1. A firm reported net income of $198,500 and has 220,000 shares of outstanding stock. If the firm’s P/E ratio is 16.4, what is the current value of the stock?
2. How will a commission-based pay planl benefit the organization to have variable costs such that expenses are directly related to economic compensation lowering the fixed expenditure?
3. Miguel deposits 5040 dollars in an account, and 4 years later the account balance is 9880 dollars. If interest is compounded monthly, what is the rate of interest per month?