The retail analyst at Morgan-Sachs values stock of the GAP at $38.00 per share. They are using the average industry "forward" P/E ratio of 17. Their forecasted earnings per share for next year is
A) $0.54.
B) $1.50.
C) $2.24.
D) There is not enough information calculate earnings per share.
Answer: C
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Mr. Roberts has a team comprising several members who have worked for him for more than five years and have much knowledge of the jobs that they perform. Mr. Roberts sometimes gets very busy, and when this happens, he will often ask several of his team members to get together and make a decision pertaining to some problem on their own. This behavior would be described as ______.
a. autocratic b. consultation c. participation/facilitation d. delegation
Choose the correct verb in parentheses. The stock (raised, rose) 4 percent yesterday
Adhesion Contracts. Patricia Aiken suffered a heart attack and was hospitalized at Phoenix Baptist Hospital and Medical Center, Inc At the time of her admission, the Aikens told the hospital that they did not have the money to pay for medical care. At
the same time, Patricia's husband, Thomas, signed an agreement to pay her medical expenses. He did not read what he signed, no one explained the agreement to him, and he later claimed to have been so upset that he could not remember having signed anything. When the bills were not paid, the hospital filed a suit in an Arizona state court against the Aikens. The court ruled in favor of the hospital, and the Aikens appealed. They argued that the agreement was an adhesion contract obtained under circumstances that made it unenforceable. Were the circumstances such that the agreement may have been unenforceable? Discuss fully.
Which of the following groups generally is charged with creating value through the process of organizing, coordinating, and leveraging employees as well as other forms of capital such as plant, equipment, and financial capital?
A. stakeholders B. boards of directors C. managers D. unions