User Account

All Pages

A similar firm which is publicly traded had a priceearnings

Assignment Help Finance Basics
Reference no: EM13570668

The Charleston Company is a relatively small, privately owned firm. Last year the company had after-tax income of $15,000, and 10,000 shares were outstanding. The owners were trying to determine the market value for the stock, prior to taking the company public. A similar firm which is publicly traded had a price/earnings ratio of 5.0. Using only the information given, estimate the market value of one share of Charleston's stock.

Reference no: EM13570668

Questions Cloud

Aaa lock manufacturing co makes and sells several models of : aaa lock manufacturing co. makes and sells several models of locks. the cost records for the zforce lock show that
First century bank wants to earn an effective annual : first century bank wants to earn an effective annual return on its consumer loans of 10 percent per year. the bank uses
The topic will be about should the so-called recreational : the topic will be about should the so-called recreational drug marijuana be legalized in the u.s.? i want you to write
Investor has a 40 ownership interest in the common stock of : investor has a 40 ownership interest in the common stock of investee. investor paid 10000 more thanlt?xmlnamespace
A similar firm which is publicly traded had a priceearnings : the charleston company is a relatively small privately owned firm. last year the company had after-tax income of 15000
Assuming that this represents a misstatement from the : in a 2-3 page paper complete the case below and submit to instructor. review the income statement for uden supply
Scenario probability stock return bond return severe : consider two risky assets a stock fund and a bond fund with the following probability distributions. scenario
Analyze the factors that led to this decision do you think : select a company that has recently announced a new first-time dividend or a dividend increase. analyze the factors
According to the 2008 jd power and associates reports : according to the 2008 j.d. power and associates reports porsche models have the fewest quality problems in the industry

Reviews

Write a Review

Finance Basics Questions & Answers

  What is sultan share price

If Sultan's earnings are expected to grow by 7% per year, these payout rates do not change, and Sultan's equity cost of capital is 9%, what is Sultan's share price?

  Compute total current liabilities total long-term

transit airlines provides regional jet service in the mid-south. the following is information on liabilities of transit

  Election of directors through cumulative voting procedure

Blue Moon Company has one million shares of common stock outstanding. In a typical annual election for the board of directors, shareholders representing 70% of shares outstanding exersize their right to vote.

  Identify each of the following organizational

identify each of the following organizational characteristics with the organizational form or forms with which it is

  How many dollars worth of sales are generated

A firm has net working capital of $2,715, net fixed assets of$22,407, sales of $31,350, and current liabilities of $3,908. How many dollars worth of sales are generated from every $1 in total assets?

  What is the profitability index and why is it helpful in

what is the profitability index and why is it helpful in the capital rationing

  Filer manufacturing has 75 millions shares of common stock

filer manufacturing has 7.5 millions shares of common stock outstanding. the current share price is 49 and the book

  What nominal rate of interest would have to be offered on a

inflation is expected to be 3 percent over the next year. you desire an annual real rate of return of 2.5 percent on

  What was the portfolio beta before lauren stock

The last stock added to this portfolio is Lauren clothing,co., which has a beta of .70. What was the portfolio's beta before Lauren's stock was added?

  Effects of september 11 within a few days after the

effects of september 11 within a few days after the september 11 2001 terrorist attact on the united states the federal

  Describe decision making as to keep the stock

Describe Decision making as to keep the stock or sell the given stock and The news of the competitor's discovery has not been made public

  In 2006 a 50-cent piece issued in 1904 sold for 1300 what

in 2006 a 50-cent piece issued in 1904 sold for 1300. what was the rate of return on this

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

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