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mojhsa [17]
3 years ago
13

When Google's share price reached $475 per share, Google had a P/E ratio of about 68 and an estimated market capitalization rate

of 11.5%. Google pays no dividends. Approximately what percentage of Google's stock price was represented by PVGO
Business
1 answer:
Mumz [18]3 years ago
3 0

Answer:

87.2 %

Explanation:

When Google share price reached $475 per share, Google had a P/E ratio of 68

The market capitalization rate is 11.5%

= 11.5/100

= 0.115

The first step is to calculate the earnings per share

= 475/68

= 6.99

The PVGO can be calculated as follows

= 475-(6.99/0.115)

= 475-60.78

= 414.22

= 414.22/475

= 0.872 × 100

= 87.2%

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When performing the managerial task of planning, managers organize people into departments according to the kinds of job-specifi
Shkiper50 [21]

Answer:

decide which goals the organization will pursue and what strategies will achieve those goals.

Explanation:

To perform the planning task, managers identify and select appropriate organizational goals and courses of action; they develop strategies for how to achieve high performance. The three steps involved in the planning area

(1) deciding which goals the organization will pursue,

(2) deciding what strategies to adopt to attain those goals, and

(3) deciding how to allocate organizational resources to pursue the strategies that attain those goals. How well managers plan and develop strategies determines how effective and efficient the organization is—its performance level.

5 0
3 years ago
Topic : Payroll ​<br><br>Please answer as soon as possible.
sashaice [31]

Answer:

1. Vera = $400

2. Colin = $780

3. Messy = $54

4. Goyoh = $5,600

Explanation:

<em>Requirement 1 & 2</em>

<em>1. Vera Dunhill's gross salary - </em>

Hourly income = $10

As she has worked 40 hours for the current week, the gross salary is as follows -

Weekly Income (Gross Salary) = Number of hours worked × Hourly Income

Weekly Income (Gross Salary) = 40 hours × $10 = $400.

<em>2. Colin George's Gross Salary -</em>

Hourly Income = $15

Overtime hourly rate = $15 × 1.5 (for first 4 additional hours) = $22.5

Overtime hourly rate = $15 × 2 (for further additional hours after 4 additional hours) = $30.

As Colin has worked for 47 hours, his gross salary is =

($15 × 40 hours) + ($22.5 × 4 hours) + ($30 × 3 hours)

= $780

<em>Requirement 3 & 4</em>

<em>3. Messy's gross salary - </em>

Peeling guavas at $2 per kilogram. As the Messy has peeled 27 kilogram guavas, his gross salary = $2 × 27 kilogram = $54

<em>4. Goyoh's gross salary -</em>

Basic Salary = $800

Commission = 4% of sales

Current year's sales = $120,000

It means, he will receive the basic salary and commission on sales as a gross salary.

Therefore, Gross Salary = $800 + ($120,000 × 4%)

Gross Salary = $800 + $4,800

Gross Salary = $5,600

For the job purpose, he will receive the basic salary and for the performance purpose, he will receive the commission as well.

4 0
4 years ago
7. Identifying costs of inflation Bob manages a grocery store in a country experiencing a high rate of inflation. He is paid in
stiks02 [169]

Answer:

Shoe-leather Costs.

Explanation:

In this scenario, Bob manages a grocery store in a country experiencing a high rate of inflation. He is paid in cash twice per month. On payday, he immediately goes out and buys all the goods he will need over the next two weeks in order to prevent the money in his wallet from losing value.

What he can't spend, he converts into a more stable foreign currency for a steep fee. This is an example of the Shoes-leather costs of inflation.

A Shoe-leather costs refers to the costs of time, energy and effort people expend to mitigate the effect of high inflation on the depreciative purchasing power of money by frequently visiting depository financial institutions in order to minimize inflation tax they pay on holding cash.

Metaphorically, it ultimately implies that in order to protect the value of money or assets, some people wear out the sole of their shoes by going to financial institutions more frequently to make deposits.

Hence, Bob is practicing a shoe-leather cost of inflation so as to reduce the nominal interest rates.

5 0
4 years ago
If you have to reject a job offer because it isn't what you wanted, what is the best step to take?
BartSMP [9]
C because it is the the answer
4 0
3 years ago
Read 2 more answers
The Goldfarb Company manufactures and sells toasters. Each toaster sells for $24.45 and the variable cost per unit is $16.65. Go
Tasya [4]

Answer:

$67860

Explanation:

sell price of each toaster= $24.45

variable cost per unit= $16.65

total fixed cost= $25,700

number of unit sold x= 8700

the formula for contribution margin is

= sales price- variable cost

= (s-v)x

putting values we get

= (24.45-16.65)\times8700

= $67860

Hence the contribution margin the above case will be $67860

8 0
4 years ago
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