The Rose Co. has earnings of $1.40 per share. The benchmark PE for the company is 15. What stock price would you consider appropriate

$21

Explanation:

The earning per share of Rose Co. is $1.40

The benchmark PE of the organization is 15

We are required to find which stock price would be most appropriate

Therefore, the stock price can be calculated as follows

Stock price= Benchmark PE×Earning per share

= $1.40×15

= $21

Hence the stock price that would be considered appropriate is $21

in 2001, dell computer became the world’s largest personal computer vendor, continuing to

gain market share and post profits in an industry struggling with slumping sales and billions of

dollars in losses. dell sells 90% of its pcs directly to the final customer, largely bypassing the

reseller channel that accounts for most of the world’s pc sales. this direct customer relationship

is the key to dell’s business model, and provides distinct advantages over the indirect sales

model. dell’s direct relationship with the customer allows it to tailor its offerings to customer

needs, offer add-on products and services, and use the internet to offer a variety of customer

services. in addition, dell’s pcs are built to customers’ specifications upon receipt of an order,

giving dell additional advantages over indirect pc vendors who must try to forecast demand and

ship products based on those forecasts. dell’s direct sales and build-to-order model has achieved

superior performance in the pc industry in terms of inventory turnover, reduced overhead, cash

conversion, and return on investment (kraemer, et al., 2000).

explanation:

answer; possession utility;