Cash operating expenses-depreciation expense

Assignment Help Business Economics

Reference no: EM131113069

Company AXR had sales revenues of S94 million last year. Cash operating expenses were $42 million The depreciation expense was $6 million. The tax rate is 40%. No dividends were paid the stock for company AXR is currently selling for $20 per share and there are 3 million shares outstanding. What is the current P/E ratio for AXR?

Reference no: EM131113069

Questions Cloud

What coping mechanisms do you most commonly use and why : Evaluate your current use of coping mechanisms. What coping mechanisms do you most commonly use and why? Where or how did you learn to use these coping mechanisms?

Value of deadweight loss created by monopoly : Suppose a monopolist faces the following demand curve: P = 180 - 4Q. Marginal cost of production is constant and equal to $20, and there are no fixed costs. What is the value of the deadweight loss created by this monopoly?

How much is the firms total liabilities and equity : Conglomerate, Inc. has total current assets of $1,200,000; total current liabilities of $500,000; and long-term assets of $800,000. How much is the firm's Total Liabilities & Equity?

Economic expansion throughout the rest of the world raises : Economic expansion throughout the rest of the world raises the world interest rate. Use the Mundell–Fleming model to illustrate graphically the impact of an increase in the world interest rate on the exchange rate and level of output in a small open ..

Cash operating expenses-depreciation expense : Company AXR had sales revenues of S94 million last year. Cash operating expenses were $42 million The depreciation expense was $6 million. The tax rate is 40%. No dividends were paid the stock for company AXR is currently selling for $20 per share an..

Why is it important to study international financial manage : Why is it important to study international financial management?

Equations for the demand for labor : (A) Obtain the equations for the demand for labor and the demand for land. (B) How do the equilibrium employment, real wage, real rental rate, and output change in responseto the Black Death? Show these changes on two diagrams: the labor market and..

Prepare journal entries for the establishment of the fund : Fin man Company designated Jill Holland as petty cash custodian and established a petty cash fund of $200. The fund is reimbursed when the cash in the fund is at $15.

Banning labor unions and that resulting lower labor costs : Suppose that laws are passed banning labor unions and that resulting lower labor costs are passed along to consumers in the form of lower prices. Use the aggregate demand–aggregate supply model to illustrate graphically the impact in the short run an..

User Account

All Pages