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Global importers predicted that its earning per share for the year would be $1.86. today, the firm released its earnings report and earnings per share turned out to be $1.99 per share. in response to the earnings report, the price per share of global importers stocks declined by 3.4 percent. Explain how the market price can decrease when the announced earnings were higher than the firm predicted?
You have a quick ratio of 2.00x; 31500 in cash; 17500 in A/R; some inventory; total current assets of $70,000;& total current liabilities of $24,500. Annual sales reported $
What advantages might a socialist system have in responding to the needs of people struck by an emergency situation like the earthquake that occurred in Haiti in January, 20
Neither Creed nor its acquisition target, Organic and More, uses debt financing at present. However, The VC has offered to provide the acquisition financing in the form of c
Assume the distribution of the length of the cuts follows the normal distribution with a population standard deviation of 8 seconds. Suppose we select a sample of 16 cuts fr
Roger wants to set up a perpetual scholarship at his alma mater. He is willing to donate $500,000, which will be invested in an account earning 9 percent. What will be the a
A 30-year, $1,000 par value bond has a 9.5% annual payment coupon. The bond currently sells for $875. If the yield to maturity remains at its current rate, what will the pri
The company's dividends are expected to grow at a constant rate of 5.5% indefinitely. If the required rate of return on this stock is 17.5%, compute the current value per sh
if excel inc. has projected sales of $20,000 in january, $15,000 in february, and $30,000 in march 80% of sales are on credit 20% are collected in the month of sale and 80%
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