The primary determinant for calculating automobile insurance premiums is the place of residence, as it directly impacts the risk factors associated with the insured vehicle.
When determining automobile insurance premiums, insurance providers consider several factors, such as the driver's age, driving history, type of vehicle, and most importantly, the place of residence. The location where a person lives plays a crucial role in assessing the risk associated with insuring their vehicle. Insurance companies analyze data on accident rates, theft rates, vandalism, and other relevant factors specific to the geographic area.
Areas with higher crime rates, congested traffic, or a history of frequent accidents may be considered higher risk, resulting in higher insurance premiums. Conversely, areas with low crime rates, less traffic congestion, and a lower incidence of accidents may lead to lower premiums. Ultimately, the place of residence is a key factor in determining the cost of automobile insurance.
For more information visit: brainly.com/question/31804143
#SPJ11
Consider the CAPM. The risk free rate is 6% and the expected return on the market is 18%. What is the expected return on a stock with a beta of 1.7
Therefore, the expected return on the stock with a beta of 1.7 is 26.4%.
The Capital Asset Pricing Model (CAPM) is an equation used to determine an expected return of an asset based on the risk-free rate, the expected market return, and the asset's beta value. It is represented by the equation:
r = Rf + β(Rm - Rf)
Where:
r = expected return on the asset
Rf = risk-free rate
β = beta of the asset
Rm = expected return on the market
Using the provided values:
Rf = 6%
Rm = 18%
β = 1.7
We can plug these values into the CAPM equation to calculate the expected return on the stock:
r = 6% + 1.7(18% - 6%)
r = 6% + 1.7(12%)
r = 6% + 20.4%
r = 26.4%
To know more about CAMP visit:
https://brainly.com/question/31599998
#SPJ11
Steven has 55 baseball cards. Steven and Lucas have more than 71 baseball cards together. Which of the following inequalities represents the number of baseball cards the two boys have?
Answer:
105
Explanation:
As a private limited firm dealing with garment manufacturing, you have little cash in hand but considerable business potential. You suddenly get an order to deliver 1,000 shirts at a price of $50 each. You have the entire infrastructure in place, but need $15,000 to procure the fabric and accessories for shirts. How will you raise money to serve this order? How will the answer differ if the business is a sole proprietorship?
Answer:
A private limited firm refers to a corporation. A corporation’s internal sources of financing are mostly limited to its retained profits, and money realized from the sale of its assets. In case of the given example, because the company does not have enough cash on hand, it will have to rely on several external sources of financing. The most important source of procuring financing for the company is a bank loan. Thus, the company can raise money from institutions such as banks or other creditors in the form of loans. The company will need to repay loans in the future, and therefore the company will record this as a liability in its accounts. However, these ways of procuring money would help the company arrange $15,000 in order to purchase the fabric and other accessories.
The sources of financing will remain the same even in the case of a sole proprietorship; that is, retained earnings or loans from external sources such as banks. However, in the case of a public limited company, the answer would change. In the case of a public limited business, it has another option of raising financing through the issue of common or equity shares.
True/False
1. A thank you note sent after a job interview will serve as a reminder to those people you met.
2. When giving the time of your emploment on your resume, be sure to specify only the year of starting and ending of each job.
3. If an interviewer asks you what your weakness are, you should think for a moment before answering.
4. To prevent discrimination, all applicants for a job should be asked the same questions during an interview.
A thank you note sent after a job interview will serve as a reminder to those people you met is a false statement
2. False
3. False
4. False
What is an interview for a job?A job interview is known to be a kind of conversation tak that is said to occurs between a said and potential employer and that of a job applicant.
Note that During the job interview, the employer is one who has a lot of opportunity to appraise any kind of applicant's qualifications, as well as their appearance and full fitness in regards to the job opening.
Hence, A thank you note sent after a job interview will serve as a reminder to those people you met is a false statement
2. False
3. False
4. False
Learn more about job interview from
https://brainly.com/question/8846894
#SPJ1
some writers deny that employees have any obligation of loyalty to the company, because
Some writers deny that employees have any obligation of loyalty to the company, because companies are not the kind of things that are properly objects of loyalty
Why is it important for employees to be loyal?Employees that are devoted to their employers are more likely to put more effort into their work, come up with novel solutions, and go above and beyond. After all, loyal workers are content workers, and as Forbes notes, content workers translate into "hefty earnings."
Almost all workers have a legal obligation to be loyal to their employers. This holds true whether the employment contract was made orally or in writing, and whether or not the need to perform the duty was specifically mentioned in the contract.
Hence, Loyalty is one of an employee's obligations to their employer. Every state's laws require employees to abstain from acting in a way that would be detrimental to their employer's interests; this requirement is frequently referred to as the "duty of loyalty."
Learn more about loyalty from
https://brainly.com/question/10286547
#SPJ1
Scott and Mary have accepted a three-year international relocation for work. Both are still paid in U.S. dollars, and their paychecks are automatically deposited to a U.S. Bank. When they need cash, they use local ATMs that allow them to withdraw funds from their U.S. bank, but the ATM gives them the equivalent in local currency. Which type of system does the U.S. Bank use to transfer money almost instantly, and in the currency needed by the user?
Answer:
The answer is "Electronic Funds Transfer".
Explanation:
It is a financial exchange electronically, which is also known as direct deposit salary services with ATM, which Cash subsidies among buyer marketing authorization, which implies digitally moving funds from one bank to the next. It's accomplices through the exchange of paper currency or certificates. The bank account is among the most popular applications of EFT.
what is the probable reason that an entry-level resume is more likely to spend significant time outlining volunteering experience?
The probable reason that an entry-level resume is more likely to spend significant time outlining volunteering experience is because they have little to no work experience to include.
What is an entry-level resume?An entry-level resume is a resume written by an individual who has recently graduated from college or high school and is seeking employment for the first time. As a result, this type of resume is normally simple and straightforward since the individual has limited work experience to include.
Entry-level resumes typically spend more time discussing volunteering experience since they are more likely to have volunteered than someone with a lot of professional experience. This is due to the fact that many people volunteer when they are young in order to gain work experience and make themselves more employable.
Volunteering, on the other hand, helps to establish new abilities, network with individuals in the field, gain experience in the job, and work for a cause that is important to them. All of these are crucial for individuals who are just starting out in their careers.
Therefore, an entry-level resume is more likely to devote significant time to volunteering experience, which is a vital aspect of their professional development.
To know more about resume, click on the link below:
https://brainly.com/question/862477#
#SPJ11
A person who takes a prescription drug to control high cholesterol most likely has a demand for that drug that is
unit elastic.
elastic.
highly responsive to changes in income.
inelastic.
The demand for the drug to control high cholesterol is likely to be inelastic as it is a necessary medication and has few substitutes. Therefore option D is correct.
Inelastic demand refers to a situation where a change in the price of a good or service results in a relatively small change in the quantity demanded. This means that consumers are not very responsive to changes in price.
A person who takes a prescription drug to control high cholesterol most likely has an inelastic demand for that drug. This means that changes in the price of the drug are unlikely to significantly affect the person's demand for it.
People who have a medical condition that requires medication often have an inelastic demand for that medication because they need it to maintain their health.
As a result, they are usually willing to pay the market price for the medication, even if the price increases. This can lead to a situation where the pharmaceutical company that produces the medication has significant pricing power, as consumers are unlikely to switch to other products or reduce their consumption in response to price changes.
Learn more about inelastic demand here:
https://brainly.com/question/30103518
#SPJ4
Match the academic requirements with the careers.
-training -Ph.D. -bachelor’s degree
-anthropologist
-telecommunications technician
-network administrator
The academic requirements as well as the training required has been grouped below:
anthropologist: Ph.Dtelecommunications technician: trainingnetwork administrator: bachelor’s degreeWhat is a work requirement?This is the term that has to do with the job requirement that is needed for specific disciplines. That is the amount of training and the level of training that is required to be experts in the careers that have been chosen by the specialists.
Hence we can say that The academic requirements as well as the training required has been grouped below:
anthropologist: Ph.Dtelecommunications technician: trainingnetwork administrator: bachelor’s degreeRead more on job requirement here: https://brainly.com/question/6747675
#SPJ1
Plzzz help me with this one
Answer:
what the question.....
plss someone give me a 3 examples of business objectives with timeframe (our product is reselling the shoes) plss i need it
Answer:
campaign
store
fundraising
all great examples of buisness objective
Difference between compensatory and punitive damages.
Answer:
Compensatory damages are awarded to benefit the plaintiff and to help him or her cover the costs of an accident and/or injury. Punitive damages are awarded to punish the defendant.
Discuss the benefits of gaol setting on your career choice
Goal setting is a powerful tool for anyone looking to advance their career. By setting specific objectives and taking active steps to achieve them, you can increase your motivation, focus, and satisfaction in your work, ultimately helping you to achieve success in your chosen field.
What is goal setting?Generally, Goal setting is an essential process that involves identifying and prioritizing specific objectives that an individual wants to achieve in their personal or professional life. When it comes to career choice, goal setting can offer several benefits, including:
Increased motivation: Setting specific goals for your career can help to boost your motivation and drive towards achieving your objectives. Having a clear target in mind can help you stay focused and energized, even when faced with challenges or setbacks.
Improved focus: By setting specific goals, you can prioritize your efforts and focus on the tasks that are most relevant to achieving your career objectives. This can help to streamline your work and avoid distractions, allowing you to make progress towards your goals more efficiently.
Better decision making: When you have a clear set of goals for your career, you can use them as a framework for making important decisions. This can help you evaluate different opportunities or paths in terms of how they align with your objectives and choose the ones that are most likely to help you achieve your goals.
Enhanced career satisfaction: Achieving your career goals can be a source of great satisfaction and fulfillment. By setting clear objectives for your career and taking active steps to achieve them, you can increase your sense of purpose and fulfillment in your work.
Read more about goal setting
https://brainly.com/question/1705973
#SPJ1
Which type of business does not hold owners accountable for the debts of
the business?
OA. Sole proprietorship
OB. LLC
OC. Partnership
A
OD. Private company
Answer:
Limited Liability Company (LLC)
Explanation:
A limited Liability Company (LLC) is a business structure in the United States that protects its owners from the personal responsibility for its repayment of debts and liabilities. It is a hybrid entity that has the characteristics of a corporation, partnership and sole proprietorship. The regulation of LLC's varies from one state to another. An entity or individual can be a member of an LLC with notable exceptions from banks and insurance companies. The primary reason for registering a business under LLC is to limit the personal liability of the owners as well as the partners. LLC may have some attractive features but they also possess some great disadvantages as well. Depending upon the state law, an LLC may be dissolved upon the death or bankruptcy of a member.
Part A
In the video, what tax cut is President Obama extending?
Answer: He is announcing an extension of a cut in payroll taxes.
Explanation: edmentum/ plato
Recent research suggests that states arose as a form of political organization because?
Recent research suggests that states arose as a form of political organization because of several factors. Here is the
1. Security and protection: One of the primary reasons for the emergence of states is the need for security and protection.
In early human societies, people realized that by organizing themselves into a central authority, they could defend themselves against external threats, such as attacks from other groups or individuals. This central authority could establish laws, enforce order, and provide collective security for its citizens.
2. Resource management: Another factor that contributed to the formation of states is the need to efficiently manage resources. As human societies grew, the availability of resources became limited, and conflicts over access to these resources arose. States were able to establish systems of governance that could regulate the distribution and utilization of resources, ensuring a fair and organized allocation.
To know more about organization visit:
https://brainly.com/question/32802667
#SPJ11
How would price fixing and collusion help producers
Answer:
Price fixing provides firms with the ability to deter away from market competition.
Explanation:
It is easier and more profitable for producers to collude and set prices together rather than compete in a competitive environment. It puts less pressure on firms to keep prices competitive and victimizes customers.
Price fixing and collusion can help producers by allowing them to manipulate market conditions and maintain artificially high prices, maximizing their profits.
Price fixing refers to an illegal practice where competing companies within an industry conspire to set prices at a certain level, eliminating competition and artificially inflating prices to maximize profits.
Collusion is a cooperative agreement between competing companies to restrict competition and gain an unfair advantage. It involves secret agreements to coordinate business practices, such as fixing prices, sharing sensitive information, or dividing markets, to manipulate the market in their favor.
Learn more about collusion here:
https://brainly.com/question/14409158
#SPJ6
Most probably, your complete question is this:
How would price fixing and collusion help producers?
Which are affected by the factors of production? Check all that apply.
A.) the demand of the item
B.) the availability of the item
C.) the cost of the item
D,) the quality of the item
E.) the popularity of the item
Answer:
A
C
D
Explanation:
without demand no reason to product it
The cost of a item also greatly affects it
and how well they can make it without being too expensive
How do objectives make it more likely that you will reach your goals?
A. Objectives are based on others' experiences.
B. Objectives help guide your career choices.
C. Objectives provide a step-by-step path to success.
D. Objectives are the best way to assess your interests.
Answer:
C seems the most reasonable
Objectives provide a step-by-step path to success: make it more likely that you will reach your goals. Thus, option C is the correct option.
How to achieve your objectives?You may achieve your goals by setting realistic goals for yourself to strive toward. The way objectives do this is by outlining specific actions you can take immediately to move closer to your long-term goals. An aim is a specific activity that must be taken in order to accomplish a goal, whereas a goal is a more general, longer-term, achievable conclusion.
Despite being distinct, the two terms are frequently used together when working on a project. This is due to the fact that both are necessary for project planning and execution. It enables you to put your grant's ideas into practice. Setting SMART goals ensures that the project advances, facilitates accountability and scheduling, and informs you of accomplishing what you set out to accomplish.
Learn more about goals here:
https://brainly.com/question/31463084
#SPJ2
which state was first to grant the franchise to all male taxpayers?
The state that was first to grant the franchise to all male taxpayers was New Jersey.
In the early years of the United States, voting rights were not universally granted. Initially, suffrage was often restricted to white male property owners. However, New Jersey took a more progressive stance on suffrage rights during its constitutional convention in 1776.
In its original state constitution, New Jersey granted voting rights to all adult inhabitants who were male and owned a certain amount of property. This meant that even men who did not own land or meet traditional property qualifications could still exercise their right to vote if they were taxpayers.
This decision was significant because it expanded suffrage beyond the narrow scope of property ownership. While it did not extend voting rights to all males regardless of property ownership, it recognized that taxation was a valid qualification for participating in the political process. By granting the franchise to all male taxpayers, New Jersey established a more inclusive approach to suffrage.
It's worth noting that New Jersey's experiment with broader suffrage was short-lived. In 1807, the state amended its constitution to restrict suffrage rights to free white male citizens who met specific property requirements, aligning more closely with the prevailing restrictions on voting rights at the time.
Nonetheless, New Jersey's initial decision to grant the franchise to all male taxpayers marked an important step towards expanding the concept of suffrage beyond traditional property qualifications, setting a precedent for future discussions on voting rights and representation in the United States.
To learn more about franchise refer here:
https://brainly.com/question/3032789
#SPJ11
which of the following is true about bonds? at maturity of the bond, the investor receives the market price of the bond. they are obligations from the investor to the corporation. they have a fixed maturity, and they pay an amount equal to the maturity value times the coupon rate each year. their interest rate always varies with the consumer price index
At the maturity of the bond, the investor receives the market price of the bond is true about bonds. In this case option A is correct
The principal balance of a note, draft, acceptance bond, or other debt instrument becomes due on the maturity date. The principal investment is returned to the investor on this date, which is typically printed on the certificate of the relevant instrument, and the interest payments that were routinely made throughout the bond's life come to an end. The due date (termination date) by which an installment loan must be fully repaid is also referred to as the maturity date.
The term "maturity date" describes the date on which an investor must receive their principal back from a fixed income instrument.
The due date for a borrower's payment is also referred to as the maturity date.
To know more about maturity of the bond
https://brainly.com/question/29360027
#SPJ4
the board of directors is dissatisfied with last year's roe of 15%. if the profit margin and asset turnover ratio remain unchanged at 8% and 1.25, respectively, by how much must the leverage ratio (i.e., assets/equity) increase to achieve 20% roe? leverage ratio must increase by 0.5. leverage ratio must increase by 5. leverage ratio must increase by 16.67%. leverage ratio must increase by 33.3%
The leverage ratio must increase by 0.5 to achieve a 20% ROE.
To determine by how much the leverage ratio must increase to achieve a 20% ROE, we can use the DuPont Formula, which states:
ROE = Profit Margin × Asset Turnover × Leverage Ratio
You mentioned that the board of directors is dissatisfied with last year's ROE of 15%, and the current profit margin and asset turnover ratio are 8% and 1.25, respectively. We want to achieve a 20% ROE, so we can set up the equation as follows:
20% = 8% × 1.25 × New Leverage Ratio
First, we need to find the current leverage ratio by rearranging the DuPont Formula using the given values:
15% = 8% × 1.25 × Current Leverage Ratio
Now, divide both sides by (8% × 1.25) to solve for the Current Leverage Ratio:
Current Leverage Ratio = 15% / (8% × 1.25) ≈ 1.5
Next, plug in the current leverage ratio into the equation for the 20% ROE:
20% = 8% × 1.25 × New Leverage Ratio
Again, divide both sides by (8% × 1.25) to solve for the New Leverage Ratio:
New Leverage Ratio = 20% / (8% × 1.25) ≈ 2
Now, subtract the current leverage ratio from the new leverage ratio to find the increase:
Increase in Leverage Ratio = New Leverage Ratio - Current Leverage Ratio = 2 - 1.5 = 0.5
Therefore, the leverage ratio must increase by 0.5 to achieve a 20% ROE.
Learn more about profit margin here,https://brainly.com/question/31585885
#SPJ11
Question 2: (5 Marks)
Automobile manufacturing Company is interested to measure the
overall performance of the company. If you are given the
opportunity to help the company and check the performance,
To measure the overall performance of an automobile manufacturing company, Firstly, production efficiency and quality control should be evaluated. Secondly, sales and marketing performance should be assessed. Thirdly, financial performance should be closely monitored. Lastly, environmental sustainability and corporate social responsibility should be considered, including evaluating the company's efforts in reducing carbon footprint and promoting ethical practices.
To measure the overall performance of an automobile manufacturing company, several key areas need to be assessed. Firstly, production efficiency and quality control should be evaluated. This involves analyzing production output, identifying any bottlenecks, and ensuring that quality standards are met consistently.
Secondly, sales and marketing performance should be assessed. This includes examining sales figures, market share, customer satisfaction, and the effectiveness of marketing campaigns.
Thirdly, financial performance should be closely monitored. This involves analyzing revenue, profitability, cash flow, and return on investment.
Additionally, employee performance and engagement should be evaluated, including factors such as productivity, training and development, and employee satisfaction.
Furthermore, supply chain management and supplier performance should be assessed to ensure efficient operations and minimize disruptions.
Lastly, environmental sustainability and corporate social responsibility should be considered, including evaluating the company's efforts in reducing carbon footprint and promoting ethical practices.
By examining these aspects, a comprehensive evaluation of the company's overall performance can be achieved, allowing for targeted improvements and informed decision-making.
For more question on production
https://brainly.com/question/16755022
#SPJ8
what is the gist of your recommendation to tom wathen? should he go ahead with $100 million bid for pinkerton? if so, how should he finance the acquisition? (no more than a few sentences)
Firstly, Tom Wathen should conduct a thorough due diligence process to assess the financials, operations, and market conditions of Pinkerton before deciding whether to proceed with the $100 million bid.
Secondly, he should consider the potential benefits and risks of acquiring Pinkerton, including its growth prospects, competitive landscape, and integration with his existing business. Finally, he should evaluate various financing options, including debt, equity, and cash, and determine the most suitable one based on his financial capacity, risk tolerance, and strategic goals.
Overall, Tom Wathen should weigh the potential benefits and risks of the acquisition carefully and make an informed decision based on his business objectives, financial capacity, and risk tolerance.
To know more about bid click here
brainly.com/question/24280121
#SPJ11
m10-6 (static) recording notes payable [lo 10-2] skip to question [the following information applies to the questions displayed below.] greener pastures corporation borrowed $1,000,000 on november 1, 2021. the note carried a 9 percent interest rate with the principal and interest payable on june 1, 2022. (a) the note issued on november 1. (b) the interest accrual on december 31. m10-6 (static) part 1 indicate the effects of the amounts for the above transactions. (enter any decreases to assets, liabilities, or stockholders equity with a minus sign. do not round intermediate calculations.)
The issuance of the note on November 1, 2021 will increase the company's cash by $1,000,000 and increase its notes payable liability by $1,000,000.
Understand that you need help with recording notes payable and interest accrual for Greener Pastures Corporation. Let's break down the transactions: Issuing the note on November 1, 2021:Greener Pastures Corporation borrowed $1,000,000 at a 9% interest rate. The principal and interest will be payable on June 1, 2022. To record this transaction: Debit Cash for $1,000,000 (increase in assets)Credit Notes Payable for $1,000,000 (increase in liabilities)Interest accrual on December 31, 2021:
Principal: $1,000,000 Interest Rate: 9% (0.09)Number of Months: 2Interest = $1,000,000 x 0.09 x (2 / 12) = $15,000To record the interest accrual on December 31:Debit Interest Expense for $15,000 (increase in expenses) Credit Interest Payable for $15,000 (increase in liabilitiesIssuing the note on November 1, 2021: Debit Cash $1,000,000, Credit Notes Payable $1,000,000Interest accrual on December 31, 2021: Debit Interest Expense $15,000, Credit Interest Payable $15,000
To know more about payable and interest Visit:
https://brainly.com/question/30540070
#SPJ11
Type the correct answer in the box.
Lois is planning to raise funds for her new business venture. Which factor of production is she working toward?
Lois is planning to raise funds for her new business venture. She is working toward satisfying the __________ factor of production.
Answer:
Capital
Explanation:
Factor of production are defined as resources or input that are used in production process to get output.
The factors of production includes land, labour, and capital.
Although these are not part of the final product , they facilitate production.
In the given scenario Louis is planning to raise funds for her new business venture.
This is an activity aimed at raising capital for the business.
Capital is a sum of money that is used to start or run a business.
Answer:
The capital factor of production.
Explanation:
What are the key characteristics of a well-designed performance appraisal?
Select all that apply.
Focus on job-related tasks
Conducted by a trained manager
Based on company policy
Opportunities for employee feedback
Clear management feedback
The key characteristics of a well-designed performance appraisal include a focus on job-related tasks, being conducted by a trained manager, based on company policy, providing opportunities for employee feedback, and clear management feedback.
How can you describe the well-designed performance ?Firstly, the performance appraisal should focus on job-related tasks to ensure that the evaluation is objective and fair. This means that the appraisal should measure employee performance against job-related criteria, such as job responsibilities, goals, and objectives.
Secondly, a well-designed performance appraisal should be conducted by a trained manager who has experience in conducting appraisals and who understands the company's policies and procedures for conducting them.
Thirdly, the appraisal should be based on company policy, ensuring that all employees are evaluated in a consistent and fair manner.
Fourthly, there should be opportunities for employee feedback, allowing employees to provide their input on their own performance and the appraisal process.
Finally, the appraisal should provide clear management feedback, including specific examples of areas where the employee has excelled, as well as areas where improvement is needed. This feedback should be constructive and provide guidance for the employee on how to improve their performance.
Overall, a well-designed performance appraisal should be fair, consistent, and provide valuable feedback to both the employee and the manager.
To know more about well-designed performance appraisal, visit :
https://brainly.com/question/15871666
#SPJ1
What does deficit spending require a government to do?
lay off workers
cut taxes
take on debt
hire more workerscy
Answer:
c. TAKE ON DEBT
Explanation:
A deficit spending require a government to: C. take on debt.
What is deficit spending?A deficit spending can be defined as a situation in which the expenditure of government exceed the amount of money generated as revenues over a fiscal period.
This ultimately implies that, deficit spending typically occurs when government's expenditure is greater than its revenue over a specific period time.
Consequently, government tends to resort to borrowing or taking debt when there is deficit spending in its budget.
Read more on deficit spending here: https://brainly.com/question/1371898
what are the arguments that support businesses moving toward a sustainable future? (check all that apply.)
Reduced commercial enterprise costs, extra revolutionary strategies, an progressed reputation, and extra new clients who fee sustainability all paintings to boom the quantity of cash sustainable organizations earn.
The required details about sustainability is mentioned in below paragraph.
Sustainability is typically defined as having 3 dimensions (additionally referred to as pillars): environmental, economic, and social.Many courses nation that the environmental dimension (additionally referred to as "planetary integrity" or "ecological integrity") is the maximum important, and, in ordinary usage, "sustainability" is frequently centered on countering predominant environmental problems, such as weather change, lack of biodiversity, lack of surroundings services, land degradation, and air and water pollution.Humanity is now exceeding several "planetary boundaries".
A intently associated idea is that of sustainable development, and the phrases are frequently used synonymously. However, UNESCO distinguishes the 2 thus: "Sustainability is frequently concept of as a long-time period goal (i.e. a extra sustainable world), while sustainable development refers to the various strategies and pathways to obtain it.
To learn about sustainability visit here.
https://brainly.com/question/19165791
#SPJ4
Tinsley Incorporated is an industry-leading cardboard manufacturer. You have been asked to determine a market value for the firm's equity. The firm has 101,000 shares outstanding, earnings per share of $2.60 last year, and a stock price of $26. What is the market value?
The market value of Tinsley Incorporated's equity is $2,636,000. The market value for Tinsley Inc's equity can be calculated as follows:
Market value = Number of shares outstanding × Stock price
outstanding = 101,000
Stock price = $26
Earnings per share (EPS) = $2.60
The total earnings of the company are:
Total earnings = EPS × Number of shares outstanding
= $2.60 × 101,000
= $263,600
To determine the market value of Tinsley Incorporated's equity, we need to multiply the total earnings of the company by its price-to-earnings ratio (P/E ratio).
P/E ratio = Stock price ÷ Earnings per share
= $26 ÷ $2.60= 10
Using this P/E ratio, we can determine the market value of the company's equity as follows:
Market value = Earnings × P/E ratio
= $263,600 × 10
= $2,636,000
Learn more about price-to-earnings ratio (P/E ratio): https://brainly.com/question/14528659
#SPJ11