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masha68 [24]
1 year ago
14

The primary operating goal of a publicly-owned firm interested in serving its stockholders should be to a. Maximize the firm's e

xpected total income. b. Maximize the stock price per share over the long run, which is the stock's intrinsic value. c. Maximize the firm's expected EPS. d. Minimize the chances of losses. e. Maximize the stock price on a specific target date.
Business
1 answer:
Svetradugi [14.3K]1 year ago
4 0

Answer:

the answer is: B) Maximize the stock price per share over the long run, which is the stock's intrinsic value.

Explanation:

The goal for every business is to maximize its profit and by doing so the value of the company increases. The price of stock is determined by future cash flows, so the managers of the corporation should try to maximize their future cash flows in order to maximize the price of the stock.

The stockholders are the bosses of the corporation's managers and their job is to maximize their wealth and this is achieved by maximizing the stock price over the long run.  

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Stiller Corporation incurred fixed manufacturing costs of $12,000 during 2011. Other information for 2011 includes: The budgeted
DiKsa [7]

Answer:

Cost of Goods Sold will contain 9,600 of the fixed manufacturing cost

Explanation:

actual fixed cost 12,000

Under absorption cost, the produced units will take the complete manufacturing cost

total manufacturing cost / produced units

            12,000                 /    1,500 units        = 8

Then, we multiply by the amount of units sold to know how much of the manufacturing cost were recognize during the period

1,200 x 8 = 9,600

The rest, will be capitalized into inventory.

6 0
1 year ago
The author argues that Coca-Cola and General Motors sponsor sports for reasons that go beyond the desire to boost short-term sal
kicyunya [14]

Explanation:

Coca-Cola and General Motors are outstanding examples of using sponsorship as an effective tool to use sports to deliver cultural messages through their promotional activities sponsoring many small, regional sports teams and cultural events all around the world at schools, which goes far deeper than simply juxtaposing  logos in return for investment. They have a strong history of investing their resources to create events that bring the spirit of sports to cities around the world, and support athletes and teams, connecting with teens in an interesting and fun way, so they can use their power as a brand to encourage participation in sports.

These companies are committed to providing social value through its sponsorships strategy to be measured on a much broader level that includes the positive social impact it makes and the brand associations that it brings.

7 0
2 years ago
DAA's stock is selling for $15 per share. The firm's income, assets, and stock price have been growing at an annual 15 percent r
DaniilM [7]

Answer:

This question is incomplete since the required return is not pasted here. I checked on the web and found similar question with the firm's required rate of return is 18 percent. You can use this to solve the question as follows.

Explanation:

Use Dividend Discount Model (DDM) to find the intrinsic value of the stock.

Find the present value of dividends

D3 = 2

PV(of D3) = 2/(1.18^3) = 1.2173

D4 = D3(1+g) = 2(1+0.06) = 2.12

PV(of D4) = \frac{\frac{2.12}{0.18-0.06} }{1.18^{3} }

PV (of D4) = 17.6667/ 1.6430 = 10.7527

Next, sum up the present values ;

= 1.2173 + 10.7527

= $11.97

Therefore, DAA's stock is currently overpriced ,so you should not buy it since it is only valued at $11.97 and not $15.

6 0
1 year ago
Peter is the vice president of accounting and finance. For the past year he has solely provided the resources necessary to get t
Wewaii [24]

Answer:

This project is failing <u>organizational</u> feasibility analysis.

Explanation:

Organizational feasibility analysis is conducted to determine whether a proposed business has sufficient management expertise, organizational competence, and resources to successfully launch its business.

8 0
1 year ago
If the NCUA charges 6.3 cents per 100 dollars insured and Credit Union L pays $8,445 in NCUA insurance premiums, approximately h
Iteru [2.4K]
$8,445 = 844,500 cents
844,500 : 6.3 = 134,047.61
134,047.61  · 100 = $13,404,761 ≈ $13.4 million
Answer:
C ) $13.4 million
7 0
1 year ago
Read 2 more answers
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