Stock price under normal circumstances

Assignment Help Finance Basics
Reference no: EM131411975

My company's common stock normally sells for 19 times its earnings; that is, its P/E ratio equals 19. If my company's earnings per share are $3.70, what should be its stock price under normal circumstances?

Reference no: EM131411975

Questions Cloud

How much cash flow would the hospital generate : A hospital sells two of its older ambulances from its fleet for a total of $40,000 and the applicable tax rate is 25%. Book value is $18000 per truck. How much cash flow would the hospital generate from this sale?
Consulting firm-retirement and health insurance : Nebusa Inc. is a consulting firm. Sam and Arnie are analysts for Nebusa. Sam was hired as an employee, and Arnie was hired as an independent contractor. They both work five days a week during standard business hours in the same Nebusa office and unde..
Find the percent of customers who are no shows : Create a tree diagram for this situation.- Create a "hypothetical hundred thousand" table for this situation.- Using the tree diagram from part (a) or the table from part (b), find the percent of customers who are no-shows.
Analyze an article published within sixty days prior : Based upon this week's readings, analyze an article published within 60 days prior to the term that deals with pollution or environmental policy. Pay special attention to winners and losers.
Stock price under normal circumstances : My company's common stock normally sells for 19 times its earnings; that is, its P/E ratio equals 19. If my company's earnings per share are $3.70, what should be its stock price under normal circumstances?
Probability of selecting two left handed students : Refer to the part of given Example in which two students are drawn without replacement from a class of 30 students in which three are left-handed. Draw a tree diagram to illustrate that the probability of selecting two left handed students is 1/14..
Write rhetorical analysis of the ad : Write a 300 word rhetorical analysis of the ad you chose ( A OR B). Just like you provided a brief summary for textual and verbal forms of rhetoric, you should provide a brief summary of the ad you chose.
Illustrate variety of airline product offerings available : This assignment is intended to illustrate the variety of airline product offerings available and stimulate thinking about how best to serve the diverse wants and needs of passengers.
Relationship between careful observation-critical thinking : What is the relationship between careful observation and critical thinking? What is the role of feelings in the thinking process? What obstacles that impede the critical thinking process? What are the differences between facts and inferences?

Reviews

Write a Review

 

Finance Basics Questions & Answers

  The shape of the yield curve for commercial paper

How do you think the shape of the yield curve for commercial paper and other money market instruments compares to the yield curve for Treasury securities? Explain your logic.

  Compounded semi-annually

You have $20,000 you want to invest for the next 40 years. You are offered an investment plan that will pay you 7 percent per year for the next 20 years, and 11 percent per year for the last 20 years, compounded semi-annually.

  What was joe''s net worth at the end of 2013

Why is the market value of a firm's stock almost always higher than the book value of the firm's stock as shown on the balance sheet?

  When choosing between active or passive exporting strategy

Discuss some of the major issues to consider when choosing between an active or passive exporting strategy.-Assume that your CEO has just asked you to write a report detailing the risks and potential benefits of this deal.

  Calculate the loan balance immediately

Calculate the loan balance immediately after the 84th payment. Calculate the amount of interest in the 84th payment.

  What is the standard deviation of these expected returns

The probability of either a booming economy or a recessionary economy is 5 percent each. What is the standard deviation of these expected returns?

  Determining money and interest rate

What major economic indicators would you examine if you were planning to make the large purchase and required a loan. Buying a new car, business equipment or house?

  Proposal for kevin bar and grill

Topic proposal for Kevin's Bar and Grill (a made up entity) that adheres to the guidelines.

  Calculate the firm net profit margin percentage

Calculate the firm  net profit margin percentage.

  James corporation has the following terms with its

question 1 blake company has 3400 hourly workers. they work 40 hours a week at the rate of 7.00 an hour and they are

  The tate corporation has annual sales of 47 million the

the tate corporation has annual sales of 47 million. the average collection period is 36 days. what is the average

  Perform a financial analysis

Perform a financial analysis and draw a conclusion to make this determination.

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