Benny is considering investing in Larkman, Inc. The current price of Larkman is $62 a share, the after-tax earnings are $37,900,000, and there are 13,000,000 outstanding shares of common stock. What is Larkman's price/earnings ratio
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Option B. 21.3 is Larkman's price/earnings ratio.
Common stock is a type of stock issued to the majority of a company's shareholders. Common shareholders enjoy certain rights that the other party to the preferred stock does not have. Instead of receiving regular payments, ordinary shareholders derive value from their stock as the company grows.
In other words, it's a way to split ownership of a company. Common stock represents the percentage of ownership of a company. For example, if a company has 100 issued shares, one share is equivalent to 1% of the company's ownership.
Common stock is a type of security that represents ownership of a company. There are other terms that correspond to common stock, such as B. Common stock, common stock, and voting stock.
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Benny is considering investing in Larkman, Inc. The current price of Larkman is $62 a share, the after-tax earnings are $37,900,000, and there are 13,000,000 outstanding shares of common stock. What is Larkman's price/earnings ratio?
a. 15.5
b. 21.3
c. 4.77
d. 17.6
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Related Questions
Beverly is creating a website for her new clothing company. Aside from including photographs, how can she use the index page to quickly attract the
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She can use bright contrasting colors and place a link to the index of summer clothing product pages and a noticeable location.
You can get a free area thru a spread of approaches, either by getting a web web hosting plan, a domain builder, an e-mail hosting plan, or via an unfastened area registrar.
A website (also written as a website) is a set of internet pages and associated content this is identified by means of a commonplace area call and published on at least one network server.
A website is a set of publicly on-hand, interlinked web pages that percentage a single area call. Websites may be created and maintained via a man or woman, group, business, or organization to serve an expansion of purposes. together, all publicly handy websites represent the arena-wide net.
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Compared to the short-run demand for oil, the demand for oil in the long run will tend to be.
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Oil has a low demand elasticity, and given how dependent the global economy is on oil, this means that demand for oil will not change much as prices change.
What is short run demand?The laws of supply and demand affect the oil industry primarily by determining the price of 'black gold'. Oil price expectations are a major factor in determining how companies in the industry allocate their resources.Prices create incentives to influence behavior. This action ultimately translates into supply and demand to determine the price of oil core paper.Oil supply is also rather inelastic given how complicated and expensive the process of setting up oil production in the first place is. Fluctuations in oil prices tend to be dramatic and often affect other parts of the global economy. Oil supply is even less elastic than most other commodities, as oil production often requires specialized investment. Much of the equipment used to mine gold and silver can be diverted to mine platinum and palladium when prices fluctuate. However, expensive equipment used for hydraulic fracturing and offshore drilling is often not usable for other purposes.To know about Short run demand with given link https://brainly.com/question/17088576
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Choose the correct description for the following money market instrument. A certificate of deposit is:
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A correct option is option (c). A certificate of deposit is a debt instrument sold by a bank to depositors that pays annual interest on a given amount and at maturity pays back a debt instrument sold by a bank to depositors that pays annual interest of a given amount and at maturity pays back the original purchase price.
What is an accurate description of money market instruments?
A variety of securities, such as short-term Treasury securities (such as T-bills), certificates of deposit (CDs), commercial paper, repurchase agreements (repos), and money market mutual funds that invest in these securities make up the money market.
Is it a certificate of deposit security?
A fixed-term investment or certificate of deposit won't deplete your capital because of market volatility. It is a safe financial vehicle with a guaranteed payout at maturity, similar to regular insurance. The money you deposit into your CD will grow steadily, so there is no possibility of losing any of it.
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The correct question is:
Choose the correct description for the following money market instrument.
Upper A certificate of deposit is a certificate of deposit is:
A.
a short dash term debt instrument issued by large banks and well dash known corporations. A short-term debt instrument issued by large banks and well-known corporations. nothing
B.
an overnight loan between banks.an overnight loan between banks.
C.
a debt instrument sold by a bank to depositors that pays annual interest on a given amount and a maturity pays back debt instrument sold by a bank to depositors that pays annual interest on a given amount and at maturity pays back the original purchase price. the original purchase price.
D.
a short dash term money market instrument issued primarily by banks and funded from corporations and a short-term money market instrument issued primarily by banks and funded from corporations and other banks through loans in which Treasury bills serve as collateral comma with an explicit agreement to pay off the debt other banks through loans in which Treasury bills serve as collateral, with an explicit agreement to pay off the debt shortly.
Normally, an employer is liable for a supervisor’s sexual harassment only if the supervisor took a tangible employment action against an employee. a. True b. False
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Calea is a nonprofit organization formed by major law enforcement executives’ associations to:______
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CALEA is a non-profit organization formed by major law enforcement executives associations to develop standards for police policies and practices.
CALEA stands for the Communication on Accreditation for Law Enforcement Agencies. It is based in the United States, and it was created in 1979 as a non-profit organization, through the joint efforts of law enforcement's major executive associations.
The purpose of CALEA is to develop standards for police policies and practices. It also improves the delivery of public safety services by maintaining a body of professional standards that support the administration of accreditation programs.
Hence, CALEA developed standards for police policies and practices.
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Long-term customer relationships _______ the cost of information collection and make it easier to _______ credit risks.
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Long-term customer relationships reduce the cost of information collection and make it easier to screen out credit risks. Credit risk is the chance of suffering a loss as a result of borrower's failure to make loan payments or fulfil contractual commitments.
It typically refers to possibility that lender won't get the main and interest that is owed, which would disrupt cash flows and raise collection costs. Excess cash flows could be written to offer more protection against credit risk. A higher coupon rate, which generates more cash flows, can be used to reduce credit risk when it is present for a lender.
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Of the various alliances discussed in the mini-case, which one, by pairing a u.s. firm with one based in istanbul, is clearly a cross-border strategic alliance?
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The DowAksa firm is the one based in Istanbul that is clearly a cross-border strategic alliance such as as various alliances discussed in the mini-case.
What is a strategic alliance?This refers to the arrangement between two companies to undertake a mutually beneficial project while each retains its independence.
The DowAksa is an exemplary case of a thriving 50/50 Turkish-American joint venture that helps to brings one of the most strategic products in the world preferred by global companies to Turkey.
This firm is 50:50 joint venture between Aksa that is world leader in acrylic fiber and Dow that is a leading global materials science company.
Therefore, the Option A is correct.
Missing options "a. DowAksa b. Cisco and IBM c. SkyTeam d. First Solar, Inc. and SunPower Corporation"
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If demand increases while supply remains unchanged the equilibrium price of the product will?
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If the supply stays the same and the demand increases, the equilibrium price, and quantity increase. Increased demand increases demand volume, increases competition in the market, and increases product prices.
Demand is the quantity of goods that consumers are willing to purchase at various prices over a period of time. The relationship between price and quantity demanded is also called the demand curve.
Demand is the number of consumers willing and able to purchase a product at various prices over a period of time. Demand for goods refers to consumers' desire to purchase goods and their willingness and ability to pay for them.
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Ani contributes pre-tax dollars to an account managed by her employer for her health care. If she does not spend all of her money by the end of the year, she may forfeit it. What kind of plan does he have
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He can plan about FSA (Flexible Spending Account).
What is Flexible Spending Account?Consider opening a flexible spending account (FSA) if you want to reduce the cost of your medical costs. With an FSA, people can use pre-tax money to pay for a variety of costs that their health or dental insurance doesn't cover, such as co-pays and coinsurance as well as specific health care requirements like prescription and some over-the-counter medications, feminine hygiene products, contact lenses, and glasses.
FSAs are capped at $2,850 annually per employer.
If you're married, your partner may contribute up to $2,850 to an FSA through their job as well. However, you cannot use FSA funds to pay for insurance premiums; only deductibles and copayments are eligible.
Both over-the-counter drugs with a prescription and prescription meds for prescription use are covered by FSA money. Without a prescription, insulin reimbursements are accepted.
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A student who just graduated from college but has not found a job would most likely be:.
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A common tax credit available to college students just starting their education is the:a. Lifetime Learning Credit.b. Premium Tax Credit.c. Earned Income Credit.d. American Opportunity Credit.
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A common tax credit available to college students who are just starting their education is the Lifetime Learning Credit.
The Lifetime Learning Credit (LLC) is for qualified tuition and related expenses paid for eligible college students just starting their education in an eligible educational institution.
This credit helps to pay for undergraduate, graduate and professional degree courses and other courses to acquire or improve job skills. In order to qualify for the Lifetime Learning Credit, you must have made tuition and fee payments to a post-secondary school during the year.
Thus, Lifetime Learning Credit is a common tax credit available to college students.
Hence, option A is correct.
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Good Work Week at Allstate helps employees prepare for future challenges and responsibilities both at work and in their personal lives. This is an example of a(n) ________ program.
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Good Work Week at Allstate helps employees prepare for future challenges and responsibilities both at work and in their personal lives. This is an example of a development program.
What is a Development Program?A development program outlines the procedures for enhancing someone's performance, knowledge, and abilities. Development strategies in the workplace enable staff members to become more productive.A development plan's typical goal is to support the operational objectives of the company. However, development programs can also raise an employee's level of happiness, which might afterward help the employer through a higher retention rate and increased professional competence.Depending on the organization, a different entity will design a development program. It could be the administration of an operating department or the human resources division. Employees and their immediate managers could occasionally ask for the creation of a development plan.To learn more about Development Program refer to:
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Attitudes (usually negative) toward others based on their gender, religion, race, or membership in a particular group, are the basis of _____
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Attitudes (usually negative) toward others based on their gender, religion, race, or membership in a particular group, are the basis of prejudice.
What is Prejudice?An impression or view about someone that is solely based on that person's membership in a certain group is referred to as prejudice. People may harbor bias toward others who are of a different race, gender, or religion, for instance. When someone behaves in accordance with their preconceived notions, they are prejudging (thus the name "prejudice") someone before they have the opportunity to get to know them better. This is an unreasonable attitude and perspective that is detrimental to everyone involved.For instance, a person may have many preconceived notions about someone who is Christian, Muslim, or Jewish and permit those opinions to influence how they perceive and treat such others. People who are Black or White may experience the same thing.
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Under ucc 2-302, who has the best chance of getting out of the contract due to unconscionability?
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Under UCC 2-302, Breanna has the best chance of getting out of the contract due to unconscionability.
UCC 302 rule defines that if any contract or any part of the contract is found unconscionable at the time when it was made by the court, then the court can either refuse to enforce the contract or reinforce without the unconscionable clause.
When Breanna signed the contact to purchase AC, it was an urgent situation where she get only a little chance to bargain and she had to agree to the terms of the contract.
The contract was overcharged by the addition of $500 as interest and financing fees as Breanna had poor credit at that time.
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Norton loans a customer $500 on January 1. On July 1 of the same year, the customer must repay Norton $525. The amount of interest earned by Norton is $ .
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Norton loans a customer $500 on January 1. On July 1 of the same year, the customer must repay Norton $525. The amount of interest earned by Norton is twenty-five $.
Whilst you take out a loan–whether or not it is a scholar loan, private loan, vehicle loan, or mortgage–creditors earn money by way of charging you interest. interest is the price you pay for borrowing money from a lender. that means you won't just pay returned the money you borrowed.
APR is the once-a-year fee of a mortgage to a borrower — together with expenses. Like a hobby fee, the APR is expressed as a percent. unlike an interest charge, however, it consists of other expenses or prices which include loan coverage, most ultimate charges, cut price factors, and mortgage origination costs.
for example, the hobby on a $30,000, 36-month mortgage at 6% is $2,856. The equal loan ($30,000 at 6%) paid again over seventy-two months could fee $five,797 in the hobby.
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Since world war ii, the federal government's share of total government expenditures has been between?
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The federal government has accounted for between two-thirds and three-quarters of all government spending since World War II. Since the end of the Korean War in the early 1950s, the federal government's purchases of goods and services as a percentage of GDP have been falling.
Automatic increases and decreases in government expenditure and taxation that follow the economic cycle. The majority of government spending in the United States took place at the state and municipal levels up to the Great Depression of the 1930s.
The federal government has accounted for between two-thirds and three-quarters of all government spending since World War II. Federal Expenditures and Purchases as a Percentage of GDP, 1950–2008.
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An investor is planning to invest a total of $15,000 in two accounts, one paying 4% annual simple interest, and the other 3%. If he wants to earn $550 annually in interest, how much should he invest at each rate
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The amount that should be invested in the account that yields a 4% interest is $10,000.
The amount that should be invested in the account that yields a 3% interest is $5,000.
What are the linear equations that represent the question?a + b = 15,000 equation 1
0.04a + 0.03b = 550 equation 2
Where:
a = amount invested in the account that yields a 4% interest
b = amount invested in the account that yields a 3% interest
How much should be invested at each rate?Multiply equation 1 by 0.04
0.04a + 0.04b = 600 equation 3
Subtract equation 2 from equation 3
0.01b = 50
b = 50 / 0.01
b = 5000
Subtract 5000 from 15,000
15000 - 5000 = 10,000
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1. YOU MUST NOTIFY THE DMV WITHIN 5 DAYS IF YOU: A. Are cited for a traffic violation B. Sell or transfer your vehicle C. Paint your vehicle a different color
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The answer is A. Why? Because you can sell your vehicle at any time and you can also paint your vehicle at any time but when you have a traffic violation that is something you must notify.
E-commerce offers entrepreneurs an opportunity to _____
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E-commerce offers entrepreneurs an opportunity to utilize the interactive nature of the Internet to help their businesses grow.
What Exactly Is Electronic Business (E-Business)?Ecommerce is the name given to companies and individuals who conduct business online. E-commerce can operate in a range of market sectors and be performed on computers, tablets, cellphones, and other smart devices. Nearly any product or service imaginable is now available through e-commerce transactions, including books, music, airline tickets, and financial services like stock trading and online banking. It is considered a very disruptive technology result.
What are the advantages and disadvantages of doing business online?
The benefits of e-commerce for customers include:
ConvenienceIncreased selectionPerhaps lower startup costsInternational salesEasier to target customers again.But e-commerce websites also have some disadvantages. The negatives include:
Limited client serviceLack of immediate gratificationUnable to touch productsReliance on technologyGreater competition.Learn more about E-commerce with the help of the given link:
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If you are working remotely for a company without any hard and fast rules, what should you discuss with your manager?
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Schedule time according to their timezone.
Even supposing it is a slight interaction, it's fine to have a completely open conversation with your customers. They may recognize you checking in, and this may additionally set up agree with your capacity to deal with tough circumstances and important business decisions.
Maintain all personnel in the loop. Provide particular assignments. give clean priorities if employees are juggling a couple of responsibilities. provide clear expectancies around satisfaction, deadlines, budget, and technique, which is in all likelihood to appear exclusive with so much of the workforce suddenly full-time WFH.
A schedule or a timetable, as a simple time-control device, consists of a list of instances at which possible responsibilities, activities, or actions are meant to take area, or of a series of events within the chronological order wherein such matters are supposed to take place.
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Identify a true statement about the conservation movement.
a. It argued that the natural world is available only for the exploitation of human beings.
b. It believed that the natural world does not have the productive capacity to produce long-term income.
c. It considered natural resources to be able to provide an inexhaustible supply of material.
d. It argued that the natural world was valued as a resource, providing humans with both direct benefits and indirect benefits.
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In general, what effect does a quota have on the prices of comparable goods in the domestic market?
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The effect that a quota has on the prices of comparable goods in the domestic market is it keeps prices from dropping.
What is a quota?A quota is the maximum amount of a good that the government of a country allows to be imported into a country. A quota is a form of trade restrictions. One of the aims of a quota is to promote the domestic production of goods.
For example, assume that country A is known for quality production of laptops and as a result people prefer to import Country A's laptops. Residents of Country B are the major importers of Country A's laptops. This leads to reduction in the demand for Country B's laptops and a fall in the price of Country B's laptops. The government of Country B decide to enact a quota. It is expected that the quota would reduce the rate at which Country A's laptops are imported and it would increase the demand and price of Country B's laptops.
Here are is the complete question:
In general, what effect does a quota have on the prices of comparable goods in the domestic market?
It keeps prices from dropping.
It raises prices dramatically.
It lowers prices slightly.
It keeps prices from rising.
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The MR = MC rule applies Multiple Choice in the short run but not in the long run. in both the short run and the long run. in the long run but not in the short run. only to a purely competitive firm.
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The MR = MC rule applies in both the short run and the long run.
What is MR = MC rule?
The profit maximization rule is denoted by the equation MC = MR in economics, where MC stands for marginal expenses and MR for marginal revenue.When marginal costs, or the change in expenses brought on by producing a new item, are equal to marginal revenues, businesses are best positioned to maximize their profits.Although it appears to be a mathematical equation, this is actually an extremely complicated equation that is always changing and must account for practically every market component.The change in overall cost caused by an increase in the amount produced, or the price of producing more, is known as the marginal cost.The increased total revenue produced by increasing product sales by 1 unit is known as marginal revenue, a key concept in microeconomics.Know more about MR = MC rule
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Although it does not explicitly endorse traditional gender roles, which sociological perspective implies that dividing tasks between spouses is beneficial for the family unit
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The functionalist perspective is the sociological perspective that implies that dividing tasks between spouses is beneficial for the family unit even though it does not explicitly endorse traditional gender roles.
What is a functionalist perspective?This refers to the social view that our society is a relatively stable and orderly system composed of interdependent and interrelated parts
The key points about functionalist perspective are:
It view social change as a strain on the systemIt attempts to explain social stability.Hence, because the Functionalists believe that society is held together by social consensus where members of the society agree upon and work together to achieve, then, it is the sociological perspective that implies that dividing tasks between spouses is beneficial for the family unit even though it does not explicitly endorse traditional gender roles.
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Renata needs to fill a position in her department. Her goal is to promote from within, and she wants to identify an employee whose actual performance is exemplary and who also exhibits the characteristics that show strong potential and indicate that this position would be a good fit. What tool should she use
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The tool Renata should use to identify an employee whose actual performance is exemplary and who also exhibits the characteristics that show strong potential and indicate that this position would be a good fit is "Nine-box grid".
What is Nine-box grid?The 9 box grid is a method for evaluating employees that splits and plots workers over 9 important data points. Employee performance and growth potential are assessed using a grid-based system to place them in each of these 9 categories.
The importance of nine-box grid are-
You may identify top achievers within the organization who have a lot of potential to become future leaders using the 9-box grid. It facilitates intelligent resource allocation and planning in order to engage and cultivate your organization's future leaders.The 9-box grid is a method for individual assessment that assesses an employee's level of current and future contribution to the company.The nine-box talent grid is helpful for both workforce planning and talent management. For instance, using this tool gives you a clear picture of your employees' potential and the roles they might excel in in the future. To put it another way, it simplifies succession planning.To know more about the nine-box grid, here
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Question Mode Multiple Select Question Select all that apply Marketing is an activity that creates value for customers, clients, partners, and society at large. A firm does this by Blank______. (Select three answers) Multiple select question. expanding markets selecting markets creating offerings communicating offerings delivering offerings segmenting offerings
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Marketing is an activity that creates value for customers, clients, partners, and society at large. A firm does this by communicating, delivering and creating offerings.
What is marketing?
The process of developing, communicating, delivering, and exchanging offerings that are valuable to customers, clients, partners, and society at large collectively is known as marketing. In other words, marketing goes beyond simply selling and advertising. Everything an organisation does to meet customer needs is included in this:
-Creating a product and outlining its features and advantages
-Determining its target market -Determining its price
Making it known to potential customers and encouraging purchases
Marketing is a team effort that involves everyone in the company, as should be expected.
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Esmeralda promises to pay fiorello $400 because ""he does not have as much money as other people. "" esmeralda’s promise is not enforceable because.
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7. Option b. Consideration is mutual i.e. both parties get something in the return for the performance of the contract. However, Esmeralda has not given consideration in exchange.
Esmeralda was given the chance to audition for the Performing Arts High School which she succeeded in. She then moved to New York and attended School, studying drama and dance.
Esmeralda Santiago wrote her autobiography "When I Was Puerto Rican" which narrates her and her family's life moving from Puerto Rico to America. The book also follows the Puerto Rican girl through the many obstacles that she had to endure and overcome to change her life.
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Officers and directors may not take personal advantage of a business opportunity that rightfully belongs to the corporation. This is known as: a. The de minimus test doctrine b. Takeover defense doctrine c. Right of first refusal d. Corporate opportunity doctrine
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Officers and directors may not take personal advantage of a business opportunity that rightfully belongs to the corporation this is known as the Corporate opportunity doctrine.
The Corporate Opportunity Principle is a legal principle that indicates that a company's directors or officers must not use or use the business for personal gain. According to the doctrine, business precedents should only be used for business purposes and not for personal gain. This rule aims to reconcile the manager's obligations to the company with personal interests.
Corporate Opportunity refers to the fiduciary responsibility of a company's officers and directors to not deprive the company of business opportunities for the benefit of the company.
The principle of corporate opportunity sets out the general principle that management should not abuse their position within the company as it is their job to act in the best interests of the company. Courts differ in how they evaluate what constitutes a business opportunity.
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When a _____ externality exists the socially optimal level of output will be greater than that resulting from a _____ market.
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When a positive externality exists the socially optimal level of output will be greater than that resulting from a private market.
The output level that takes into account all of the benefits and drawbacks of a transaction, or the equilibrium that would be reached if the results of the market took into account the impact of externalities.
"The ideal distribution of resources in society, taking into consideration all external costs and benefits as well as internal costs and advantages," is how economists define a "socially optimal solution."
The distribution that a charitable social planner chooses, limited solely by the endowment of resources, is the social optimum. In general, the social optimum will not be possible if the social planner's policy tools are constrained.
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In order to shorten the duration of a project the project manager should limit the choices of activities to just those that are on the __________.
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In order to shorten the duration of a project, the project manager should limit the choices of activities to just those that are on the critical path.
The time required to complete a project is referred to as the project duration.
All tasks are significant, but only some are crucial.
A series of interconnected tasks known as the critical route has a direct impact on the project's completion date.
The entire project will be late if any work on the crucial path is delayed.
The calculated start or conclusion date of the project is controlled by a group of tasks (or, occasionally, only one job) known as the critical path.
Task dependencies often link the tasks that make up the critical path together.
Such task networks are probably prevalent throughout your project design. The project is finished when the final job on the critical path is finished.
Hence, the critical path is the answer.
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