Global Warning's EPS for the current year is $2.75 and its current P/E ratio is 50. You have forecasted that EPS will grow by 10% but the P/E ratio will fall to 40

What do you expect the price of a share of GW's stock to be at the end of next year?
A) $110
B) $121
C) $137.50
D) $151.25


Answer: B

Business

You might also like to view...

Recognition is ________.

A. a passive physiological process of gathering sound waves and transmitting them to the brain for analysis. B. the phase of the listening process in which a listener focuses attention on a specific sound or message being received from the environment. C. the ability to gain, store, retain, and recall information in the brain for later application. D. a process that occurs in thinking when a previously experienced pattern, event, process, image, or object that is stored in memory is encountered again.

Business

Many communication scholars have linked nonverbal immediacy with ______.

a. respect b. popularity c. honesty d. liking

Business

Which of the following is not true about auditing stockholders' equity transactions?

a. The auditor usually uses a substantive approach. b. The number of equity transactions with outside parties is usually small. c. The dollar amount is usually immaterial. d. An approach using only tests of details is most commonly used to audit equity accounts.

Business

Which category describes the cognitive processes through which needs are translated into behavior?

A. component theories B. content theories C. process theories D. procedure theories

Business