The first question seeks to gather information about the demographic characteristics and climbing preferences of Extreme Exposure's members.
Demographic information may include age, gender, location, and other relevant details that provide an understanding of the member base. Additionally, it aims to explore the types of climbing activities that members typically engage in, such as sport climbing, bouldering, traditional climbing, or indoor climbing.
The question also inquires about the frequency of their climbing activities, whether they climb occasionally, weekly, or more frequently.
The second question focuses on assessing members' satisfaction with Extreme Exposure's climbing facilities.
It aims to gather feedback on various aspects of the climbing facilities, such as the quality of equipment, safety measures, cleanliness, layout, and accessibility. By asking members to rate these facilities, the company can gain insights into areas of strength and potential areas for improvement.
The third question explores members' opinions regarding the cost of the Extreme Exposure membership fee.
It aims to gather feedback on whether members perceive the fee as reasonable and whether they feel it offers good value for the services and facilities provided. By understanding members' opinions on the cost, the company can assess the competitiveness of their pricing strategy and make adjustments if necessary to meet members' expectations.
Overall, these questions provide valuable insights into the demographic profile, satisfaction with facilities, and perceptions of the membership fee among Extreme Exposure's members. This information can help the company tailor its offerings to better meet the needs and preferences of its members, leading to improved customer satisfaction and loyalty.
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aquaculture in net pens can be compared to cafos. a drawback of aquaculture in net pens is
A drawback of aquaculture in net pens is the escape of exotic species into new ecosystems.
What is net pen aquaculture and its drawbacks?A net pen, often known as a sea cage, is a closed, floating cage. The building houses farmed fish and allow water to freely flow through the pen. Although there are many different designs, net pens in Puget Sound are typically made of a floating frame with walkways and a two-layered underwater cage.
Fish escapes, sedimentation and pollution below net pens, inputs of chemicals and antibiotics, phytoplankton blooms, the introduction of exotic infections, and interactions with marine predators are only a few of the ecological problems connected to marine net pen aquaculture. Increased disease transmission between farmed fish and local native fish due to aquaculture results in more waste and excrement being dumped along the shoreline.
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What does the business entity principle primarily prevent?
Answer:
The business entity concept states that the transactions associated with a business must be separately recorded from those of its owners or other businesses. Doing so requires the use of separate accounting records for the organization that completely exclude the assets and liabilities of any other entity or the owner.
Answer:
The business entity principle states that the business and its owner are two separate entities in the eyes of the law. Therefore, their respective investments, withdrawals, income, expenses, profits, and losses should also go into separate accounts. The business accounts should never include the owner’s personal transactions because this might lead to ambiguous accounting information. Thus, the business entity principle primarily prevents a distorted view of the financial condition of the business. It helps in getting a clear understanding of how well the business is actually doing.
Explanation:
sample response given when you check your work
True/False: harry and sally were married on december 23, 2018. their income for the entire year is reported on a joint return assuming they do not file married filing separately.
True. Harry and Sally were married on December .Their income for the entire year is reported on a joint return assuming they do not file married filing separately.
1. Since Harry and Sally were married on December 23, 2018, they are considered married for the entire year of 2018 according to the IRS. 2. Married couples have the option to file their income taxes jointly or as "married filing separately."
3. If they choose to file jointly, they will report their combined income for the entire year on a single tax return. 4. In this scenario, it is stated that Harry and Sally do not file married filing separately, which means they will file a joint return. 5. Therefore, their income for the entire year is reported on a joint return.
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The disruption or merging of physical commence/retail with online/virtual products & shopping, e.g. "showrooming", influencers, home delivery & streaming, and technology-augmented reality (the "Pokémon Go effect") - Smart phones/mobile applications, virtual worlds, NFTs, digital currencies - GPS with GIS, ML, AI (see Agrawal, Gans & Goldfarb, 2018) - Wearable tech - Big data/cloud computing .
The disruption or merging of physical commerce/retail with online/virtual products & shopping refers to a variety of innovations that have changed the way consumers shop and interact with brands.
What is innovations?Innovation is the process of creating something new or improving upon existing ideas. It is all about finding better ways to do things and coming up with creative solutions to existing problems. It can involve coming up with new products, services, processes, or technologies, or even new ways of doing things.
Technology-augmented reality, such as the “Pokémon Go effect”, has also revolutionized the way customers interact with brands. Smart phones and mobile applications allow customers to access products and services in a more convenient way, while virtual worlds offer customers a more immersive experience. Non-Fungible Tokens (NFTs) and digital currencies provide customers with a secure and convenient way to buy and sell digital goods, while GPS and GIS, Machine Learning (ML) and Artificial Intelligence (AI) allow companies to track customer behavior and optimize their offerings.
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Select the correct answer.
Which marketing strategy is the most effective in the modern era?
O A. relationship marketing
OB. marketing mix
Oc relationship marketing combined with the marketing mix
OD. considering the short-term interests of society
O E.
customer service
Answer:
Customer Service
Explanation:
the aggregate demand curve shifts when there are changes in: multiple choice the price level. aggregate spending that are not caused by changes in output or the price level. planned spending that are caused only by changes in output or the price level. real gdp or real output and income.
The aggregate demand curve shifts when there are changes in planned spending that are caused only by changes in output or the price level.
What is the aggregate demand curve?An aggregate demand curve serves as the curve that do shows the total spending on domestic goods as well as the services which is been shown at each price level.
It should be noted that the aggregate demand curve, can shift depends on the situation, for instance it can shifts to the right as the components of aggregate demand due to :
consumption spending investment spending government spendingIn conclusion, there can be a shift in the aggregate demand curve as a result of the planned spending which comes due to only by changes in output .
Therefore, the second option is correct.
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Businesses buy Factors of Production from households. In which part of GDP would a firm purchasing a Factor of Production be considered?
A. Taxation
B. Investment
C. Government Spending
Investment :)
I just got the same question hahah
Predict Consequences When the economy is
expanding, which of the following is a business
MOST likely to do?
A. close its international branches
B. lay off employees
C. invest in new equipment
D. cancel new product development
The correct option is C.
When the economy is expanding, the business invests in new equipment.
What happens during an expansion in the economy?Expansion, in economics, is an upward trend in the business cycle, characterized by an increase in production and employment, which in turn causes an increase in the incomes and spending of households and businesses.
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2. What do you think Alana's goals should be?
I think Alana's goal should be to create a budget that will make her save enough money to pay for all expenses.
What's plutocrat? Plutocrat is any item or empirical record that's generally accepted as payment for goods and services and prepayment of debts, similar as levies, in a particular country or socio- profitable environment.The primary functions which distinguish plutocrat are as a medium of exchange, a unit of account, a store of value and occasionally, a standard of remitted payment. What's significance of plutocrat? Plutocrat can not buy happiness, but it can buy security and safety for you and your loved bones. Mortal beings need plutocrat to pay for all the effects that make your life possible, similar as sanctum, food, healthcare bills, and a good educationLearn more about money here:
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Notes and memos are examples of communication type: o Informal written. O Formal written. o Informal verbal. o Formal verbal.
Notes and memos are examples of informal written communication type. Explanation:In general, a memo is a written message that is usually used for business communication and is sent within a company or organization.
A note is a short piece of writing that can be used to communicate quickly within an organization or between individuals. Both notes and memos are examples of informal written communication. A memo is a type of written communication that is used for business purposes, and it is usually sent within a company or organization. Memos are often used to communicate important information about new policies, procedures, or other changes within a company or organization. Note, on the other hand, are generally used for informal communication.
They can be used to communicate anything from a simple message to a more complex idea. Unlike a memo, which is usually longer and more detailed, a note is typically short and to the point. It can be written on a piece of paper or typed on a computer, and it can be sent electronically or delivered in person.In summary, notes and memos are examples of informal written communication type.
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What is the key to creating value for consumers? multiple choice question. convincing consumers that they need a product, even if they do not perceive that they do
The key to creating value for consumers is not convincing them they need a product they don't perceive a need for.
The key to creating value for consumers lies in understanding and meeting their needs and desires effectively. Convincing consumers that they need a product, even if they do not perceive a need for it, is not the optimal approach. Instead, value creation involves identifying and addressing existing gaps or opportunities in the market, delivering products or services that fulfill consumers' desires, solving their problems, and enhancing their overall satisfaction.
By focusing on consumer insights, preferences, and expectations, businesses can develop and offer valuable solutions that genuinely resonate with consumers and provide them with benefits, leading to long-term customer loyalty and success in the market.
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What are the tax advantages associated with making contributions to an RPP or an RRSP? Describe the basic differences between an RRSP and a RRIF. How is Earned Income defined for purposes of determining the RRSP Deduction Limit?
Contributions to Registered Pension Plans (RPPs) and Registered Retirement Savings Plans (RRSPs) offer several tax advantages. Here are the tax benefits associated with making contributions to these plans: Tax-deferred contributions, Tax-sheltered growth, Tax-deductible contributions.
1. Tax-deferred contributions: Both RPPs and RRSPs allow individuals to contribute funds on a pre-tax basis. Contributions made to these plans are deducted from the individual's taxable income for the year, reducing the amount of income subject to taxation. This provides an immediate tax benefit by lowering the individual's current tax liability.
2. Tax-sheltered growth: Once the contributions are made, the funds within an RPP or an RRSP can grow on a tax-deferred basis. Any investment earnings or capital gains generated within the plan are not subject to immediate taxation. This allows the investments to grow and compound over time without being diminished by annual taxes on investment income.
3. Tax-deductible contributions: Contributions made to an RRSP are fully tax-deductible within certain limits. The amount that can be contributed and deducted depends on the individual's earned income and the annual RRSP deduction limit set by the government. The contributions made to an RRSP can be deducted from the individual's taxable income, resulting in a reduction in the overall tax liability.
Now, let's discuss the basic differences between an RRSP and a RRIF:
1. RRSP (Registered Retirement Savings Plan): An RRSP is a tax-advantaged savings plan designed to help individuals save for retirement. Contributions made to an RRSP are tax-deductible, and the investments within the plan grow on a tax-deferred basis. The contributions made to an RRSP are subject to an annual deduction limit based on the individual's earned income.
2. RRIF (Registered Retirement Income Fund): An RRIF is a tax-deferred retirement income vehicle that is created by converting an RRSP. When an individual reaches the age of 71 in Canada, they must convert their RRSP into an RRIF or use the funds to purchase an annuity. In an RRIF, the accumulated savings in the RRSP are converted into regular income payments, which are subject to taxation. The minimum annual withdrawal amounts from an RRIF are regulated by the government and increase as the individual ages.
Earned income is defined for the purpose of determining the RRSP deduction limit. It includes income from employment, such as salaries, wages, and bonuses. It also includes net self-employment income and certain other types of income, such as rental income from real property. Earned income does not include passive income sources like investment income, rental income from property that does not require significant personal involvement, or pension income.
The RRSP deduction limit is generally based on a percentage of the individual's earned income, up to a specified maximum limit set by the government. The exact calculation of the deduction limit can be complex and depends on various factors, including the individual's previous year's earned income and any pension adjustments. It is advisable to consult with a tax professional or refer to the guidelines provided by the Canada Revenue Agency (CRA) for specific calculations and rules related to RRSP contribution limits and deductions.
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Mr. Coffey bought a house for $195,000. He made a 20% down payment. The interest
rate is 5.25% for 30 years. Use the loan payment calculator to answer the following
questions. (do not use commas or dollar signs in your answer)
What is his monthly payment?
Answer: $861.44
Explanation:
Given the following :
Purchase price = $195,000
down payment = 20%
Interest rate = 5.25%
Period = 30 years
Down payment = 0.2 × $195,000 = $39,000
Therefore, loan amount will be :
$(195,000 - 39,000) = $156,000
The payment per period (monthly payment) can be calculated using the annuity calculator.
Present value = $156,000
Number of periods = 30yrs = 30× 12 = 360 months
Interest = 5.25% / 12= 0.4375% = 0.004375
Future value = 0 (Amount when entire loan has been paid)
Therefore, the payment per period is $861.44 using the financial calculator.
Help me!
Give few examples of resources that are at the risk of depletion.
Answer:
There are several types of resource depletion, the most known being: Aquifer depletion, deforestation, mining for fossil fuels and minerals, pollution or contamination of resources, slash-and-burn agricultural practices, Soil erosion, and overconsumption, excessive or unnecessary use of resources.
Aquifer depletion, deforestation, mining for fossil fuels and minerals, pollution or contamination of resources, slash-and-burn farming methods, soil erosion, and overconsumption, excessive or unneeded use of resources are some of the more well-known examples of resource depletion.
What natural resources are at risk of depletion?Minerals, oil, water, and forests are the resources that are most at risk of being exhausted. The primary driver of deforestation is agriculture, and as food prices rise, more land is being destroyed for crops. Deforestation is a major cause of carbon dioxide emissions, which contribute to global warming.
As of now, there are more than 7 billion people living on Earth, which has resulted in a significant strain on the natural resources that our planet provides due to the ever-increasing demand for these resources. Resource depletion is the correct word to use when the pace of resource use exceeds the rate of resource replenishment. Resource depletion is not a particularly fancy or difficult phrase, but it has been the focus of much research for some time.
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What is the total annual dividend received from owning 100 shares of stock A, if Company A issues a $0.15 quarterly dividend to its shareholders?
Answer:
$60/year
Explanation:
If Company A issues a $0.15 quarterly dividend to its shareholders, then the annual dividend per share would be:
$0.15/quarter x 4 quarters/year = $0.60/year
To find the total annual dividend received from owning 100 shares of stock A, we can multiply the annual dividend per share by the number of shares:
$0.60/year x 100 shares = $60/year
Therefore, owning 100 shares of stock A would result in a total annual dividend of $60.
what are some of the reasons that people are unbanked?
They believe they do not have sufficient funds to keep a bank account. A desire to maintain privacy or distrust of banks (occasionally brought on by a negative previous experience with a bank).
What is the most prevalent reason why no one has a bank account?There were a number of reasons given by customers for not having a bank account. Customers cited insufficient funds, high or unpredictable fees, and a lack of trust in banks as the top three reasons why they did not have accounts.
Who most likely does not have a bank account?Those who have a higher level of education have a higher proportion of people who are fully banked. According to the report, adults without a high school diploma have the highest rate of unbanked individuals of any demographic group, at 24 percent. Additionally, this is the only demographic group with a higher likelihood of being underbanked than unbanked.
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Louisa works in marketing. She works with several different areas of the company that employs her. Which task does Louisa have others perform?
A. Conducting meetings at a satellite office
B. Working on new marketing campaigns at home
C. Participating in teleconferences in her home office
D. Training other employees to use a computer
Answer:D
Explanation: so other employees have more experience and will be able to help around the office more
Answer:
The correct answer to your question is B. Working on new marketing campaigns at home.
Explanation:
Edge 2021:)
How important is money
Answer:
very important
Explanation:
money is a global income source for everyone. we all have different types but it is all still money. now say one country got rid of money and had people pay for stuff using other things. if china did that lots of different countries wouldn't be able to get stuff from there unless they had so much of that product they could just give it up.
what type of retirement plan provides the participant with a fixed benefit upon retirement?
The type of retirement plan that provides the participant with a fixed benefit upon retirement is a Defined benefit plan.
In a defined benefit plan, the retirement benefit is predetermined based on factors such as the employee's salary history, years of service, and a specific formula outlined in the plan. The employer is responsible for funding the plan and assumes the investment and longevity risks.
With a defined benefit plan, the participant receives a specific amount of income during retirement, usually in the form of a monthly pension payment. The benefit is typically based on a percentage of the employee's average salary or a specific formula related to years of service. The plan may also include additional provisions such as cost-of-living adjustments or survivor benefits.
Unlike defined contribution plans, such as 401(k) plans, where the retirement benefit depends on the contributions made and the investment performance, a defined benefit plan offers a predictable and guaranteed retirement income. However, it places the financial responsibility on the employer to fund and manage the plan to ensure the promised benefits can be paid to the participants.
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A balanced scorecard that includes both strategic and financial performance targets is a conceptually strong approach for judging a company's overall performance because
it considers a comprehensive range of factors that contribute to the company's success. By incorporating both strategic and financial performance targets, a balanced scorecard provides a holistic view of the organization's performance, taking into account various aspects such as customer satisfaction, innovation, and financial outcomes.
Strategic performance targets assess the company's progress in achieving its long-term objectives and aligning its actions with its strategic vision. These targets reflect critical factors for success that may not be captured solely by financial metrics. They provide insights into areas such as market share, customer loyalty, operational efficiency, and employee engagement, which are essential for sustainable growth and competitive advantage. Financial performance targets, on the other hand, focus on the company's economic outcomes, profitability, and return on investment. These metrics are crucial for assessing the company's financial health, generating shareholder value, and ensuring the organization's viability in the long run. By combining strategic and financial performance targets, a balanced scorecard enables a more comprehensive evaluation of a company's overall performance. It helps align strategic objectives with operational actions, provides a broader perspective beyond financial metrics, and facilitates effective decision-making by considering multiple dimensions of success.
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.Understanding the concept of culture is essential to business communicators living and working in a globalized society. Culture is a powerful force that shapes the way we think and behave.
Choose those characteristics that describe culture from the following list. Check all that apply.
a)Culture is personal.
b)Culture is solely dedicated to art and music.
c)Culture is inherently illogical.
d)Culture is learned.
e)Culture is dynamic.
f)Culture combines the visible and the invisible.
Understanding the concept of culture is essential to business communicators living and working in a globalized society. Culture is a powerful force that shapes the way we think and behave. The essential characteristics that describe culture are learned, dynamic, and combines the visible and the invisible
Culture refers to the patterns of behavior and thinking that are shared by a group of people who live in a particular place or time. Culture is not something that can be directly observed. Instead, it is something that is learned from others and is passed down from one generation to the next.Culture is dynamic, which means it is constantly changing over time. Cultural changes can happen for many reasons, such as the influence of other cultures, changes in technology, or changes in political and economic conditions. Cultural changes can be slow or fast, and they can be visible or invisible.Culture combines the visible and the invisible. The visible aspects of culture include things like clothing, food, music, and art. The invisible aspects of culture include things like beliefs, values, and social norms. Both the visible and invisible aspects of culture are essential to understanding how people think and behave in different parts of the world.
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Type the correct answer in the box. Spell all words correctly.
Which good customer service skill does Tony seem to possess?
Tony works as a customer service professional for a store that sells refrigerators. He met a customer who was furious with the store's service.
Apparently, the store had delivered the wrong refrigerator model to the customer's home address. Tony apologized on behalf of the store. He
told the customer that the store would quickly replace the product. He Interacted with the customer for a while and promised that the store
would never give the customer a chance to complain in the future. Tony's ________
helped him make the customer believe
In the store's service.
Answer:
professional manner and reassurance
Body glove’s social media managers have been creating a series of lifestyle videos that highlight the benefits of physical fitness and yoga through its ""create happiness"" campaign. ________ allows customers to become subscribers to ensure they never miss a new posting.
Body glove’s social media managers have been creating a series of lifestyle videos that highlight the benefits of physical fitness and yoga through its "create happiness" campaign. You-tube allows customers to become subscribers to ensure they never miss a new posting.
Social media managers are people that generally responsible for developing strategies to improve brand awareness and reputation. They do that by producing content, creating (as well as overseeing) social campaigns, engaging with online followers, and overall creating an active social media presence.
To achieve that, they use social media. The social media that use videos and allows customers to become a subscriber on their platform is You-tube.
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What is the pricing strategy for a fried chicken company?
The pricing strategy for a fried chicken company can vary based on factors such as competition, target market, and cost of ingredients.
One common pricing strategy is value-based pricing, where the company sets their prices based on the perceived value of their product compared to their competitors. Another strategy is cost-plus pricing, where the company calculates their costs and adds a markup to determine the final price. Some companies may also use promotional pricing, such as offering discounts or specials to attract customers. Ultimately, the pricing strategy chosen should align with the company's overall business goals and brand positioning. A fried chicken company's pricing strategy should involve a mix of cost-based, competition-based, value-based, psychological, and promotional pricing to effectively target customers and achieve desired profit margins.
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Areaif a perfectly competitive firm receives a marginal revenue of $10 for its product and the minimum average variable cost is $11, then the firm should, in the short run: a.reduce the level of output its produces b.increase the level of output it produces c.neither increase nor decrease the level of output it produces d.shut down
Areaif should reduce the level of output it produces
What is marginal revenue?
The increased total revenue produced by increasing product sales by 1 unit is known as marginal revenue, and this is a key concept in microeconomics.
What is the average variable cost?
The average variable cost in economics is calculated by dividing the firm's variable costs by the volume of product produced.
In the short run, the firm should reduce its level of output so that the average variable cost equals the marginal revenue.
If this is done, the firm will be able to earn the maximum profit in the short run.
Therefore, Areaif should reduce the level of output it produces.
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Which of the following is NOT one of the credit reporting agencies?
Answer:
we need the opitions lol
Explanation:
Grey Corporation has $100,000 of accounts receivable on December 31. The unadjusted balance of its Allowance for Doubtful Accounts is a credit of $1,000. Experience suggests 5 percent of its receivables will be uncollectible. The amount that should be debited to Bad Debt Expense and credited to Allowance for Doubtful Accounts in the year-end adjusting entry is:
Answer: $4000
Explanation:
Amount receivable = $100,000
Allowance for uncolletible account at 5%= 5% x 100,000 =$5000
Adjusted balance for Allowance for doubtful accounts = credit of $1000
Bad Debit Expense = Allowance for uncolletible account - Adjusted credit balance on doubtful accounts=$5000-$1000= $4000
JOURNAL ENTRY
Date Accounts Debit Credit
31 Dec Bad Debts $4000
Allowance for doubtful account $4000
The repair service that fixes your farming equipment doesn’t seem to fix your plow correctly. The technician says that if you are not happy, you can buy a new plow from him, but the cost is extremely high. Do you have other options available to you for higher-quality repairs or cheaper equipment? Explain your answer.
Answer:
Your best option would be for higher quality repairs and higher quality equipment, this would save you more money and time in the long run where you have the ability to do other things.
Explanation:
Mark as Brainliest please!
Ill give u a cookie
Answer:
No, because in command economies, there is no competition. So, there are no other repair services that would offer higher-quality repairs or cheaper equipment. Additionally, no incentive exists for the technician to provide high-quality service.
Explanation:
the actual answer
(10 marks) 1. Looking at Nigeria as a potential emerging market, mention and explain 4 factors you think are preventing Nigeria from becoming an excellent emerging market to invest in? 2. If you were given the chance, resources and power to change Nigeria, which one out of the 4 problems identified above would you try to solve and how would you do it?
Answer:
1. Political instability
2. High cost of taxation
3. Insecurity
4. Changes in law and policy
Explanation:
1A. Political instability. The uncertainty regarding political decisions is one of the major threat to foreign investment in Nigeria. Where there are daily crises in terms of political events, such will scare away potential investors. Moreover, if government changes regulations guiding businesses or do not enforce such changes, it may cut down the returns that should ordinary be made by the investors hence discourage them from making further investment.
1B. High cost of taxation. Emerging economies such as Nigeria imposes too many taxes on local and foreign investors who have their companies situated there. For instance, the federal government through Federal lnland Revenue services is saddled with the responsibility of collecting various types of taxes such as company income tax, withholding taxes etc. Moreover, state governments also levy taxes on these companies for situating and carrying out business transactions in their state.
1C. Insecurity. The prevalence insecurity in the North East discourages investors from investing in Nigeria. The country has to grapple with the daily threat posed by these terrorist. Again, the activities of these terrorist group including the dreaded bandits and local militants have claimed and destroyed lots of lives and properties over the years. Due to their constant and continuous activities, Nigeria has been included among terrorist nations hence scares investors away from coming to invest in the country because no one would want his or her investments to be destroyed.
1D. Changes in law and policy. Emerging countries such as Nigeria is used to changing laws regulating businesses constantly. Most of these changes come through variation of existing contracts such as using executive powers(circulars, administrative orders,directives etc). The continuous changes in law and policy is capable of discouraging investors from investing in the country.
2. If I have the resources to change any of the above, I would change political instability. The reason is that a country that is not stable politically cannot attract foreign investment. I would try as much possible to bring together all the political players in the country by asking them to ignore their political differences hence work towards common good of the country.
the market capitalization rate on the stock of aberdeen wholesale company is 10%. its expected roe is 12% and its expected eps is $5.00. if the firm's plow-back ratio is 50%, its p/e ratio will be .
If the firm's plow-back ratio is 50%, its p/e ratio will be = 14.29.
The definition of a 'firm' inside the subject of economics is any agency that seeks to make earnings through manufacturing or promoting products or services – or both – to consumers. as an instance, one of the most commonplace makes use of this term is for 'regulation corporations,' which commonly promote offerings in relation to the regulation.
A company is a for-profit enterprise, commonly fashioned as a partnership that provides professional offerings, which include prison or accounting services. The concept of the company posits that firms exist to maximize income.
The PE ratio is computed as follows:
= (1 - Blowback ratio) / (market capitalization rate - growth rate)
the growth rate is computed as follows:
= plow back ratio x ROE
= 0.60 x 0.12
= 0.072
So, the PE ratio will be as follows:
= (1 - 0.60) / (0.10 - 0.072)
= 0.40 / 0.028
= 14.29
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