Strictly speaking, the price-earnings ratio assumes that firm value is the

a. future value of a constant stream of expected future earnings, discounted at a constant expected future risk-free rate.
b. future value of a constant stream of expected future earnings, discounted at a constant expected future discount rate.
c. present value of a constant stream of expected future earnings, discounted at a constant expected future risk-free rate.
d. present value of a constant stream of expected future earnings, discounted at a constant expected future discount rate.


D

Business

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Based on reports by ethics officers themselves, what is their biggest barrier to providing effective ethics training?

a. lack of interest by employees b. lack of resources c. unethical behavior by upper management d. failure to train HR personnel

Business

JDI, Inc is trying to decide whether to make or buy a part (#J-45FPT). Purchasing the part would cost $1.50 each. If they design and produce it themselves, it will result in a per unit cost of $0.75. However, the design investment would be $50,000

Further, they realize that for this type of part, there is a 30% chance that the part will need to be redesigned at an additional cost of $50,000. Regardless of whether they make or buy the part, JDI will need 100,000 of these parts. Using decision trees analysis and EMV, what should JDI do? Show the decision tree.

Business

From the information given below, prepare a November income statement, a November statement of retained earnings, and a November 30 balance sheet. On November 1 of the current year, Victoria Garza, the sole stockholder, began Garza Décor with an initial investment of $50,000 cash in exchange for common stock. On November 30, her records showed the following items and amounts.Accounts payable$12,000Office Furnishings$40,000Accounts receivable  19,000 Rent expense9,600Cash  21,200Salaries expense4,200Dividends  6,000Telephone expense250Fees earned  34,000Common stock50,000Notes payable  4,250??

What will be an ideal response?

Business

A quantitative method used to evaluate multiple locations based on total cost of production or service operations is called:

A) break-even analysis. B) the transportation method. C) a preference matrix. D) the load-distance method.

Business