Perine, inc., has balance sheet equity of $6.8 million. at the same time, the income statement shows net income of $836,400. the company paid dividends of $414,018 and has 200,000 shares of stock outstanding. if the benchmark pe ratio is 32, what is the target stock price in one year? assume the firm will grow at the sustainable growth rate.

Opponents of the traditional budgeting process argue that the process has to serve too many purposes to be useful in any one particular discipline-allocating resources, financial planning, performance management, and setting operational targets. they also argue that because meeting budgets are often tied to compensation packages, there are often negotiations and biases during the budgeting process, and ethical dilemmas arise. counter these points with at least two of the value-added aspects of traditional budgeting for your respons

Mature industries are characterized byanswers: an increase in total industry demand.faster increases in production capacity.a slowdown in the introduction of new products or services.a decrease in the amount of international competition.

Suppose you are the manager of a watchmaking firm operating in a competitive market. your cost of production is given by cequals=300300plus+22q squaredq2​, where q is the level of output and c is total cost.​ (the marginal cost of​ production, mc left parenthesis q right parenthesismc(q)​, is 44​q; the fixed​ cost, fc, is ​$300300​). if the price of a watch is ​$8080​, how many watches should you produce to maximize​ profits? you should produce nothing watches.