Answer:
$24.15
Explanation:
The formula for determining is the present value of a cash flow in perpetuity provided below:
share price=last dividend*(1+terminal dividend growth rate)/(required rate of return-terminal dividend growth rate)
last dividend=$2.30
terminal dividend growth rate=5%
required rate of return=15%
share price=$2.30*(1+5%)/(15%-5%)
share price=$2.415 /10%
share price=$24.15
Sankey Co. has earnings per share of $4.40. The benchmark PE is 197 times, What stock price would you consider appropriate? A. 42.98 B. $2410 C. $65.73 D. $86.68E. $44.77
Answer:
$44.77
Explanation:
Sankey corporation has earning per share of $4.40
The benchmark PE is 197 times
Therefore the appropriate stock price can be calculated as follows
= 197/4.40
= $44.77
Hence the appropriate stock price is $44.77
Edelman Engines has $16 billion in total assets — of which cash and equivalents total $120 million. Its balance sheet shows $3.2 billion in current liabilities — of which the notes payable balance totals $0.84 billion. The firm also has $7.2 billion in long-term debt and $5.6 billion in common equity. It has 400 million shares of common stock outstanding, and its stock price is $27 per share. The firm's EBITDA totals $1.404 billion. Assume the firm's debt is priced at par, so the market value of its debt equals its book value. What are Edelman's market/book and its EV/EBITDA ratios? Do not round intermediate calculations. Round your answers to two decimal places.
Answer:
market/book ratio = 1.93
EV/EBITDA ratio = 15.01
Explanation:
market/book ratio = market price per share / book price per share
market price per share = $27book value per share = $5,600,000,000 / 400,000,000 = $14market/book ratio = $27 / $14 = 1.93
EV/EBITDA ratio = EV (enterprise value) / EBITDA
enterprise value = market value of equity + total liabilities - cash & cash equivalents = $10,800,000,000 + $10,400,000,000 - $120,000,000 = $21,080,000,000EBITDA = $1,404,000,000EV/EBITDA ratio = $21,080,000,000 / $1,404,000,000 = 15.01
Which of the following statements best explains why income alone does not determine
wealth?
Investing is the only factor that contributes to wealth building,
How much money a person makes does not dictate his or her spending and saving
behavior.
Income alone does determine a person's wealth.
Only people who are natural savers can become wealthy.
Answer:
[tex]\boxed {\boxed {\sf B. \ How \ much \ money \ a \ person \ makes \ doesn't \ dicate \ their \ spending/saving \ behaivor }}[/tex]
Explanation:
Wealth is the amount of assets someone has, minus the debts.
It is made up of a variety of assets, like cars/vehicles, homes/real estate, stocks, savings, income, bonds, and more.
In addition, the debts have to be subtracted. Each person has a different amount of debt, depending on their situation (education, home, vehicle, business, etc). Also, everyone spends different amounts of money, and saves differently.
So, the best answer is: how much money a person makes does not dictate his or her spending and saving behavior.
How is a credit union different from a bank?
A credit union offers services to companies instead of individuals.
A credit union only offers credit; it does not store money.
A credit union is usually larger than a bank.
A credit union is owned by its customers.
Answer:
D
Explanation:
A credit Union is owned by its customers.
Answer:
D
Explanation:
A credit union is owned by its customers.
Lollipop, Inc., is expected to grow at a constant rate of 9 percent. The company will pay a dividend of $2.75 next year and the current price of the stock is $37.35. If investors require a return of 18% on similar stocks, how much is the stock worth and is it a good buy?
a . No, it is not a good buy because the stock is worth $30.56
b. Yes, it is a good buy because the stock is worth 37.35
c. No, it is not a good buy because the stock is worth $9.50
d. None of the above
Answer:
a . No, it is not a good buy because the stock is worth $30.56
Explanation:
Calculation for how much is the stock worth and is it a good buy
Using this formula
Stock worth=D1/(Required return-Growth rate)
Let plug in the formula
Stock worth=2.75/(0.18-0.09)
Stock worth=2.75/0.09
Stock worth=$30.55
Stock worth=$30.56(Approximately)
Based on the above calculation we can see that the current price of the stock of the amount of $37.35 is higher than the current worth amount of the stock of the amount of $30.56 which indicates that " No, it is not a good buy because the stock is worth $30.56"
How does a market demand curve differ from an individual demand curve? How are they similar?
Answer:
The market demand curve shows the quantities demand by everyone who is interested in purchasing the product, while the term demand curve is used to describe the demand of an individual.
The point of ______ it to get companies to think about the broader market, rather than only optimizing their own needs. This can avoid price wars.
A. conjoint analysis
B. game theory
C. elasticity
D. Competition
Answer:
B. Game theory.
Explanation:
This said theory was first geared by a mathematician John von Neumann and also an economist Oskar Morgenstern in the 1940s.
It is explained to be a science of strategy, or at least the optimal decision-making of independent and competing actors in a strategic setting.
It is a strategy which explains also that decision making is seen to depend on what the opposing or counter player is seen to do in may cases. Therefore what a lot of people tag to be luck or even a pure or natural chance is said to be eliminated by the plans which has been put to place by the opposing players.
A job was budgeted to require 4 hours of labor per unit at $11.00 per hour. The job consisted of 7,000 units and was completed in 24,000 hours at a total labor cost of $312,900. What is the direct labor rate variance?
Answer:
$48,900 Adverse
Explanation:
The direct labor rate variance seeks to establish the difference in the wage rate that was budgeted for and the one actually incurred on the quantities used.
direct labor rate variance = Aq × Ap - Aq × Sp
= (24,000 hrs × $13.04) - (24,000 hrs × $11.00)
= $312,900 - $264,000
= $48,900 Adverse
Among us how can u play on a school iPad
Answer:
pretty sure you canttttttttttttttttttttttttt
GRITO stock is currently selling for $46.10 a share. If the company is expected to pay a dividend of $5.60 a year from now and dividends are not expected to grow thereafter, what is the market capitalization rate (or, required rate of return) for a share of GRITO stock?
a. 7.56%
b. 8.23%
c. 10.50%
d. 12.15%
Answer:
d. 12.15%
Explanation:
The computation of the market capitalization rate is shown below:
As we know that
Market capitalization rate = Expected dividend ÷ current price
= $5.60 ÷ $46.10
= 12.15%
Hence, the market capitalization rate is 12.15%
Therefore the correct option is d. 12.15%
We simply applied the above formula so that the correct value could come
And, the same is to be considered
Federal facilities, and the security measures they require, are divided into five levels. A ________ facility has more than 450 employees, 80,000 to 250,000 square feet of office space, and a high volume of public contact.
Answer:
Level IV
Explanation:
Security levels of United States Federal buildings are used to allocate safety measures such as glazing to reduce injury from broken glass, distance for traffick to the building, and prevention of building collapse.
There are levels one to five.
Level IV facilities has more than 450 employees, 80,000 to 250,000 square feet of office space, and a high volume of public contact.
Usually used by law enforcement or ntelligence agencies such as ATF, FBI, DEA, and Federal courts
A worker wants to set aside some money for retirement, hoping to live off the interest income. If the interest rate is 10% and the worker wishes to draw interest of $50,000 per year, how much should the worker save before retirement? a) 50,000,000 b) 1,000,000 c) 10,000,000 d) 500,000
Answer:
d) 500,000
Explanation:
The amount that the worker is expected to save before retirement is the present value of the expected annual withdrawal using the interest rate of 10% as the discount rate:
savings balance at retirement=yearly cash withdrawal/interest rate
yearly cash withdrawal=$50,000
interest rate=10%
savings balance at retirement=$50,000/10%
savings balance at retirement$500,000
Explain what us meant by the phrase “ethical behavior”.
Answer: Something is ethical if it does not cause harm and society considers it to be good. Ethical behavior is generally any action that furthers a good outcome for someone else without causing intentional harm to anyone.
Explanation:
If something produces no harm and is seen as morally upright by society, it is ethical. A general definition of ethical behavior is any action that helps someone else without intentionally hurting someone else.
What is “ethical behavior”?Ethical behavior is characterized by honesty, justice, and equity in interpersonal, professional, and academic relationships as well as in research and intellectual endeavors.
A few examples of ethical workplace conduct include adhering to company standards, communicating clearly, accepting responsibility, being accountable, acting professionally, and having faith in and respect for your coworkers.
People must act morally if we want to speak the truth, keep our word, or help a complete stranger. An ethical framework that helps us avoid unfair results and makes decisions that have a good impact on the world serves as our guidance for daily decision-making.
Thus, If something produces no harm and is seen as morally upright by society.
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October 2010, the amount of money held by individuals and companies was $893.4 billion; checkable deposits owned by the same individuals and companies were $345.6 billion; money market funds were $1.9423 trillion; savings deposits were $989.4 billion, finally, time deposits were $243.8 billion.
What is the M1 for October 2010?
Answer:
M1 $1.24 trillion
M2 $4.41 trillion
M1 and M2 money have several definitions, ranging from narrow to broad. M1 = coins and currency in circulation + checkable (demand) deposit + traveler's checks. M2 = M1 + savings deposits + money market funds + certificates of deposit + other time deposits.
A borrower signs the note and mortgage for a re-finance on his principal residence on Thursday, Dec. 31. What is the earliest day the funds for this loan could be disbursed (assuming no bona fide financial hardship)?
Answer: The earliest the funds could be disbursed would be Wednesday the 6th.
Explanation:
Federal holidays and Sundays are not counted when considering the 3business days rescission period for loans principal residences. The borrower has the opportunity till midnight on these 3 business days after landing papers are signed, the days are Saturday, Monday and Tuesday. With this consideration's, the earliest the funds could be disbursed would be Wednesday the 6th.
D. Galaxy Jewelers sells diamond necklaces for $299.00 less 25%. Brilliant Jewelers
offered the same necklace for $350.00 less 35%, and 10%. What additional rate of
discount must Galaxy offer to meet the competitor's price?
In terms of the global marketplace there are three primary types of companies: international firms, multinational firms, and transnational firms.The key factor that distinguishes one from another is:________. A) the firm's financial capacity to take risks. B) the willingness and ability to embrace diversity. C) the firm's orientation toward and strategy for global markets and marketing. D) the relative position of the product or service in terms of its life cycle. E) the relative size of the firm both in financial terms and in production capacity.
Answer: C) the firm's orientation toward and strategy for global markets and marketing.
Explanation:
International firms are firms that has its main headquarters in a particular country while still having offices in other countries.
For a multinational firms, products are being marketed to different countries in different ways while a transnational firm is a firm that deals with the production of goods and services internationally in more than a country.
The key factor that distinguishes one from another is the firm's orientation toward and strategy for global markets and marketing.
Here is a attached photo to my problem needing a answer
Answer:
That is a good photo that is a problem that needs an answer.
Explanation:
It doesn't have a photo :))
A fruit juice company decides to focus on its specialty of creating fruit juice and to rely on other business partners to fill in the supply chain gaps. Which strategy is this juice company creating? a. a pricing strategy b. a marketing strategy c. a channel strategy
Answer:
The correct answer is the option B: a marketing strategy.
Explanation:
To begin with, when it comes to the term of deciding whether how to operate the primary business of the company and how to explode it as much as it can be exploded then we are talking about a marketing strategy that it has to be defined by the managers of the organization and that is due to the fact that in that strategy they will see how to communicate that the product is in sale, to whom the product should be sold, which is the price at what the price should be sold and where and when the product should be sold. So basicaly the marketing campaign will focus on how the product should be taken care in order to sell more and increase the profits and by deciding that the rest of the supply chain should be taken care by other business partners then the decision will be taken from the marketing strategy.
In this scenario, the juice company is creating a channel strategy by relying on other business partners to fill in the supply chain gaps
A channel strategy means a company's plan to move its product through a distribution chain to the final consumers
Here, the fruit juice company does not want to distribute the product to the end user itself, rather, its wishes to rely on the business partners to fill in the supply chain gaps.
Therefore, the strategy been created by the fruit juice company is known as channel strategy.
In conclusion, the Option C is correct.
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which of the following would be considered a want rather than a need for most people?
Gallardo Co. is involved in a lawsuit as a result of an accident that took place September 5, 2017. The lawsuit was filed on November 1, 2017 and claims damages of $1,000,000. (a) At December 31, 2017, Gallardo's attorneys feel it is remote that Gallardo will lose the lawsuit. How should the company account for the effects of the lawsuit? (b) Assume instead that a December 31, 2017, Gallardo's attorney feel it is probable that Gallardo will lose the lawsuit and be required to pay $1,000,000. How should the company account for this lawsuit? (c) Assume instead that at December 31, 2017, Gallardo's attorneys feel it is reasonably possible that Gallardo could lose the lawsuit and be required to pay $1,000,000. How should the company account for this lawsuit?
Answer:
Following are the solution to the given points:
Explanation:
In point a, As it would be impossible that although the failure of the lawsuit is remote, the same cannot be recorded as well as avoided.
In point b, Its prosecutor thinks Gallardo's failure of the case (which would be likely to occur) is therefore likely to be reported throughout the books, that legal expenses must be paid and the civil responsibility measured at $10,00000 credited.
In point c, In the case is fairly probable, this can occur only if it is reported throughout the corresponding Balance Sheet accounts.
What analysis considers both the impact on the cot and availability outcomes in determining at what level each maintainenance action will be performed, contributing to a cost-effective preventative maintainence program?
Answer:
Level of repair analysis (LORA)
Explanation:
Level of repair analysis (LORA) is used by businesses to determine the optimal time for repair, replacement, or discarding of an aseet.
It takes into consideration cost of the proposed activity and operational readiness or availability outcomes of the business.
For example when a production process contains many assemblies LORA is a great way to provide prompt replacement or disposal of parts that could adversely affect performance.
Since optimal performance is being attained in production process, it will result in a cost-effective preventative maintainence program
What is an advantage of taking out a long-term loan instead of a short-term
loan?
A. A long-term loan usually requires a low debt-to-income ratio.
B. A long-term loan usually has a lower total cost.
C. A long-term loan usually has a lower interest rate.
D. A long-term loan usually requires no credit check.
One of the major advantages of taking a long-term loan is that a long-term loan usually has a lower interest rate. Therefore (C) is the correct option.
What is a long-term loan?A long-term loan is a financial instrument with a one-year maturity. Both private and public institutions are accepting applications for this loan. Collateral is generally needed for long-term loans.
The loan's interest rate is lower than that of a short-term loan because it must be repaid over a three-to ten-year period.
Therefore, (C) is the correct option.
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A shift from labor to equipment is:
Answer:
In summary, labor supply is the total hours that workers or employees are willing to work at a given wage rate. Changes in income, population, work-leisure preference, prices of related goods and services, and expectations about the future can all cause the labor supply to shift to the right or left.
Culver Corporation bought equipment on January 1, 2017. The equipment cost $460000 and had an expected salvage value of $45000. The life of the equipment was estimated to be 6 years. The depreciation expense using the straight-line method of depreciation is:_____.a. $84167.
b. $92000.
c. $69167.
d. none of these.
Answer:
Annual depreciation= $69,166.67
Explanation:
Giving the following information:
Purchase price= $460,000
Salvage value= $45,000
Useful life= 6 years
To calculate the depreciation expense, we need to use the following formula:
Annual depreciation= (original cost - salvage value)/estimated life (years)
Annual depreciation= (460,000 - 45,000) / 6
Annual depreciation= $69,166.67
Determine the internal rate of return for a project that costs $167,000 and would yield after-tax cash flows of $22,000 per year for the first 5 years, $30,000 per year for the next 5 years, and $43,000 per year for the following 5 years. a) 14.94% b) 11.97% c) 13.38% d) 11.51% e) 14.19%
Answer:
e) 14.19%
Explanation:
Let IRR be x% . At IRR, Present value of inflows = Present value of outflows.
167,000 = 22000/1.0x + 22000/1.0x^2 + 22000/1.0x^3 + 22000/1.0x^4 + 22000/1.0x^5 + 30,000/1.0x^6 + 30,000/1.0x^7 + 30,000/1.0x^8 + 30,000/1.0x^9 + 30,000/1.0x^10 + 43000/1.0x^11 + 43000/1.0x^12 + 43000/1.0x^13 + 43000/1.0x^14 + 43000/1.0x^15
x = 0.1419
x = 14.19%
Hence, the internal rate of return for the project is 14.19%
Marlow Company purchased a point of sale system on January 1 for $5,600. This system has a useful life of 4 years and a salvage value of $500. What would be the depreciation expense for the second year of its useful life using the double-declining-balance method?a. $1,275.b. $1,336.c. $2,550.d. $2,800.e. $1,400.
Answer:
Annual depreciation= $1,275
Explanation:
Giving the following information:
Purchase price= $5,600
Useful life= 4 years
Salvage value= $500
To calculate the annual depreciation, we need to use the following formula each year:
Annual depreciation= 2*[(book value)/estimated life (years)]
Year 1:
Annual depreciation= 2*[(5,600 - 500) / 4]
Annual depreciation= $2,550
Year 2:
Annual depreciation= 2*[(5,100 - 2,550) / 4]
Annual depreciation= $1,275
CBA Inc has 400,000 shares outstanding with a $5 par value. The shares were issued for $12. The stock is currently selling for $34. CBA has $5,000,000 in retained earnings and has declared a stock dividend that will increase the number of outstanding shares by 6%. How many shares will be outstanding after the stock dividend?
Answer:
The number of shares that will be outstanding after the stock dividend is 424,000 shares.
Explanation:
This can be calculated as follows:
Number of shares outstanding before the stock dividend = 400,000
Percentage increase in the number of outstanding shares after stock dividend = 6%
Number of increase in the number of outstanding shares after stock dividend = Number of shares outstanding before the stock dividend * Percentage increase in the number of outstanding shares after stock dividend = 400,000 * 6% = 24,000
Therefore, we have:
Number of shares outstanding after the stock dividend = Number of shares outstanding before the stock dividend + Number of increase in the number of outstanding shares after stock dividend = 400,000 + 24,000 = 424,000
Therefore, the number of shares that will be outstanding after the stock dividend is 424,000 shares.
The shape of the production function reflects the law of diminishing marginal product of labor.a. Trueb. False
Answer: True
Explanation:
Looking at the Production Function you will notice that Output increases at different rates to input added. First output increases at an increasing rate then at a constant rate then at a decreasing rate.
This shows the concept of the Law of Diminishing Marginal returns because as more input(labor) was added, at some point the output started increasing at a decreasing rate till it gets to a point where marginal returns will be negative.
The reason for this is that each worker is now working with less capital than before (assuming capital doe not change) and so will only produce less.
How might different types of office design influence employee social interaction, collaboration, and creativity? Should there be encouraged even in organizations without an innovative culture?
Answer:
The definition is defined in the clarification section following, according to the particular circumstance.
Explanation:
As either a consequence of any understanding that growing the success of their workforce would be the primary objective, certain corporations are rational organizations. Whenever we prefer seeing it as a data work economy, therefore say that perhaps the organization's workers are the driver that makes the business develop, grow and innovate. Via the job style, the efficiency of the employees of the organization could be supported and overall productivity could be exaggerated by enhancing their quality of life as well as wellbeing.From arranging the surface including its ground, the function style could be done to allow the naturally lightweight to infiltrate into another surface in an incredibly appropriate volume. As an example, organizations are going to use sunglasses throughout areas where privacy is not necessary. The views should be expanded and the outside room including its offices should then be provided to the workers for their use. In recess, workers can be encouraged to go somewhere so they can relax.Employees may also be equipped with headphones or modern techniques such as auditory masking to concentrate on their output without distracting them from being interrupted. It can also be normal for break spaces to construct the workers to feel pressure incredibly very challenging day. If businesses do not have a creative culture, so they can mutually enable workers to be discomfort and also have a straightforward mindset through thinking and they'll use something in their jobs or otherwise exaggerate performance, although as a consequence of the whole fashion. These are not created, they are the basic needs that should be supplied by every organization.