He should pay no more than $66.68 per share
Explanation:
Given ,
1. 2015: $1.00
2. 2016: $1.25
3. 2017: $1.50
Earnings per share = $4.50
P/E ratio = 20
Required rate of return = 12%
Stock price per share expressed according to P / E ratio
P/E Ratio = Market Price per share ÷ Earnings per share
20 = Market Price per share ÷ $4.50
Market Price per share = 20 × $4.50
Market Price per share = $90
Earn 12% of return
So here you discount to present value all the planned dividend and market price. use as discount factor here a necessary rate of return
present value of all amounts = 66.7
So, maximum amount that is paid to earn 12% return is $66.7
Answer:
$440,000
Explanation:
Sassy Company budgeted operating income
Operating income will be :
(20-12) $80,000 - $200,000
=8×$80,000-$200,000
=$640,000-$200,000
=$440,000
Therefore the budgeted operating income at a level of 80,000 widgets per month will be $440,000
c. history of the Great Depression
Answer:
Professionalism.
Explanation:
Professionalism can be defined as an act which typically involves the positive behavior, conduct and attitude that are being exhibited by an employee. Thus, being a professional simply means that the person displays some level of professionalism such as being responsible, punctual, excellent, ethical, respectful, dedicated, dogged etc.
Basically, it is very important and essential for employees to act in a professional manner while performing their job functions or executing various tasks.
Hence, not showing up to work on time on a regular basis could cause your manager to question your professionalism.