Due to Growing Demand for Computer Software, the Shine Company

question 79

Essay

Due to growing demand for computer software, the Shine Company has had a very successful year and expects its earnings per share to grow by 25 percent to reach $5.50 for this year. Estimate the price of the company's common stock assuming the industry's price/earning ratio is 12.

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Definitions:

Cyclothymic Disorder

A mood disorder characterized by chronic, fluctuating mood disturbances involving periods of hypomania and mild depression.

DSM-5 Criteria

The diagnostic standards and criteria for psychiatric disorders as outlined in the fifth edition of the Diagnostic and Statistical Manual of Mental Disorders.

Bipolar Disorder

A mental health condition characterized by extreme mood swings, including emotional highs (mania) and lows (depression).

Cognitive Triad

The three forms of negative thinking that theorist Aaron Beck theorizes lead people to feel depressed. The triad consists of a negative view of one’s experiences, oneself, and the future.