Price-earnings ratio for the stock

Assignment Help Business Management
Reference no: EM131355099

In year 2016, ABC Corporation earned $68 million from which 35% was retained for investments and the rest was payed as dividends. If during the same year, shares of ABC stock was traded at $38 per share and if 52 million shares of its stock was outstanding, then the price-earnings ratio for the stock in year 2016 was?

  • 29
  • 30
  • 52
  • None of the above

Reference no: EM131355099

Questions Cloud

Explain intuitively the notion of chance regularity : Explain briefly the connection between chance regularity patterns and probability theory concepts.
How much excess reserves the bank holds : Bank has the following balance sheet. Reserves = $760, Loans = $7,800, T-bills = $560, Deposits = $8,000, and Debt = $800. Reserve requirement is 8%. How much excess reserves the bank holds?
Indifferent between bond and another bond : Suppose that John can buy a savings bond for $900 that matures in 3 years and pays John $1,000 with certainty. He is indifferent between this bond and another bond which is riskier but which pays 3% higher interest rate. How much, the riskier bond..
Evaluate the companys product development strategies : Compare and evaluate the company's product development strategies. What are the advantages and disadvantages of each? Review the scope and performance of Starbucks' international businesses.
Price-earnings ratio for the stock : In year 2016, ABC Corporation earned $68 million from which 35% was retained for investments and the rest was payed as dividends. If during the same year, shares of ABC stock was traded at $38 per share and if 52 million shares of its stock was ou..
What is the final tension : A nickel wire of cross-sectional area 0.0085 em? under a tension of 20 N and a temperature of 20°C is stretched between two rigid supports 1 m apart. If the temperature is reduced to 8°C, what is the final tension?
Explain direction you envision early childhood curriculum : Jaruszewicz (2013) outlined the historical transformation of curriculum and, from this outline, you will notice that the United States continues, like all societies, to refine beliefs about best practices in education and oftentimes these topics g..
What is recommended site for eagle electronics new facility : Eagle Electronics must expand by building a second facility. The search has been narrowed down to locating the new facility in one of four cities: Atlanta (A), Baltimore (B), Chicago (C), or Dallas (D). Using the factor-rating method, what is the r..
Define real and nominal gdp : Define real and nominal GDP. Which form of GDP (real or nominal) do you believe should be utilized when assessing the performance of the US economy over time? Why?

Reviews

Write a Review

 

Business Management Questions & Answers

  Discuss conflict in values

Deal with a conflict in values - What was it? How did you resolve this issue? Please include references.

  Derive the firm cost function

Using your answer in b., derive the cost minimizing level of L. Find the cost minimizing level of K. Derive the firm's cost function (that is, only in terms of prices and output).

  Importance of employee security awareness training

Discuss the importance of employee security awareness training. What innovative ways should company's implement security training? Please provide examples to support your answer.

  Strategy formation as an analytical process

Consider the positioning school- Strategy formation as an analytical process. Whole a Five Forces analysis for F. X. Pounds. Which of Porter's Four Generic Strategies must apply to F. X. Pounds? Remember to consider how the tools as well as strate..

  Describe the uses of business forecastingprepare a paper

describe the uses of business forecastingprepare a paper that describes the uses of business forecasting. must use apa

  Rescource schedulinganalyze the concept of resource

rescource schedulinganalyze the concept of resource scheduling and evaluating various methods used to schedule

  How to use retailing strategies to strengthen organization

explain how to use retailing strategies to strengthen an organization's brand and thus reduce customers' desire to buy counterfeit goods. Most importantly,

  Explain what is the exchange rate of the polish

Suppose a Polish zloty is selling for $0.3399 as well as a British pound is selling for $1.448. Explain what is the exchange rate (cross rate) of the Polish zloty

  Consensus decision makingyou just got off the phone with

consensus decision makingyou just got off the phone with bud following a similar call with betty. they are both

  Explain impact of the challenge on the long-term care system

Explain Impact of the challenges on the long-term care system (specifically on staffing, funding, and regulation). Recommendations to address the challenges

  Lemons problem in terms of financial instruments

Explain the lemons problem in terms of financial instruments and the role of financial intermediaries in reducing this problem. Don't use the automobile reference in answering this question.

  What are the main arguments you are trying to counter

Select two company and describe question answer about the company. I choose Volkswagen - Germany & Honda- Japan. Apply the Giving Voice to Values framework to this scenario: What are the main arguments you are trying to counter? That is, what are th..

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd