Castles in the Sand generates a rate of return of 10% on its investments and maintains a plowback ratio of 0.30. Its earnings this year will be $4 per share. Investors expect a rate of return of 8% on the stock. a. Find the price and P/E ratio of the firm. (Do not round intermediate calculations. Round your answers to 2 decimal places.) b. Find the price and P/E ratio of the firm if the plowback ratio is reduced to 0.20. (Do not round intermediate calculations. Round your answers to 2 decimal places.)

Arecession is defined as a period in which

According to management education expert ashok rao, companies can increase their profitability by through careful inventory management. a. 5% to 10% b. 10% to 25% c. 20% to 50% d. 75%

1. what must one do to perform the essential managerial task of controlling in achieving organizational goals? a. motivate, coordinate, and energize individuals and groups to work together to achieve organizational goals b. choose appropriate organizational goals and courses of action to best achieve those goals c. establish task and authority relationships that allow people to work together to achieve organizational goals d. establish accurate measuring and monitoring systems to evaluate how well the organization has achieved its goals