Answer:
Price of share = $40.50
Explanation:
P/E ratio describes the price to earnings ratio.
Provided if P/E ratio = 13.5
And Earnings per share = $3 per share.
That means,
Price = 13.5 
3 = $40.5
Therefore, it is not dependent on dividend payout ratio, and the price = $40.50
<span>The equilibrium Price.</span>
Answer: $1,700
Explanation:
The expected winning bid is the weighted average of the 2 different bids.
Half of the bids are for $1,500 so weight of $1,500 is 0.5.
Half of the bids are for $1,900 so weight of $1,900 is 0.5.
Expected Winning bid = (1,500 * 0.5) + ( 1,900 * 0.5)
= 750 + 950
= $1,700
In most cases, Employee Health Insurance is free as the employer pays for it. It is offered by the employer as a benefit. Thus, the cost of the payable premium is not deducted from the employee's salary unless specified otherwise.
The Manger Has exercised <u>Concurrent Control</u> on Evan by taking the decision to retrain him.
Explanation:
Concurrent control as the name suggest is the type of control that takes place in the Real-time or at the time the mistake occur.It is a type of a ongoing control and is a continuous process.
This type of control is used to monitor those employees who directly interact with the customers
<u>For Example</u>: A restaurant waiter must be aware about the menu list(Starters,Main Course),A car sales man should be aware about the features of the car and its USP(Unique Selling Proportion)
