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ivolga24 [154]
3 years ago
11

11) Domergue Corp. currently has an EPS of $3.76, and the benchmark PE for the company is 21. Earnings are expected to grow at 5

.1 percent per year. (4 pts.) a) What is your estimate of the current stock price? b) What is the target stock price in one year? c) Assuming the company pays no dividends, what is the implied return on the company’s stock over the next year?
Business
1 answer:
balandron [24]3 years ago
8 0

Answer:

(a) 78.96

(b) 82.99

(c) 5.10

Explanation:

The current stock price can be calculated as follows

= 3.76 × 21

= 78.96

The target stock price in one year can be calculated as follows

= 3.76(1+5.1%)×21

= 3.76×(1+0.051)×21

= 3.76×1.051×21

= 82.99

The implied return on company's stock over one year can be calculated as follows

= 82.99-78.96/78.96

= 4.03/78.96

= 0.0510× 100

= 5.10

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Answer:

False.

Explanation:

A stateful firewall surveys all the traffic for a particular connection and investigates the packets containing the data to seek out sequences and patterns that are incongruent.

A stateless firewall examines each packet on a case-by-case basis and it does not have any prior information and avoids making predictions of what should come next.

Hence, the assertion in the question is false.

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3 years ago
the ____ is a federal government agency that offers both managerial and financial assistance to small businesses
hjlf
Small business administration.
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Tetra Co. uses the perpetual inventory system and a FIFO cost flow method. On January 1, the company purchased 2,400 units of in
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Answer:

The options are not correct:

Dr costs of good sold  $15,800

Cr inventory                                   $15,800

Explanation:

The 4,400 units sold consist of the 2,400 units purchased on 1 January at $4.00 per unit and the balance of 2,000 units from the purchase made on January 12 at $3.10 per unit

cost of goods sold=(2,400*$4)+(2,000*$3.10)=$15,800

The cost of goods sold is $15,800 ,neither is it $11,900 nor $11,800

The appropriate entries is to debit costs of good sold with $15,800 while merchandise inventory is credited with $15,800

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3 years ago
Libra Electronics specializes in manufacturing computers and computer accessories. As a means to expand business operations, the
iragen [17]

Answer:

The correct answer is letter "E": strategic plan.

Explanation:

The strategic plan of a company is a managerial tool that allows companies to establish what to do and the path that it has to walk to reach its set objectives considering the changes in demand of its surrounding environment. In such a way, it is a critical key for decision-making within any entity.  

<em>The strategic planning provides a real frame for managers and stakeholders so they can understand and evaluate the current situation of the company moreover when the firm is struggling or pursuing exploring new markets.</em>

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Answer:

d

Explanation:

A perfect competition is characterized by many buyers and sellers of homogenous goods and services. Market prices are set by the forces of demand and supply. There are no barriers to entry or exit of firms into the industry.  

In the long run, firms earn zero economic profit.  If in the short run firms are earning economic profit, in the long run firms would enter into the industry. This would drive economic profit to zero.  

Also, if in the short run, firms are earning economic loss, in the long run, firms would exit the industry until economic profit falls to zero.  

Perfectly competitive market consists of a large number of firms, and each firm is small relative to the entire market. This makes firms unable to set the prices for their goods.

It is the monopoly and oligopoly market structure that is characterised by high entry and exit into the market

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