subject
Business, 18.10.2019 07:00 helpmeplease95

Fontaine inc. recently reported net income of $2 million. it has 500,000 shares of common stock, which currently trades at $40 a share. fontaine continues to expand and anticipates that 1 year from now, its net income will be $3.25 million. over the next year, it also anticipates issuing an additional 150,000 shares of stock so that 1 year from now it will have 650,000 shares of common stock. assuming fontaine’s price/earnings ratio remains at its current level, what will be its stock price 1 year from now?

ansver
Answers: 2

Another question on Business

question
Business, 21.06.2019 14:30
The government often provides goods that are nonrivalrous and nonexclusive to overcome which market failure
Answers: 1
question
Business, 21.06.2019 21:30
The following cost data pertain to the operations of montgomery department stores, inc., for the month of july. corporate legal office salaries $ 75,300apparel department cost of sales"evendale store $ 97,200corporate headquarters building lease $ 50,300store manager's salary"evendale store $ 12,900apparel department sales commission"evendale store $ 11,550store utilities"evendale store $ 12,800apparel department manager's salary"evendale store $ 10,450central warehouse lease cost $ 18,600janitorial costs"evendale store $ 11,800 the evendale store is just one of many stores owned and operated by the company. the apparel department is one of many departments at the evendale store. the central warehouse serves all of the company's stores. required: 1. what is the total amount of the costs listed above that are direct costs of the apparel department? 2. what is the total amount of the costs listed above that are direct costs of the evendale store? 3. what is the total amount of the apparel department's direct costs that are also variable costs with respect to total departmental sales?
Answers: 1
question
Business, 22.06.2019 21:10
In transportation model analysis, the stepping-stone method is used to: a. obtain an initial feasible solutionb. evaluate empty cells for possible degeneracyc. evaluate empty cells for potential solution improvementsd. identify a dummy origin pointe. balance supply and demand
Answers: 1
question
Business, 23.06.2019 00:00
An attorney came to work on a saturday. when he signed in, he was advised by the morning security guard employed by the building management that he must be out of the building by 5 p.m., when it closes. however, he stayed past 5 p.m. to complete a brief that had to be filed on monday morning. at 5: 15 p.m., the afternoon security guard set the locks on all the doors of the building and left. because she was in a hurry, she did not check the sign-in sheet to make sure that everyone had signed out, contrary to mandatory procedures. when the attorney tried to exit 15 minutes later, he discovered that the doors were all locked and could not be opened from the inside. he used his cell phone to call for , and a supervisor from the building arrived and let him out shortly thereafter. if the attorney sues the building management for false imprisonment, is he likely to win?
Answers: 1
You know the right answer?
Fontaine inc. recently reported net income of $2 million. it has 500,000 shares of common stock, whi...
Questions
question
History, 30.09.2019 15:50
Questions on the website: 13722363