What is the firm price-earnings ratio

Assignment Help Finance Basics
Reference no: EM131050296

A firm has net income of $198,500 and total equity of 1.15 million. There are 220,000 shares of sock outstanding at a price per share of $14.80. What is the firm's price- earnings ratio?

Reference no: EM131050296

Questions Cloud

Describe the severity of the impact to the final project : Based on your knowledge of the project and the data generated so far that applies to these high-risk factors, who would need to be informed of these potential changes and how would you inform them?
Steps of the nine-step assessment process : Apply the final three steps of the nine-step assessment process to develop a 750-word analysis of your chosen company:
What is the required rate of return on portfolio consisting : You have observed the following returns over time: Year Stock X Stock Y Market 2009 12% 11% 10% 2010 19 5 9 2011 -15 -8 -12 2012 5 1 1 2013 20 13 13. What is the beta of Stock Y? What is the required rate of return on Stock Y? What is the required ra..
Why control charts are useful in process quality assurance : Give at least three examples from your own work or life experience supporting why you do or do not agree with his philosophy - discuss why control charts are useful within process quality assurance.
What is the firm price-earnings ratio : A firm has net income of $198,500 and total equity of 1.15 million. There are 220,000 shares of sock outstanding at a price per share of $14.80. What is the firm's price- earnings ratio?
Determine the probability that the selected person : A political telephone survey of 260 people asked whether they were in favor or not in favor of a proposed law. Each person was identified as Republican or Democrat. The following contingency table shows the results.
Sale of the product lines can be considered profitable : Sequins AB is considering selling one of its two product lines. Product line A is expected to generate a free cash flow of 2 million per year with a growth rate of 3%. Product line B is expected to generate a free cash flow of 1 million per year with..
Forward forward rate for a libor9 deposit : Suppose a company wishes to lock in a 9-month rate to be placed in 3 months. It has been known LIBOR3 is 7.6% and LIBOR12 is 8.25%. What is the forward forward rate for a LIBOR9 deposit to be placed in three months?
Company is expected to have free cash flow : A company is expected to have free cash flow of $20 million next year the average cost of capital is WACC = 10% and the expected constant growth rate is g= 6%. The company has $9 million in maketable securities, $7 million in debt, and $6 million in ..

Reviews

Write a Review

Finance Basics Questions & Answers

  Suppose the exchange rate between us dollars and the swiss

you are the vice president of international infoxchange headquartered in chicago. all shareholders of the firm live in

  Compact fluorescent lamps

Compact fluorescent lamps (CFLs) have become more popular in recent years, but do they make financial sense?

  What is the current yield of malko enterprises

Malko Enterprises' bonds currently sell for $1050. They have a 6-year maturity, an annual coupon of $75, and a par value of $1,000. What is their current yield?

  Introduction of salvage values

Would the introduction of salvage values, in addition to operating cash flows, ever reducethe expected NPV and/or IRR of a project?

  Explain what is the reasonable cost of capital for average

Explain What is the reasonable cost of capital for average and high and low risk projects Suppose a firm estimates its WACC to be 10 %.

  Same amount of money accumulated

Ashley began saving $5000 per year from age 25 to age 30 and then invested the funds fro another 30 years. Teeto began saving at age 35 and saved $5000 each year until retirement at age 65. Which of the following statements is correct assuming the..

  Objective type question on time value of money

Objective type question on time value of money and What is the effective annual rate

  How much should he save annually

Bill plans to have $1,200,000 for his retirement in 40 years. How much should he save annually if he thinks he can earn an average of 6% a year on his investments?

  Explain what is meant by the concept of discounted cash flow

Explain what is meant by concept of discounted cash flow? How does it help in decision- taking in an organization? Show how standard costing concepts can help in controlling costs in your organization.

  Explain determining the minimum price to be charged

Explain determining the minimum price to be charged for product which to be produced from new project

  If a corporation receives 150500 in interest income and

if a corporation receives 150500 in interest income and the firms marginal income tax rate is 40 how much of the

  Prepare any necessary journal entries

Determine how Jack Ltd should account for the results of the impairment test at 30 June 2015 and 30 June 2016, and prepare any necessary journal entries. Show all workings and provide references to the relevant accounting standard to support your ..

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