answer:

If opportunity cost is 5%, PV=10,366.05

If opportunity cost is 6.5%, PV=9,934.19

If opportunity cost is 11.5%, PV=8,656.79

Explanation:

PV=Σ $(\frac{CF_{t} }{(1+i)^{t} })$

If opportunity cost is 5%: PV = $\frac{12,000 }{(1+0.05)^{3} }$ =10,366.05

If opportunity cost is 6.5%: PV = $\frac{12,000 }{(1+0.065)^{3} }$ =9,934.19

If opportunity cost is 11.5%: PV = $\frac{12,000 }{(1+0.115)^{3} }$ =8,656.79

8 0

2 years ago