Qualcomm (QCOM) is expected to generate annual earnings per share of $3.70 and is currently trading for $62.64. Assuming that investors require a return of 13% for QCOM stock, what is the approximate fractional amount of the current stock price reflected in PVGO

Answers

Answer 1

Answer: 0.55

Explanation:

Based on the information given, the approximate fractional amount of the current stock price reflected in PVGO will be calculated thus;

Earning per share, EPS = $3.70

Price per share, P= $62.64

Rate of return, k = 13%

Therefore,

PVGO = Price per share - (Earnings per share/Rate of return)

PVGO = P-EPS/k

= 62.64 - 3.70/13%

= 62.64- 28.46

= $34.18

Since it's to be represented as a fraction, this Will be:

= 34.18/62.64

= 0.55


Related Questions

How does marketing satisfy your needs as a college student? Are certain aspects of your life influenced more heavily by marketing than others? Provide examples

Answers

Yea dude’s iiiiiiiiiiiiiiiiiiiiiiii

c) Tình hình SX của DN Y trong năm báo cáo như sau:
Chỉ tiêu Quý I Quý II Quý III Quý IV
1. GTSX(Tr.đ) 2.515 2.616 2.716 2.908
2. Số LĐ đầu quý 99 101 103 105
Được biết số LĐ cuối IV là 107 người
Yêu cầu: - Tính GTSX bình quân năm báo cáo?
- Mức NSLĐ bình quân mỗi quý của 1 lao động?
- Mức NSLĐ bình quân hàng quý của 1 lao động?
- Mức NSLĐ bình quân của cả năm của 1 lao động?

Answers

Can you put this in English please

The purposeful use of symbols to allow multiple interpretations of messages is called:____.
a. strategic ambiguity.
b. crisis communication.
c. interaction management.
d. conflict management.
e. customer service management.

Answers

Answer:

a. strategic ambiguity.

Explanation:

The use of strategic ambiguity permits the views for diversify or interpretations also at the same time it promotes inclusiveness and unity

The mission and vision sttaement should be confused and normal in nature in order to provide the accomodation

So the use of symbols for permitting out the multiple interpretations of messages is known as the strategic ambiguity

Therefore the option a is correct

Carter Industries has two divisions: the West Division and the East Division. Information relating to the divisions for the year just ended is as follows: West East Units produced and sold 33,000 43,000 Selling price per unit $ 8 $ 15 Variable costs per unit 4 5 Direct fixed cost 51,000 113,000 Common fixed cost 43,000 43,000 Common fixed expenses have been allocated equally to each of the two divisions. Carter's segment margin for the West Division is:

Answers

Answer:

$81,000

Explanation:

Segment margin is derived by deducting all expenses that are directly traceable to the segment and it does not include corporate common expenses.

Particulars                         Amount

Contribution                       $132,000  [33,000*(8-4)]

Less: Direct fixed cost      ($51,000)

Segment Margin               $81,000

So, Carter's segment margin for the West Division is $81,000.

Gross pay is: Multiple Choice Deductions withheld by an employer. Salaries after taxes are deducted. Total compensation earned by an employee before any deductions. Take-home pay. The amount of the paycheck.

Answers

Answer:

Total compensation earned by an employee before any deductions.

Explanation:

Gross pay is the total compensation earned by an employee before any deductions.

Net pay is the compensation after taxes and other deductions are removed

Marigold Industries has 8400 equivalent units of production for both materials and for conversion costs. Total manufacturing costs are $123880. Total materials costs are $97000. How much is the conversion cost per unit?a. $12.37. b. $5.10. c. $29.84.d. $17.47.

Answers

Answer:

Wow that’s a lot of numbers hold up

Explanation:

Nonmanufacturing costs are ______. Multiple choice question. always reported as inventory only reported as inventory under variable costing never reported as inventory only reported as inventory under full absorption costing

Answers

Answer:

never reported as inventory

Explanation:

Nonmanufacturing costs are never reported as inventory. This is because they are not tangible items that need to be stored, also these costs do not have anything to do with the production of the end product and are not resources to the production process. Instead, these costs revolve around everything not related to the product creation such as company personnel or shipping/storage costs. Therefore, it is never reported to inventory which is for products and resources.

Income statement dataSales 6,900Cost of goods sold 6,100Balance sheet dataInventory 680Accounts receivable 300Accounts payable 460Calculate the accounts receivable period accounts payable period, inventory period and cash conversion cycle for the above firm. Use 365 days in a year, do not round intermediate calculations. Round your answers to 1 decimal placea. accounts receivable period _____daysb. account payable period _____daysc. inventory period _____daysd. cash conversion cycle __

Answers

Answer:

a. Accounts receivables period = 365 / (Credit sales/Average accounts receivables)

Accounts receivables period = 365 / (6900/300)

Accounts receivables period = 365 / 23

Accounts receivables period = 15.9 days

b. Accounts payable period = (365/(Cost of goods sold/Accounts payable)  

Accounts payable period = 365 / (6100/460)

Accounts payable period = 365 / 13.26

Accounts payable period = 27.5 days

c. Inventory period = 365 / (Cost of goods sold/Inventory)

Inventory period = 365 / (6100/680)

Inventory period = 365 / 8.97

Inventory period = 40.7 days

d. Cash conversion cycle = Accounts receivables periods + Inventory period - Accounts payable periods

Cash conversion cycle = 40.7 + 15.9 - 27.5

Cash conversion cycle = 29.1 days

If Company A has a lower debt ratio than Company B, then Company A is likely to have __________ than Company B.
a. a higher level of financial risk
b. a greater ability to borrow
c. more total assets
d. less financial flexibility

Answers

Answer:

b. a greater ability to borrow

Fixed costs can be defined as costs thatGroup of answer choicesvary inversely with production.vary in proportion with production.are incurred only when production is large enough.are incurred even if nothing is produced.

Answers

Answer: are incurred even if nothing is produced.

Explanation:

Fixed costs are referred to as the cost that doesn't vary with the production level. Even if the company doesn't produce anything, the fixed cost will still be incurred.

The fixed cost is different from the variable cost which is the cost that varies along with production. Examples of fixed cost include salaries, rental lease payments, salaries, etc.

Suppose a bank has $400 million in deposits and $25 million in required reserves, and it is holding no excess reserves. What is the required reserve ratio?

Answers

Answer:

the required reserve ratio is 6.25%

Explanation:

The calculation of the required reserve ratio is given below:

Required reserve ratio is

= required reserves ÷ deposits

= $25 ÷ $400

= 0.0625

= 6.25%

Hence, the required reserve ratio is 6.25%

The same is to be relevant and considered too

Mary incurred a $20,000 nonbusiness bad debt last year. She also had an $18,000 long-term capital gain last year. Her taxable income for last year was $25,000. During the current year, she unexpectedly collected $12,000 on the debt. How should Mary account for the collection

Answers

Answer: $12000 income.

Explanation:

It should be noted that non business bad debts are regarded as short term capital loss. In the question given, the $18000 long-term capital gain will have to be offset against the bad debt of $20000.

In this case, the tax benefit will be $18000, therefore $12000 will be recognized as the income.

At Bargain Electronics, it costs $30 per unit ($20 variable and $10 fixed) to make an MP3 player at full capacity that normally sells for $45. A foreign wholesaler offers to buy 3,000 units at $25 each. Bargain Electronics will incur special shipping costs of $3 per unit. Assuming that Bargain Electronics has excess operating capacity, indicate the net income (loss) Bargain Electronics would realize by accepting the special order.

Answers

Answer:

Bargain Electronics

Bargain Electronics would realize a net income of $6,000 by accepting the special order.

Explanation:

a) data and Calculations:

Production costs of MP3 Player:

Variable cost = $20

Fixed cost = $10

Total costs = $30

Selling price = $45

Special order from a foreign wholesaler = 3,000 units

Special order selling price = $25 per unit

Additional special shipping costs per unit = $3

Variable production costs =  $20

Total costs for the special order = $23 ($3 + $20)

Net income from special order = $6,000 ($2 * 3,000)

What is finance? The study of a business's past financial decisions The study of how to allocate assets to maximize returns The process of communicating financial information about a business The social science that analyzes the production, distribution and consumption of goods and services

Answers

Answer: The study of how to allocate assets to maximize returns

Explanation:

Finance refers to the study of how to allocate assets to maximize returns. Finance refers to the study, management, and creation of money and investments.

Finance simply explains how economic agents such as the individual, company or government gets money and how such money is being used.

Goods in transit are included in a purchaser's inventory:____.A. If the goods are shipped FOB destination. B. When the supplier is responsible for freight charges. C. When the purchaser is responsible for paying freight charges.D. At any time during transit.E. After the half-way point between the buyer and seller.

Answers

Answer:

B. When the supplier is responsible for freight charges.

Explanation:

Goods in Transit can be regarded as merchandise as well as other types of inventory which has already shipped out of shipping dock of the seller, but it has not gotten to the receiving dock of the buyer.This concept is utilized in order to know maybe the buyer or the seller of that particular goods has taken the possession of that particular goods and to know the party that Is paying for transport. The Freight charge, can be regarded as as freight rate, and this is amount that is been paid to a carrier company so that transportation of goods to agreed location will be possible.

It should be noted that Goods in transit are included in a purchaser's inventory When the supplier is responsible for freight charges.

According to a proper production function, if adding one unit of capital increases output by 10 units, adding an another unit of capital beyond that must increase capital by

Answers

Answer:

less than 10 units

Explanation:

The production function represent the diminishing marginal returns

Here diminishing marginal returns means that marginal output i.e. generated an extra unit would continue to reduce more units of input that are used

So if we add one unit of capital that increased the output by 10 units so if another unit if capital is added so it increased the output but that should be less than 10 units

Sandia Corporation manufactures metal toolboxes. It adds all materials at the beginning of the manufacturing process. The company has provided the following information:

Beginning work in process (30% complete) 80,000
Direct materials $80,000
Conversion cost 190,000
Total cost of beginning work in process $270,000
Number of units started 152,000
Number of units completed and transferred to finished goods ?
Ending work in process (50% complete) 68,000
Current period costs
Direct materials $180,000
Conversion cost 314,000
Total current period costs $494,000

Required:
a. Reconcile the number of physical units worked on during the period.
b. Calculate the cost per equivalent unit.

Answers

Answer:

The solution to these questions can be defined as follows:

Explanation:

For point a:

                                     [tex]Physical \ units\ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ Physical\ units[/tex]

[tex]Beginning\ units\ \ \ \ \ \ \ \ \ \ \ \ 80000\ \ \ \ \ \ \ \ \ \ \ \ Units\ completed \ \ \ \ \ \ \ \ \ \ \ \ 164000\\\\Units \ started\ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ 152000\ \ \ \ \ \ \ \ \ \ \ \ Ending\ units\ \ \ \ \ \ \ \ \ \ \ \ \ \ 68000\\\\Total\ units\ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ 232000\ \ \ \ \ \ \ \ \ \ \ \ Total \ units \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ 232000\\\\[/tex]

For point b:

                                  [tex]Equivalent\ units[/tex]

                                 [tex]Physical\ units \ \ \ \ \ \ \ \ \ \ Direct \ materials\ \ \ \ \ \ \ \ \ Conversion[/tex] [tex]Units \ completed\ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ 164000\ \ \ \ \ \ \ \ \ \ \ \ 164000\ \ \ \ \ \ \ \ \ \ \ \ 164000 \\\\Ending \ inventory\ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ 68000\ \ \ \ \ \ \ \ \ \ \ \ 68000\ \ \ \ \ \ \ \ \ \ \ \ 34000\\\\Total \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ 232000 \ \ \ \ \ \ \ \ \ \ \ \ 232000\ \ \ \ \ \ \ \ \ \ \ \ 198000[/tex]

A machine with a cost of $100,000 has an estimated residual value of $8,000 and an estimated life of 7 years or 21,000 hours. What is the amount of depreciation for the second full year, using the double-declining-balance method

Answers

Answer:

$20,408.16

Explanation:

Depreciation expense using the double declining method = Depreciation factor x cost of the asset

Depreciation factor = 2 x (1/useful life) = 2/7

1st year= 2/7 x 100,000 = 28,571.43

book value = 100,000 - 28,571.43 = 71,428.57

2nd year = 2/7 x 71,428.57 = $20,408.16

Which of the following is one of the value gaps that can undermine customer experiences and can damage relationships?

Service Quality Gaps
Psychological Gaps
Language Gaps
Physical Gaps
Operational Gaps
Transition Gaps

Answers

Answer:

Service Quality Gaps

Explanation:

Service Quality gaps is one of the value gaps that can undermine customer experiences and can damage relationships.

This is because, as a result of the quality of the service delivered or rendered, a customer's satisfaction can be gauged and depending on how satisfied the customer is, it could build or damage relationships.

Goods that are partially completed by a manufacturer are a.work in process inventory b.materials inventory c.merchandise inventory d.finished goods inventory

Answers

Answer:

a. work in process inventory

Explanation:

In Business, an inventory is a term used to describe a list of finished goods, goods still in the production line and raw materials that would be used for the manufacturing of more goods in a bid to meet the unending consumer demands.

Simply stated, an inventory can be classified into three (3) main categories; finished goods, work in progress, and raw materials.

An inventory is recorded as a current asset on the balance sheet because it's primarily the most important source of revenue for a business entity.

Also, the three (3) main cost concept associated with an inventory are;

1. First In First Out (FIFO).

2. Last In First Out (LIFO).

3. Weighted average cost.

Goods that are partially completed by a manufacturer are work in process (WIP) inventory.

For February, sales revenue is $250,000; sales commissions are 6% of sales; the sales manager's salary is $50,000; advertising expenses are $15,000; shipping expenses total 1% of sales; and miscellaneous selling expenses are $1,000 plus 1/2 of 1% of sales. Total selling expenses for the month of February are:_______.
a. $65,000.
b. $69,750.
c. $82,250.
d. $84,750.

Answers

Answer:

d. $84,750.

Explanation:

Calculation to determine what Total selling expenses for the month of February are:

Sales commissions $15,000

($250,000 ×6%)

Sales manager's salary $50,000

Advertising expenses $15,000

Shipping expenses $2,500

($250,000 × 1%)

Miscellaneous selling expense $2,250

[$1,000 + ($250,000 × 0.5%)]

Total selling expenses $84,750

Therefore Total selling expenses for the month of February are:$84,750

Black, Inc., acquired another company for $5,000,000. The fair value of all identifiable tangible and intangible assets was $4,500,000. Black will amortize any goodwill over the maximum number of years allowed. What is the annual amortization of goodwill for this acquisition

Answers

Answer:

The correct answer is "Zero (0)".

Explanation:

An applies specifically asset which is responsible for a different corporation's or business's extra purchasing amount, is considered as Goodwill.Goodwill commodities are confidential, intellectual properties or copyright and trademark awareness that aren't commonly produced. Therefore it isn't amortized.

Thus, the above is the appropriate solution.

Question 4 Vered just got off the phone with an old classmate who was very excited. That classmate had purchased a business with low operating cash flow, just $1,000 last year. However, they had just made a big investment and thus depreciation would be increasing by $50,000 next year. The investment had cost $300,000. They expect to use it for five years and then sell the item for $50,000. They said that would be very helpful since the large increase in depreciation would increase cash from operations. They are thinking of taking this information to a bank for a loan, but have asked Vered to check their numbers. By how much should Vered tell them this will increase cash from operations

Answers

Answer:

Vered should tell them this will increase cash from operations by $50,000.

Explanation:

The cash account is unaffected by depreciation. This is because the depreciation reduces income but has no effect on cash, it is included as a reconciling item on the indirect cash flow statement.

Depreciation will reduce net income by $50,000 in this scenario, but depreciation of $50,000 included as a positive reconciling item will compensate for the decreased net income. As a result, cash from operations will increase by $0.

Therefore, Vered should tell them this will increase cash from operations by $50,000.

The law of comparative advantage says that a person should produce a good if he or she: Group of answer choices can produce the good at the same cost as another producer can. receives the highest marginal benefit from the good. has an absolute advantage in producing the good. has the lowest opportunity cost of producing the good. has the greatest desire to consume the good.

Answers

Answer:

has the lowest opportunity cost of producing the good

Explanation:

Comparative advantage is the capability of the one party in order to manufactured the goods or services at less opportunity cost as compared to the other party. It could be used for overall nations and thier economies

So as per the given situation, the above statement represent an answer

hence, the same is to be considered

The benefit the goverment receives from tax can be measured by

Answers

Answer:

the change in the equilibrium quantity of the good. the change in the equilibrium price of the good.

Explanation:

The benefit that government receives from a tax is measured by a. b. c. d. the change in the equilibrium quantity of the good. the change in the equilibrium price of the good.

The revenue or benefits received from tax by the government of a Country can be measured by using the Tax-to-GDP ratio.

The Tax-to-GDP ratio provides an in-depth knowledge of the revenues generated from tax by the nation as it relates to the economy.

This ratio helps to pinpoint the benefits from taxation with relation to the size of the nations economy. for instance, if their is higher revenue from tax, it means that the Country can spend more money healthcare, education or infrastructure.

Hence, the Tax-to-GDP ratio, measures the benefit from tax in a nation, and a higher tax revenue of a nations gross domestic product (GDP) signifies economic growth.

You can get more insight about taxes here https://brainly.com/question/15090055?referrer=searchResults

Target is going to reduce its annual dividend by 10 percent a year for the next two years. After that, it will maintain a constant dividend of $2 a share. Last year, the company paid an annual dividend of $3 per share. What is the market value of this stock today if the required return is 13.7 percent

Answers

Answer: $15.55

Explanation:

The price of the stock will be the sum of the present values of the dividends and the present value of the terminal value at year 2.

Present value Dividend 1                                  Present value of Dividend 2

= (3 * (1 - 10%)) / (1 + 13.7%)                                   = (3 * (1 - 10%)²) / (1 + 13.7%)²

= $2.37467                                                           = $1.879686162

Present value of terminal value.

The dividend will be constant forever so this is a perpetuity:

Terminal value = Dividend / Required return

= 2 / 13.7%

= $14.59854

Present value = 14.59854 /  (1 + 13.7%)²

= $11.2924582814

Market value = 2.37467 + 1.879686162 + 11.2924582814

= $15.55

Job analysis is important to HR managers because the information gathered in job analysis is used in so many HR activities/functions. Describe how job analysis information is used in four different HR activities/functions. Illustrate by specific examples in hospitality and tourism.

Answers

Answer:

Job analysis in tourism and hospitality include planning, making and providing, lodging recreation and travel related services.

Explanation:

Job analysis is a part of the procedure to identify the contents of the job interms of the acts involved and it provides information to the organization necessary to perform these activities. Procedure involves collecting of information. Being both task and work oriented.

1. As more people in India have access to higher education, explain
how potential GDP and aggregate supply will change in the long
run.

Answers

Answer:

As more people in India have access to higher education, the country's economic growth potential, both in its GDP per capita and in its aggregate demand, will increase.

This is so because the higher the levels of education, the greater the added value that each person introduces into their economic production, with which the country's GDP is in turn increased.

On the other hand, this same economic growth generates a greater availability of wealth for society, with which the greater the availability of money, the greater the demand for goods and services that will be produced in that country.

At the​ profit-maximizing level of​ output, what is the relationship between the total revenue​ (TR) and total cost​ (TC) curves? A. They cannot be tangent to each other. B. They must have the same slope. C. They must​ intersect, with TC cutting TR from above. D. They must​ intersect, with TC cutting TR from below. E. They must be tangent to each other.

Answers

Answer: They must have the same slope.

Explanation:

It should be noted that at the​ profit-maximizing level of​ output, the marginal revenue will be equal to the marginal cost.

Since the slope of the total revenue is the marginal revenue while the slope of the total cost us marginal cost, then at the​ profit-maximizing level of​ output, the relationship between the total revenue​ (TR) and total cost​ (TC) curves is that they must have the same slope.

External costs occur because Group of answer choices Private costs do not reflect the full costs to society All costs are absorbed by the firm Firms make a choice other than the most cost-efficient production method Government failure increases costs for the firm

Answers

Answer:

Private costs do not reflect the full costs to society

Explanation:

External costs are costs incurred by third parties not involved in production or consumption activities

external cost can either be negative or positive

A good has negative externality if the costs to third parties not involved in production is greater than the benefits. an example of an activity that generates negative externality is pollution. Pollution can be generated at little or no cost, so they are usually overproduced.

A good has positive externality if the benefits to third parties not involved in production is greater than the cost. an example of an activity that generates positive externality is research and development. Due to the high cost of R & D, they are usually under-produced.

Other Questions
equation that passes 1,3 and slope of 2 in point slope form A triangle is rotated 90 about the origin. Which rule describes the transformation?(x, y) (-x, -y)O(x,y) (-y, x)(x, y) (-), -x)(x,y) ly, -x) Simplify this please l=3cm, w=1cm, h=3cm what is the surface area of the rectangular prism 11. The digital region is ? to the palmar region. 2x - y - 4 = 03x + y - 9 = 0What is the solution set of the given system?A. {(6, 5)}B. {(5, 6)}C. {(13/5, 6/5)}D. {(6/5, 13/5)} To a greater or lesser degree, many governments can be considered pragmatic nationalists when it comes to foreign direct investment (FDI); this means it has both benefits and costs. a. Trueb. False okay can someone pls help me i literally am so confused solve the following equation. answer in terms of a mixed number. 7(2x+6)=1 State the relative position for the earth and sun in a lunar eclipse (in a partial and total eclipse) A plant asset can be defined by which of the following statements?a. Its original cost is expensed in the period in which it was purchased. b. It is a tangible long-term asset. c. It is reported on the balance sheet. d. Its cost (minus any salvage value) is gradually reported as expenses over its useful life. I don't understand this one Most of the plant matter in ___ is sphagnum moss. Can someone do this for the footballEstimated volume (cm3)Estimated density(g/cm3)edge. Give three reasons to use a hard drive as mass storage. Read the two excerpts from act 3, scene 2, of Julius Caesar.[BRUTUS.] If then that friend demandwhy Brutus rose against Caesar, this is my answer:not that I loved Caesar less, but that I lovedRome more. Had you rather Caesar were living, anddie all slaves, than that Caesar were dead, to liveall free men? As Caesar loved me, I weep for him.As he was fortunate, I rejoice at it. As he wasvaliant, I honour him. But as he was ambitious, Islew him. There is tears for his love, joy for hisfortune, honour for his valour, and death for hisambition. Who is here so base that would be abondman?[ANTONY.] Did this in Caesar seem ambitious?When that the poor have cried, Caesar hath wept.Ambition should be made of sterner stuff.Yet Brutus says he was ambitious,And Brutus is an honourable man.You all did see that on the LupercalI thrice presented him a kingly crown,Which he did thrice refuse. Was this ambition?Yet Brutus says he was ambitious,And sure he is an honourable man.Which statement best compares the two monologues?Both Brutus and Antony ask rhetorical questions to make points.Brutus describes Caesars generosity and compassion, while Antony describes his heartless nature.Both Brutus and Antony describe Caesars weakness in battle.Neither Brutus or Antony addresses the crowd directly. please help me is for my homework HELP!!!1. In a parent pea plant with the allele pair Gg, what is the probability that one gamete will contain the G allele? Why?2. In a parent pea plant with the allele pair GG, what is the probability that one gamete will contain the g allele? Why?3. In a parent pea plant with the allele pair gg, what is the probability that one gamete will contain the g allele? Why? pls help! I need the answer quickly! thank you! I also need to show calculations for each side length plz help