shelly is a student who has received an academic scholarship to the university. the scholarship paid $4,000 for tuition, $500 for fees, and $400 for books. what amount must shelly include in her gross income?

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Answer 1

If Shelly is a student who has received an academic scholarship that paid $4,000 for tuition, $500 for fees, and $400 for books, no amount must be added to her gross income.

Scholarships that cover eligible educational costs at eligible educational institutions are often exempt from taxation. The sum of an individual's income before taxes or other reductions is their gross income, which is sometimes referred to as their gross pay on a paycheck.

This covers earnings from all sources, not only work, and is not restricted to earnings in cash; it also covers earnings from the receipt of goods or services. For businesses, the terms gross income, gross margin, and gross profit are equivalent.

On the income statement, a company's gross income is calculated as total revenue less the cost of goods sold (COGS).

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Related Questions

Why don’t more companies create disruptive innovations? more than one answer may be correct.

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It is  because they are not profitable enough at first and because their development can take scarce resources away from sustaining innovations.

What does the term "disruptive innovation" mean?

It disrupts the market leader in that specific market space and fundamentally alters the industry when a new good or service is launched into an established market that performs better and typically costs less.

What exactly qualifies as a disruptive invention?

The usage of cellphones for computing purposes, such as web browsing and streaming, rather than laptops and desktop computers is another example of disruptive innovation. Thanks to technical breakthroughs, cell phones today have tiny CPUs, circuits, and software that support these functionalities.

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question mode multiple choice question is a comparison of the production needs to the actual capacity of a firm.

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A comparison of production needs to actual capacity is known as Load Profile.

The load profile of a facility is one factor that influences electric pricing. Because utilities must have enough energy and equipment on hand to meet peak demand levels, peak demand affects electricity rates to some extent. For this reason, a graphical depiction of a facility's energy consumption over time is assessed. The effectiveness of a company's energy use is assessed using load profiles. Each facility's load profile is different and demonstrates how a customer's demand can vary.

The greater the load profile percentage, the better from a cost standpoint. When considering load profiles graphically, peaks and valleys on the graph indicate volatility; therefore, if a large amount of energy is used during various peak periods throughout the day, this would contribute to a low or poor load factor. Graphically, a high load factor would display a flatter line, indicating that energy use is dispersed more evenly throughout the day.

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the balanced scorecard relies on four processes to bind short-term activities to long-term objectives. what are they? responses

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The balanced scorecard relies on four processes to bind short-term activities to long-term objectives. They are

(1) Translating the vision.(2) Communicating and linking.(3) Business planning.(4) Feedback and learning.

Organizational performance goals should be achieved over at least five years. Long-term goals typically include tangible improvements in a competitive position, technology leadership, profitability, return on investment, employee relations and productivity, and corporate image.

Learn a new language. Be a good listener. Expand your circle of friends. Improve your speaking skills. Long-term goals are things that you want to continue to pursue in the future. Long-term goals require time and planning. Those aren't things you can do this week or this year. Long-term goals usually take 12 months or more to reach.

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Angelo works as the frozen food manager in a large grocery store. When his stock of two-pound bags of frozen shrimp gets down to two cases, he emails the warehouse to send ten cases to restock. The type of decision angelo is making about restocking shrimp is a?.

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The type of decision Angelo is making about restocking shrimp is a programmed decision.

programmed decisions are those which might be repeated over the years and for which a present set of rules may be evolved to manually the procedure.

A brief description of different sorts of programmed and non-programmed decisions is given beneath:

Organizational and private selections: those selections reflect the use of authority. Operational and strategic choices: research and disaster—intuitive selections.opportunity and hassle-fixing decisions.

programmed decisions are decisions that have been made so normally within the past that managers have advanced guidelines or recommendations to be implemented whilst positive conditions unavoidably occur. An instance of a programmed choice is whilst a workplace manager orders extra materials while the inventory drops to a certain degree.

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The type of decision Angelo is making about restocking shrimp is a programmed decision.

Programmed decisions are those which might be repeated over the years and for which a present set of rules may be evolved to manually the procedure.

A brief description of different sorts of programmed and non-programmed decisions is given beneath:

Organizational and private selections: those selections reflect the use of authority.

Operational and strategic choices:

research and disaster—intuitive selections.opportunity and hassle-fixing decisions.Programmed decisions are decisions that have been made so normally within the past that managers have advanced guidelines or recommendations to be implemented whilst positive conditions unavoidably occur.

An instance of a programmed choice is whilst a workplace manager orders extra materials while the inventory drops to a certain degree.

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sampling involves using a small number of people in the target market to make conclusions about the entire target market population.

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Using a small number of people from the target market to draw conclusions about the entire population is called sampling. Any complete group whose members share some set of characteristics is a census. An investigation of each component that makes up the population is called a canvas.

What's sampling?

In market research, sampling refers to obtaining opinions from a select group of people in order to learn more about the entire group.

For a small population, what is the best sampling strategy?

Because participants are selected based on their availability and willingness to participate, convenience sampling is possibly the simplest method of sampling.

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employees at nelson manufacturing are given more control over how they do their tasks after six months on the job. this gives employees more responsibility over their jobs and demonstrates which redesign technique?

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Employees at nelson manufacturing are given more control over how they do their tasks after six months on the job. This gives employees more responsibility over their jobs and demonstrates job redesign technique.

An approach to redesigning jobs that gives employees greater autonomy over how they complete their own work is called job enrichment. Employees are given increased responsibility under this strategy.

There are four widely utilized work design concepts that are used to boost a job's motivating potential. One or more of the MPS formula's components will be affected by each of these tactics. The techniques include work switching, job expansion, job enrichment, and job simplicity.

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you have two job offers you are considering. one is in denver with a salary of $50,000. the other is for $60,000 in alexandria, virginia. if the cost of living index in denver is 112.8 and the cost of living index in alexandria is 142, which job is the better deal for you based on spending power?

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The Denver job offer is superior since, in Alexandria, you would need to earn about $62,000 to have the same level of purchasing power.

The amount that a typical person would need to spend on things like food, housing, transportation, energy, clothing, entertainment, and healthcare varies depending on where they live. Cost of living indexes are used to compare these costs. People can afford more if the cost of living is higher in relation to their income. If it is lower, the population is less wealthy. The price of a subsistence level of living is used to determine relief payments, social insurance benefits, family allowances, tax exemptions, and minimum wages. The measurement of changes in the cost of living is essential in pay debates. Although they are related indicators, inflation and cost of living are not the same.

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tom winthrop estimated that the units in ending work in process inventory in the final processing department were 30% complete with respect to the conversion costs of the final processing department. if this estimate of the percentage completion is used, what would be the cost of goods sold for the year? (10 points) does gary stevens want the estimated percentage completion to be increased or decreased? explain why. (10 points)

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The fee of goods offered (GOGS) is the sum of all direct fee related with making a product. It appears on an profits statement and typically includes money spent on raw substances and labour.

It does no longer consist of coss related with marketing, income or distribution.

What is cost of items sold Example?

The fee of items made or sold is adjusted according to exchange in inventory. For example, if 500 gadgets are made or offered however inventory rises by using 50 units, then the cost of 450 gadgets is fee of items sold. If stock decreases with the aid of 50 units, the price of 550 units is value of items sold.

Formula that brings together all the inventory facts for the complete accounting period: Beginning inventory + Purchases = Cost of items on hand (i.e., value of goods on hand for sale.) Then, Cost of goods reachable - Ending inventory = Cost of items sold.

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you're trying to save to buy a new $195,000 ferrari. you have $45,000 today that can be invested at your bank. the bank pays 5.3 percent annual interest on its accounts. how long will it be before you have enough to buy the car? (

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According to the given statement 25.37 year long will it be before you have enough to buy the car.

What does it mean to pay annual interest?

Annual Interest Payment refers to each periodic interest payment that the Issuer receives in relation to a Collateral Debt Instrument that currently only calls for periodic interest payments to be made once throughout any Due Period.

Briefing:

Current Deposit = PV = $45,000

Future Value = FV = $195,000

Interest Rate = r = 5.3%

Use following Formula

FV = PV ( 1 + r )^n

$195,000 = $45,000 ( 1 + 0.053 )^n

$195,000 / $45,000 = ( 1 + 0.053 )^n

4.33 = 1.053^n

Log 4.33 = n log 1.053

n = log 4.33 / log 1.053

n = 25.37

it requires 25.37 year to have an amount to buy the Ferrari.

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the ability of a good or a service to satisfy wants is called: group of answer choices opportunity cost. utility. utility maximization. profit potential.

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The ability of a good or a service to satisfy wants is called Utility. Hence, option b) is correct.

What is Utility?

Utility is a term used in economics to describe the value or worth of a good or service. Utility is more exactly the overall satisfaction or benefit obtained from using a good or service. It is a common assumption in economic theories of rational choice that customers will attempt to maximise their utility.

Understanding a good or service's economic utility is crucial because it has a direct impact on its demand and, consequently, price. Consumer utility is typically impossible to measure or quantify in practice. However, some economists think that by using different models, they can indirectly estimate the utility of an economic good or service.

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When delivering 2023 armada, what should you demonstrate to customers about the 2nd- row seats?.

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Authentic quality. Making the individual performing the work accountable for ensuring that the requirements are satisfied.

How does the phrase "ensures accountability" apply?Make sure others do the same and keep your word when you make promises. Take accountability of your actions clearly. Accept accountability for your choices, actions, and mistakes.You assume responsibility for the outcomes of your decisions and actions when you are personally accountable. When things go wrong, you try your best to make amends without placing blame on anyone else or offering an explanation. Make sure you understand your tasks and obligations in order to take responsibility more seriously.Authentic quality. Making the individual performing the work accountable for ensuring that the requirements are satisfied.    

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Today, you sold the 459 shares of rayje clothiers that you purchased yesterday. how much profit did you make? a. $13,985.73 b. $11,520.90 c. $5,338.17 d. $6,306.66

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The amount of profit that can be made is $6,306.66.

This question is not complete there is a missing part. The complete question can be seen below:

Consider today's stock listing for rayje clothiers, shown below.

52 wk high 52 wk low symbol div. Close net change 225.80 169.96 raj 25. 10 200.43 13.74 today, you sold the 459 shares of rayje clothiers that you purchased yesterday. How much profit did you make?

a. $13,985.73 b. $11,520.90 c. $5,338.17 d. $6,306.66

Based on the scenario, we know that

The 52  wk high is = 225.8

The 52  wk low is= 169.96

Closed on = 200.43  in yesterday  

Net change = 13.74

Because 459 shares have today being sold, we can determine the profit ususinghis formula:

Net profit = net change x number of sold

Net profit = 13.74 x 459

Net profit = $6,306.66

From that, we can conclude that the net profit is $6,306.66.

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competitive advantage is the achievement of superior performance. to be a success a business can create a performance differential by being:

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Competitive advantage refers to factors that enable a company to produce goods or services better or at a lower cost than competitors.

What Is a Competitive Advantage?

Competitive advantage refers to factors that enable a company to produce goods or services better or at a lower cost than competitors. These factors enable the productive entity to generate more sales or higher margins than its competitors in the market. A variety of factors, including cost structure, branding, product quality, distribution network, intellectual property, and customer service, are attributed to competitive advantages.

KEY LESSONS

Competitive advantage is what makes one entity's products or services more appealing to customers than those of competitors.Comparative advantages and differential advantages are two types of competitive advantages.Comparative advantage refers to a company's ability to produce something more efficiently than a competitor, resulting in higher profit margins.

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dice, inc. is considering a very risky five-year project that has an initial outlay or cost of $70,000. the future cash inflows from its project for years 1, 2, 3, 4, and 5 are all the same at $35,000. dice uses the internal rate of return method to evaluate projects. will dice accept the project if its hurdle rate is 41.00%? a) dice will probably reject this project because its irr is about 39.74%, which is slightly below its hurdle rate. b) dice will probably accept this project because its irr is about 41.04%, which is slightly above its hurdle rate. c) dice will accept this project because its irr is about 41.50%. d) dice will accept this project because its irr is over 45.50%

Answers

B) dice will probably accept this project because its irr is about 41.04%, which is slightly above its hurdle rate.

A challenge is a series of responsibilities that want to be finished to reach a specific final result. A task also can be described as a fixed of inputs and outputs required to acquire a particular goal. projects can variety from easy to complex and may be managed by means of one man or woman or a hundred.

A project is a brief mission to provide a new and particular deliverable. A deliverable might be a tangible product, a provider or success of a required final results. stakeholdermap.com. one of the best approaches to distinguish a project from say operations or business as usual is to search for a clear begin and end.

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during the year, cash increased by $320 million. investing and financing activities created positive cash flow totaling $530 million. what were net cash flows from operating activities in the statement of cash flows?

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The net cash flows from operating activities in the statement of cash flows are Outflow of $210 million.

What is cash flows?

The term cash flow refers to the movement of the cash are the flow out of the business. There are the three types of the cash flow such as investing activities, financing activities, operating activities.

According to the cash flow was the operating activities

Total cash increased = Cash flow from operating activities + (cash flow from investing activities + cash flow from financing activities)

$320 millions = Cash flow from operating activities + $530 millions

Cash flow from operating activities = $320 millions - $530 millions

Cash flow from operating activities = -210 millions (Outflow)

As a result, the net cash flows from operating activities in the statement of cash flows are an Outflow of $210 million.

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Your question is incomplete, but most probably the full question was.

A Outflow of $210 million.

B Outflow of $320 million.

C Inflow of $640 million.

D Inflow of $320 million.

determine if the given people are demanders, suppliers, or not involved in the market for loanable funds. a. latisha wants to save up for a new laptop to use in her business, so she puts aside $100 a month in a bank account until she can save up for it.

Answers

Any money that commoners deposit in the bank, leads to a supply of loans because banks lend this money out.

Hence Latisha is a supplier in the market for loanable funds.

You have to deposit your money in the bank to create savings and earn interest on it. Demand deposits are made against funds that can be withdrawn at any time. A fixed deposit is a long-term investment. The security deposit is also the amount of security deposit that you pay when you make a loan.

Banks use money in savings accounts to lend to other people and businesses. In return, the bank receives interest payments on these loans from the borrowers. The simplest way is for banks to borrow money from savers and lend the money to borrowers. That's not how the process works at all. Banks don't have to wait for their customers to deposit money.

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the source of the supply of loanable funds question 26 options: is saving and the source of demand for loanable funds is investment. is investment and the source of demand for loanable funds is saving. and the demand for loanable funds is saving. and the demand for loanable funds is investment.

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The wellspring of the stock of loanable assets is saving and the wellspring of interest for loanable assets is speculation.

Speculations are monetary responsibilities made to procure resources with the expectation that their worth would ascend after some time. Speculation requires the passing of an ongoing asset, like time, cash, or exertion. In the realm of money, putting is finished to benefit from the resource being put to utilize. A capital increase or misfortune acknowledged from the offer of a piece of property or venture, hidden capital additions, speculation pay like profits, interest, or rental pay, or a blend of capital additions and pay can be in every way remembered for the return.

The return may likewise incorporate unfamiliar trade benefits or misfortunes because of moving trade rates. More dangerous ventures normally give better returns, as per financial backers.

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marketers identify segments best when iterating between two approaches. what are the two approaches?

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Marketers identify segments best when iterating between two approaches, a managerial, top-down ideation and a customer-based, bottom-up customer needs assessment.

What are Marketers?

The promotion of a company's goods and services is done by a marketer. They come up with methods to increase sales and revenue while making sure these tactics are in line with both client and market need.

With so many platforms to exploit and content types to create, good marketers are savvy with their time and resources. In addition, they are shrewd business executives that manage many channels, drive corporate growth while focusing on data and creativity, and thrive in a hectic atmosphere.

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bobby knight, who is self-employed, wants to invest $60,000 in a pension plan. one plan offers 5% compounded quarterly. another offers 4.75% compounded continuously. by how much more is the better plan in 5 yr?

Answers

According to the given information, the better plan in 5 year is $870.4297 is much more.

Given:

P = $60,000

For quarterly compounding

n = 5

t = 5 years

r = 5% = 0.05

Then: Aq =  [tex]60,000[ 1 + 0.05/5]^(^5^)^(^5^)[/tex]

                = [tex]60,000 (1.01)^2^0[/tex]

                = 76945.9197

Interest Iq = 76954.9197 - 60000 = $16,954.9197

For continuous compounding

Ac = [tex]pe^r^t[/tex]

Ac = [tex]60000 e^0^.^0^4^7^5^(^5^)[/tex]                              [∵ r = 4.75% = 0.0475]

Ac = 76084.49

Ic = 76084.49 - 60000

Ic = 16,084.49

Therefore, Ic , Iq; So the 5% compounded quarterly plan will earn more interest.

Better plan earn = Iq - Ic

                                    = $16,954.9197 - $16,084.49

                                    = $870.4297

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management's most powerful tool for winning employee commitment to good strategy execution is . a. the establishment of strategy-supportive policies and procedures b. empowering employees and encouraging them to adopt best practices c. setting stretch objectives d. a structure of rewards and incentives tied tightly to the achievement of the organization's strategic priorities e. aggressive use of tqm and six sigma quality control programs

Answers

The right response is option (d), which refers to a system of rewards and incentives that is closely linked to the accomplishment of the organization's strategic aims.

What are the requirements for a successful strategy execution?

Setting specific, manageable tasks to put the company's strategy into practice helps to instill discipline in personnel, which is a prerequisite for effective and successful strategy execution. A strategy must be developed through an executable strategic plan in order to attain strategic goals.

What distinguishes a winning strategy?

A cross-functional approach and the correct mix of people are required for a plan to be effective. Your board or leadership, finances, HR, operations, sales, marketing, etc. can all be cited as examples. It's critical to look at any potential biases that might have affected your choice of colleagues.

What kind of incentive program rewards both an individual's and a team's performance?

Group-based incentive programs measure team performance, with individual rewards given based on that performance. Although these systems promote individual efforts toward shared business objectives, they also have a tendency to reward underperforming employees in addition to average and above average workers.

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karen, a new licensee, is interviewing at a brokerage and asks to see its policies and procedures manual. why might she do this?

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Karen, a new licensee, is interviewing at a brokerage and asks to see its policies and procedures manual. She does this to determine whether there are systems in place for her success.

Examples of a full-provider dealer might consist of offerings from a business enterprise which include Morgan Stanley, Goldman Sachs, or maybe bank of the united states Merrill Lynch. The bigger brokerage companies tend to carry a stock of shares available to their customers for sale.

A brokerage agency often acts as an intermediary, connecting shoppers and dealers to facilitate a transaction. Complete-provider brokerage businesses are compensated through a flat annual fee or costs in keeping with the transaction. Online brokers offer a set amount of free inventory buying and selling but price charges for other offerings.

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an organization's rules for sharing, disseminating, acquiring, standardizing, classifying, and inventorying information is called a(n):

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An organization's rules for sharing, disseminating, acquiring, standardizing, classifying, and inventorying information is called a(n) information policy.

What is information policy?The collection of all public laws, rules, and policies governing the production, use, storage, access, communication, and dissemination of information can be referred to as information policy.Pirated software and music are just two examples of the industries and professions that are created when intellectual property rights are not enforced. That also demonstrates information policy in action.An access control policy or an incident response policy are two examples. policies for information management, such as one on record retention and destruction. Data governance guidelines, such as a master data policy, data classification guidelines, or data sharing guidelines.

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financial reform after the recent economic crisis has been most concerned with which of the following:

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Following the recent financial crisis, which of the following has garnered the greatest attention: Hold Wall Street companies responsible for their behavior.

What is economic crisis?The term "crisis" refers to a time in a system's dynamics when there are numerous challenges, conflicts, or tensions that make it difficult for the system to function normally and that can put tremendous pressure on it to change. According to this definition, "the crisis period represents the stage in which the changes within the system are determined by the actions of a system." Threats become risks during a crisis, and dangers form the cornerstone of what makes a system vulnerable. The term "economic crisis" refers to a situation where a country's economy has a sudden decline in strength, which is typically caused by a financial crisis.

Hence, the recent financial crisis, which of the following has garnered the greatest attention: Hold Wall Street companies responsible for their behavior.

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match each type of market with whether or not their average costs are at a minimum at the profit-maximizing quantity in the long run.

Answers

Average costs are at a minimum at the profit-maximizing quantity in the long run are:

perfect competition - yes.

monopolistic competition - no.

oligopoly - no.

monopoly - no

The long‐run equilibrium for an man or woman corporation in a wonderfully aggressive marketplace is illustrated in Figure . The income maximizing stage of output, wherein marginal fee equals marginal sales, outcomes in an equilibrium amount of Q devices of output.

A monopolist can decide its income-maximizing fee and amount by reading the marginal sales and marginal expenses of manufacturing an additional unit. If the marginal sales exceeds the marginal fee, then the corporation need to produce the more unit.

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which one of the following is an example of an offensive strategy? multiple choice blocking the avenues open to challengers signaling challengers that retaliation is likely pursuing continuous product innovation to draw sales and market share away from less innovative rivals introducing new features or models to fill vacant niches in its overall product offering and better match the product offerings of key rivals maintaining a war chest of cash and marketable securities

Answers

Pursuing continuous product innovation to draw sales and market share away from less innovative rivals is an example of an offensive strategy.

Shares are units of fairness possession in an organization. For some agencies, stocks exist as a financial asset presenting for the same distribution of any residual earnings, if any are declared, in the form of dividends.

Stocks represent the possession of an employer. when an individual buys shares in your enterprise, they become one of every one of its owners. Shareholders pick who runs an agency and are concerned with making key decisions, which include whether an enterprise needs to be bought.

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Within the restaurant industry, the clustering of women in server & hostess jobs versus the clustering a men in managing & chefs is an example of what type of occupational segregation?.

Answers

The clustering of men and women into different jobs and sectors is called horizontal job segregation.

Horizontal segregation is the under- or over-representation of women and men in a particular occupation or sector. The imbalance between women and men in managerial positions (history) . Men dominate managerial positions, women concentrate on non-managerial positions, and women and men work at different levels and men.

At higher levels of dominance, women concentrate on low-skilled, low-paying jobs. and horizontal separation. Occupational segregation occurs when demographic groups are overrepresented or underrepresented in certain occupational categories.

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markets can work to prevent harm only through information supplied by the existence of market failures. this is better known as the

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Markets will work to prevent harm only through information supplied by the existence of market failures. this is better known as the first-generation problem .

An ineffective distribution of commodities and services on the open market is referred to as market failure. Additionally, the group does not experience rational outcomes as a result of the individual incentives for rational action. In other words, everyone chooses the best choice for themselves, but the group suffers as a result of those choices. This is represented in conventional microeconomics as a steady state disequilibrium, where the quantity supplied is less than the quantity required.

The majority of economic justifications for government action rest on the premise that the free market is unable to handle externalities or provide public goods. Programs for public health and welfare, education, infrastructure, research and development, domestic and international security, and a clean environment have all been classified as public goods.

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for a firm operating in a competitive industry, which of the following statements is not correct? group of answer choices price equals average revenue. price equals marginal revenue. total revenue is constant. marginal revenue is constant.

Answers

Total revenue is constant for a firm operating in a competitive industry. The correct option is C.

How is the total revenue calculated in a perfectly competitive firm?

A perfectly competitive firm's total revenue is determined by the amount of output it chooses to produce, as well as the market price. As a result, total revenue equals the quantity of output sold multiplied by the market price.

The average revenue of a company is the total revenue earned divided by the total number of units sold. The marginal revenue of a competitive firm is always equal to the average revenue and price. This is due to the fact that the price remains constant despite varying levels of output.

Thus, the ideal selection is option C.

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a bicycle costs $175. salvadore has $60 and plans to save $20 each month. describe the numbers of months he needs to save to buy the bicycle.

Answers

He needs to save for one and a half months( 5.75 weeks) buy the bycycle.

Find the equation of buying the bycycle.

Detailed explanation:

The price of a bicycle is $175. Already, he had $60 saved.

Let him save $20 over the course of n weeks.

Therefore, the equation is: $175 - $60 = $20n.

$115 is equal to $20, so $115/20 is 5.75 weeks.

He needs to save for one and a half months.

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the table above shows the stock prices and multiples for a number of firms in the newspaper publishing industry. another newspaper publishing firm (not shown) had sales of $600 million, ebitda of $84 million, excess cash of $69 million, $15 million of debt, and 120 million shares outstanding. if the average enterprise value to sales for comparable businesses is used, what is the best estimate of the firm's share price?

Answers

The correct answer is $6.38

Thus $6.38 is the best estimate of the firm's share price.

Enterprise Value

= 1.35 × $600 million

= $810 million;

Estimate of share price:

P0 = ($810 + $69 - $18) / 120

= 759/120

= $6.325

Thus $6.325 is the best estimate of the firm's share price.

The complete question is:

The table above shows the stock prices and multiples for a number of firms in the newspaper publishing industry. Another newspaper publishing firm (not shown) had sales of $600 million, EBITDA of $84 million, excess cash of $69 million, $18 million of debt, and 120 million shares outstanding. If the average enterprise value to sales for comparable businesses is used (the table showed it as 1.35), What is the best estimate of the firm's share price?

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