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frosja888 [35]
1 year ago
15

A pharmaceutical company announces that it has received Federal Drug Administration approval for a new allergy drug that complet

ely prevents hay fever. The consensus analyst forecast for the company’s earnings per share (EPS) is $4.50, but insiders know that, with this new drug, earnings will increase and drive the EPS to $5.00. What will happen when the company releases its next earnings report?
Business
1 answer:
IrinaVladis [17]1 year ago
6 0

Answer:

stock price will not change at all

Explanation:

Based on the information provided it can be said that when the company releases its next earnings report the stock price will not change at all. This is because stock markets move fast, the stock price of EPS moved when the in the announcement about FDA approval was made. Therefore the markets already expect these changes to reflect on the earnings report so prices will not move. Just as the saying goes, "Buy the Rumor, Sell the news."

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Sales at a fast-food restaurant average $6,000 per day. The restaurant decided to introduce an advertising campaign to increase
zimovet [89]

Answer: a. 2.8

Explanation:

Given : Population mean : \mu=\$6,000\text{ per day}

Sample size : n= 49> 30 , the sample is a large sample  we use z-test.

Sample mean = \overline{x}=\$6,400\text{ per day}

Standard deviation : \sigma= \$1,000

The test statistic for population mean is given by :-

z=\dfrac{\overline{x}-\mu}{\dfrac{\sigma}{\sqrt{n}}}\\\\\Rightarrow\ z=\dfrac{6400-6000}{\dfrac{1000}{\sqrt{49}}}=2.8

Hence, the value of the test statistic is 2.8

8 0
2 years ago
Monique's Unique Boutique sells clothing from around the world in the U.S. Monique regularly travels overseas to find the best a
Jobisdone [24]

Answer:

The correct answer is letter "B": importer.

Explanation:

Importing implies the act of buying goods from foreign countries to use them or resell them domestically. Imports take place when those goods are typically rare or scarce in the country where the goods are going to be used. Most imports include <em>technological products, raw materials, </em>and <em>clothing</em>.

4 0
1 year ago
A robust ______________ can go a long way to reducing project problems over the life of the project and will establish how, when
AysviL [449]

Answer:

Communication plan.

Explanation:

Project management can be defined as the process of designing, planning, developing, leading and execution of a project plan or activities using a set of skills, tools, knowledge, techniques and experience to achieve the set goals and objectives of creating a unique product or service. Generally, projects are considered to be temporary because they usually have a start-time and an end-time to complete, execute or implement the project plan.

The fundamentals of Project Management are considered universal across most businesses and professions.

The fundamentals of Project Management includes;

1. Project initiation

2. Project planning

3. Project execution

4. Monitoring and controlling of the project

5. Adapting and closure of project.

A communication plan can be defined as a project plan which explicitly outlines or states the set of people who needs an information, when it is delivered and what communication channel should be used to deliver the information to the stakeholders.

Hence, a robust communication plan can go a long way to reducing project problems over the life of the project and will establish how, when and to whom information must be supplied.

4 0
2 years ago
Andrew has been asked to estimate future cash flows for his company. He is having a hard time remembering how to estimate future
Sonja [21]

Answer: Andrew should look to find the information in SFAC No. 7. The level of the conceptual framework that his new knowledge will apply to is level 3.

Explanation:

From the question, we are informed that Andrew has been asked to estimate future cash flows for his company and that he is having a hard time remembering how to estimate future cash flows from his accounting classes.

Andrew should look to find the information in SFAC No. 7. The level of the conceptual framework that his new knowledge will apply to is level 3.

7 0
1 year ago
States use different types of trade strategies to try to improve economic outcomes, some are more "classic liberal," believing t
Alina [70]

Answer:

The correct answer is:

1 - Singapore

2 - Chile

3 - Ireland

4 - USA

5 - China

Explanation:

An open economy is one that carries out commercial interaction with the outside world. In other words, it buys and sells goods, services or financial assets with the rest of the world economies.

With the consolidation of international trade in recent decades and the phenomenon of globalization, this concept has reached its maximum expression, with economies more exposed to import and export as the basis of its economic model and with greater weight in its GDP. In this sense, it could be said that a closed economy is something currently utopian, since no country currently strictly complies with its theoretical requirements.

The most common procedure to open an economy is the assumption of trade agreements between countries, which regulate and control the entry and exit of goods and services, creating trade routes that can be expanded later in terms of economic integration.

3 0
1 year ago
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