Solution:
Price earning ratio = market price per share / Earning per share = $24.57 / $4.20 = 5.85 times
8 c Topp C y's priceenings ratioォscommon stock has s markes vaue of S24 57 per...
A firm with earnings per share of $8 and a price-earnings ratio of 10 will have a stock price of O $80.00 O $18.00 O $6.00 the market assigns a stock price independent of EPS and the P/E ratio.
Exercise 13-16 Earnings per share LO A1 Ecker Company reports $1,275,000 of net income and declares $178,500 of cash dividends on its preferred stock for the year. At year- end, the company had 290,000 weighted average shares of common stock 1. What amount of net income is available to common stockholders? Net income To preferred stockholders Net income available to common stockholders $ 2. What is the company's basic EPS? < Prev 3 of 8 Next > your search 199....
ACME has EPS of $20.00 per share. It has a retention ratio of 80% and its dividend is expected to grow at a rate of 10 %. If the ACME shareholders require a return of 15%, then the stock price is closest to: b. $88.00 d. $110.00 a. $80.00 c. $108.00
ACME has EPS of $20.00 per share. It has a retention ratio of 80% and its dividend is expected to grow at a rate of 10%. If the ACME shareholders require a return of 15%, then the stock price is closest to: a. $80.00 b. $88.00 C. $108.00. d. $110.00
$ 1,000,000 $ $12,160,000 Question #2 (10 marks) P-Stock, 8% 1,000,000 C/S 170,000 o/s (Jan 1) 200,000 31) R/E 1,800,000 Total equity 0 o/s (Dec $16,200,000 1,100,000 $ $14,260,000 $19,000,00 The 30,000 additional C/S were issued on April 1. Partial information from the statement of changes in equity during the year: R/E, Jan 1 NI C/S div $1,100,000 1,200,000 (450,000) Required: a. Compute basic eps. (4 marks) b. Assume the same facts as in (a). In addition, there are options...
1. A stock sells at $15 per share. a.) What is the EPS for the company if it has a P/E ratio of 20? b.) If the company's dividend yield is 3%, what is its dividend per share? c.) What is the book value of the company if the price-to-book ratio is 1.5 and it has 100,000 shares of stock outstanding.
PRICE/EARNINGS RATIO A company has an EPS of $3.30, a book value per share of $30.69, and a market/book ratio of 3.7x. what is its P/E ratio? The stock price should be rounded to the nearest cent. Round your answer to two decimal places.
PRICE/EARNINGS RATIO A company has an EPS of $4.20, a book value per share of $39.06, and a market/book ratio of 1.9x. What is its P/E ratio? The stock price should be rounded to the nearest cent. Round your answer to two decimal places.
Problem 4-5 Price/Earnings Ratio A company has an EPS of $4.05, a book value per share of $43.74, and a market/book ratio of 3.0x. What is its P/E ratio? The stock price should be rounded to the nearest cent. Round your answer to two decimal places.
Western Electric has 25,000 shares of common stock outstanding at a price per share of $57 and a rate of return of 14.2 percent. The firm has 7,000 shares of 7 percent preferred stock outstanding at a price of $48 a share. The preferred stock has a par value of $100. The outstanding debt has a total face value of $350,000 and currently sells for 102 percent of face. The yield-to-maturity on the debt is 8.49 percent. What is the...