Quick Launch Rocket Company, expects its sales to increase by 50 percent in the coming year. The firm's current earnings per share (EPS) is $3.25. Its degree of operating leverage is 1.6 and its degree of financial leverage is 2.1. What is the firm's projected EPS for the coming year?
A. $3.25
B. $5.46
C. $10.92
D. $8.71
E. $19.63
Answer: D
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Justin is a human resource manager at an advertising firm. Justin proposes that the company adopt defined-benefit plans to attract and retain employees. In which situation will this benefit be most valuable to the firm's employees?
A. if the firm employs young and creative minds B. if all the employees are under the age of 30 C. if the nature of work demands college graduates D. if the firm mainly employs freelancers E. if the firm employs experienced, older people
Which of the following is NOT an example of a commission-based payroll fraud?
a. Creating fictitious sales. b. Manipulating the number of hours worked and the rate of pay. c. Falsifying the value of sales made by altering prices listed on sales documents. d. Overstating sales by claiming sales made by another employee or in another period.
The balance in the Bonds Payable is a credit of $74,000. The balance in the Premium on Bonds Payable is a credit of $1600. What is the bond carrying amount?
A) $1600 B) $75,600 C) $74,000 D) $72,400
Product planners need to consider products and services on three levels. At the third level, product planners must build ________
A) an actual product B) an augmented product C) core customer value D) a brand personality E) a basic product