A firm has a current EPS of $2.54 and a benchmark PE of 16.4. Earnings are expected to grow 3.8 percent annually. What is the target stock price in one year

$43.24

Explanation:

Calculation for the target stock price in one year

Using this formula

P1=Current EPS×(1+Earnings expected growth)× PE

Let plug in the formula

P1 = $2.54 × (1 + .038) × 16.4

P1 = $2.54 × 1.038× 16.4

P1= $43.24

Therefore the target stock price in one year will be $43.24

1. Daveed = Market

2. Miranda = Adhocracy

3. Olivia  = Market

4. Caprice =  Clan

5. Joseph = Clan

6. Aaron  = Hierarchy

7. Wallace = Adhocracy

8. Leslie = Hierarchy

Explanation:

Adhocracy: The characteristics of this corporate culture include experimentation, innovation, creativity, entrepreneurship, individual ingenuity and freedom, with high energy and risk-taking.

Hierarchy:  This organizational culture is characterized by structure, control, formal workplace, institutional procedures, organized leadership, and consistency.

Market: The market culture is competitive, results-oriented, and tough and demanding leaders, who care only for profits.

Clan: A clan culture prevails where individuals are treated like parts of a big family with high collaboration, teamwork, communication, and consensus.