This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Pinnacle Financial Management projects that earnings per share for Valley Imports Inc. will increase ... (Read 30 times)

ereecah

  • Hero Member
  • *****
  • Posts: 530
on: Jul 11, 2018
Pinnacle Financial Management projects that earnings per share for Valley Imports Inc. will increase from the current 1.75 per share to 2.00 next year.
 
  If Pinnacle recommends a P/E ratio of 12.5 for Valley Imports, what is the recommended forward looking price for the firm?
  A) 21.88 per share
  B) 25.00 per share
  C) 23.44 per share
  D) 6.25 per share

Question 2

Mark purchased a boat owners package policy. While using his boat, he negligently hit a pier. A person standing on the pier fell and was severely injured.
 
  Which of the boat owners package policy coverages will respond to a lawsuit filed as a result of this negligent act?
  A) physical damage coverage
  B) liability coverage
  C) medical expense coverage
  D) uninsured boaters coverage


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

rleezy04

  • Sr. Member
  • ****
  • Posts: 322
Reply #1 on: Jul 11, 2018
Answer to Question 1

B
Explanation: B) Price = EPS  multiple = 2.00  12.5 = 25.00.

Answer to Question 2

Answer: B


ereecah

  • Hero Member
  • *****
  • Posts: 530
Reply #2 on: Jul 11, 2018
Thank you


rleezy04

  • Sr. Member
  • ****
  • Posts: 322
Reply #3 on: Jul 11, 2018
No problemo


« previous next »
 

Did you know?

Most strokes are caused when blood clots move to a blood vessel in the brain and block blood flow to that area. Thrombolytic therapy can be used to dissolve the clot quickly. If given within 3 hours of the first stroke symptoms, this therapy can help limit stroke damage and disability.

Did you know?

There are actually 60 minerals, 16 vitamins, 12 essential amino acids, and three essential fatty acids that your body needs every day.

Did you know?

Oxytocin is recommended only for pregnancies that have a medical reason for inducing labor (such as eclampsia) and is not recommended for elective procedures or for making the birthing process more convenient.

Did you know?

Methicillin-resistant Staphylococcus aureus or MRSA was discovered in 1961 in the United Kingdom. It if often referred to as a superbug. MRSA infections cause more deaths in the United States every year than AIDS.

Methicilli ...
Did you know?

The largest baby ever born weighed more than 23 pounds but died just 11 hours after his birth in 1879. The largest surviving baby was born in October 2009 in Sumatra, Indonesia, and weighed an astounding 19.2 pounds at birth.

Browning and Gunning demonstrated that placental transfer tissues increase plant reproductive succes Browning and Gunning demonstrated that placental transfer tissues increase plant reproductive succes
In 1839 Mary Cragin, at the age of twenty-nine, became a convert to John Humphrey Noyes’s “communism In 1839 Mary Cragin, at the age of twenty-nine, became a convert to John Humphrey Noyes’s “communism
Does Intelligence Increase with Brain Size? Does Intelligence Increase with Brain Size?
Average Hourly Earnings of U.S. Workers in Current and Constant Dollars Average Hourly Earnings of U.S. Workers in Current and Constant Dollars
Branched-chain amino acid oxidation, fatty acid b-oxidation, and the citric acid cycle share a commo Branched-chain amino acid oxidation, fatty acid b-oxidation, and the citric acid cycle share a commo
Data management questions Data management questions
Video: Causes of Angina

For a complete list of videos, visit our video library