Walmart's current earnings per share of $5.02 are expected to grow at a rate of 17% per year for the next few years. Using a P/E ratio of 13.46, what is a reasonable value for a share of Walmart Stock

What will be an ideal response?


Answer: A reasonable value for Walmart would be $5.02(1.17)(13.46)=$79.06 per share.

Business

You might also like to view...

Explain why effective communication occurs only when the source and the receiver have a mutual frame of reference

What will be an ideal response?

Business

Discuss the role of delegation of authority in design decisions.

What will be an ideal response?

Business

The development of a personal selling philosophy most likely involves:

A) a full acceptance of the limits of the marketing concept B) a full appreciation of the tenets of the free enterprise system C) a desire to sell internationally D) assuming the role of a problem-solver in helping customers make complex buying decisions E) assuming the role of a competitor for customers' business

Business

Which of the following is true of a bailment?

A) Only personal property can be used in a bailment. B) Intangible property cannot be used in a bailment. C) Only physical deliveries can become a bailment. D) All bailments must be expressed in writing to be effective.

Business