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vovangra [49]
3 years ago
6

In March 2017, Amazon and Clorox reported nearly identical earnings per share, but the stock price of Amazon was more than six t

imes higher than the Clorox stock price. The most likely explanation for that difference is that ________.
a. Clorox is bad for the environment
b. Amazon is a riskier company
c. investors see better long-term prospects for Amazon
d. Amazon has more shares of stock outstanding
Business
1 answer:
adoni [48]3 years ago
3 0

Answer:

c. investors see better long-term prospects for Amazon

Explanation:

As we know that Amazon has the more customer base in the market due to which the shareholder predicted the expected profit in upcoming years. The company could run in long run. Even the ompany suffered huge losses due to discount provided but the investors are ready to invest in this company as they seen there is a better and long term prospects

Therefore according to the given situation, the option c is correct

You might be interested in
In monopolistic competition, what effect do price variations generally have on the market as a whole
irinina [24]

In monopolistic competition, what effect do price variations generally have on the market as a whole?

It's no effect. 
4 0
3 years ago
Data pertaining to a company's joint production for the current period follows: L M Quantities produced 200 lbs. 150 lbs. Market
Lelechka [254]

Answer:

Joint cost value based = $396

Explanation:

Given:

Company                            L                M

Quantities produced     200 lbs       150 lbs

Market value                  $8/lb            $16/lb

Total joint cost = $660

Computation:

Market value of L = 200 lbs × $8/lbs

Market value of L = $1,600

Market value of M = 150 lbs × $16/lbs

Market value of M = $2,400

Total market value = Market value of L + Market value of M

Total market value = $1,600 + $2,400

Total market value = $4,000

Joint cost value based = $660 × ($2,400 / $4,000)

Joint cost value based = $396

4 0
3 years ago
Jerry contributed $8,000 for a 25% interest in a bookstore. He also contributed a cash register, with a fair market value of $49
Marta_Voda [28]

Answer:

The Jerry's partnership basis in the bookstore at the end of the year is $23,350.

Explanation:

Workings

Contributed Capital = $   8,000

Add: Adjusted basis of cash register = $       350

Add: Share of Profit ($60000 X 25%) = $ 15,000

Partnership basis at the end of the year = $ 23,350

8 0
3 years ago
A risky fund has an expected return of 17% and standard deviation of 25%. The risk-free rate is 9%. The expected return of the o
Marrrta [24]

Answer:

the Sharpe ratio of the optimal complete portfolio is 0.32

Explanation:

The computation of the sharpe ratio is shown below:

= (Return of portfolio - risk free asset) ÷ Standard deviation

= (17% - 9%) ÷ 25%

= 8% ÷ 25%

= 0.32

Hence, the Sharpe ratio of the optimal complete portfolio is 0.32

We simply applied the above formula

4 0
3 years ago
Lexis Company purchased equipment on January 1, 2012 for $35,500. The estimated useful life of the equipment was 7 years and the
Naddik [55]

Answer:

The depreciation expense for 2015 is $2,000

Explanation:

The computation of the depreciation expense is shown below:

= (Original cost - residual value) ÷ useful life

= ($35,500 - $4,000) ÷ 7 years

= 4,500

The depreciation for three years would be

= 4,500 × 3 years

= $13,500

The remaining amount would be

= $35,500 - $13,500

= $22,000

So, the depreciation expense for 2015 would be

= ($22,000 - $4,000) ÷ 9 years

= 2,000

7 0
3 years ago
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