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Harman [31]
2 years ago
8

The intrinsic value of a company’s stock, also known as its fundamental value, refers to the stock’s "true" value based on accur

ate risk and return data. The value perceived by stock market investors determines the market price of a stock. A stock trading at a price below its intrinsic value is considered to be undervalued. A stock trading at a price above its intrinsic value is considered to be overvalued.
The goal of the managers of a publicly owned company should be to maximize the firm's_______

An analyst with a leading investment bank tracks the stock of Mandalays Inc. According to her estimations, the value of Mandalays Inc.'s stock should be $37.32 per share, but Mandalays Inc.'s stock is trading at $45.59 per share on the New York Stock Exchange (NYSE). Considering the analyst's expectations, the stock is currently:

a. in equilibrium

b. undervalued

c. overvalued
Business
1 answer:
slava [35]2 years ago
3 0

Answer:

The goal of the managers of a publicly owned company should be to maximize the firm's <u>INTRINSIC VALUE</u>.

The board of directors' and upper management's main goal is to maximize the corporation's value in order to maximize stockholders' wealth.

An analyst with a leading investment bank tracks the stock of Mandalays Inc. According to her estimations, the value of Mandalays Inc.'s stock should be $37.32 per share, but Mandalays Inc.'s stock is trading at $45.59 per share on the New York Stock Exchange (NYSE). Considering the analyst's expectations, the stock is currently:

  • c. overvalued

If the analyst considers that the stock's intrinsic price is $37.32 and the market price is $45.59, this means that currently the stock is overvalued.

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Which of the following statements concerning the procurement process are TRUE?a. Vendor billing is one of the steps.b. Only one
Lostsunrise [7]

Answer:

a. Vendor billing is one of the steps.

c. Goods receipt is one of the steps

d. The send payment step involves creation of an FI document

Explanation:

The procurement includes the billing of the vendor, that is to negociate with suppliers for the price and accept the agrements made. Then we are going to receive the goods and check if they fulfil the quantity and quality requested.

Finally, the procurement department will pay the supplier. The FI document stands for the accounting entry to record transactions into the accounting

7 0
2 years ago
In the process of reconciling its bank statement for January, Maxi's Clothing's accountant compiles the following information:
CaHeK987 [17]

Answer:

(D) $4,055

Explanation:

To find the adjusted book balance, we need the ending balance of the cash book:

Book balance                                  $4,725

Less: bank service charges                 (25)

Less: EFT                                             (380)

Less: NSF check returned by bank   (265)

<em>Adjusted book balance</em>                  <u>$4,055</u>

Since bank service had been deducted from the bank, Maxis clothing had to deduct the same amount. When bank deducts any money, generally it notifies through text message or sometimes does not notify directly. Therefore, It had to be deducted from the cash book.

Maxi's accounts receivable paid him a check and the firm immediately added the amount to the cash book. When the accountant went for depositing the check, there were not sufficient fund (NSF). Therefore, the amount did not add to the bank balance. Hence, the firm had to deduct it again.

Through Electronic Fund Transfer (EFT), a payment had been made by the bank for Maxi clothing. Since the expense did not deduct from the cash book, the amount had to deduct it to get the adjusted book value.

7 0
2 years ago
The Basics of Business Writing
mario62 [17]

Answer:

1) a. Audience oriented

2) a. Purposeful

3) True

4) All except a

5) a. Analyze e. Anticipate d. Adapt

6) b. Analyzing

7) b. organizing

8) a. Editing

9) b. 50 percent

Explanation:

Purposeful:

It conveys information and solves problems

Persuasive:

Its goal is to make the audience accept and believe the message

Economical:

It's clear and concise and doesn't waste the reader's time; length is not rewarded

Audience Oriented:

It focuses on the reader, not the sender; concentrate on looking at a problem from the perspective of the audience instead of seeing it from your own.

5 0
2 years ago
Worldwide quarterly sales of a brand of cell phones were approximately q = −p + 136 million phones when the wholesale price was
Gre4nikov [31]

Answer:

$51

Explanation:

Data provided:

Sales function as: ( q = −p + 136 ) million phones

here, p is price in dollars

a) supply function as: ( q = 9p - 374 ) million phones

now,

for equilibrium price, the supply should be equal to the sales

i.e

−p + 136 = 9p - 374

or

136 + 374 = 9p + p

or

10p = 510

or

p = $51

Hence, the equilibrium price should be $51

8 0
2 years ago
As the winner of a contest, you are now CFO for the day for Maguire Inc. and your day's job involves raising capital for expansi
tigry1 [53]

Answer

The answer and procedures of the exercise are attached in the following archives.

Step-by-step explanation:

You will find the procedures, formulas or necessary explanations in the archive attached below. If you have any question ask and I will aclare your doubts kindly.  

5 0
2 years ago
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