User Account

All Pages

Compute the stock earnings per share

Assignment Help Business Management
Reference no: EM131068146

The Durant Company recently reported net profits after taxes of $15.8 million. It has 2.5 million shares of common stock outstanding and pays preferred dividends of $1 million a year. The company's stock currently trades at $60 per share.

a. Compute the stock's earnings per share (EPS).

b. What is the stock's P/E ratio?

c. Determine what the stock's dividend yield would be if it paid $1.75 per share to common stockholders.

Reference no: EM131068146

Questions Cloud

Difference between the call delta and the put delta : (a) Find the risk-neutral probabilities governing the movement of the stock price. (b) For a strike price of 100 for call, find the delta of the call. (c) For a strike of 100 for put, find the delta of the put. (d) Compute the difference between the ..
Concept of derivatives which is of major importance : These questions have been designed to help you gain deep understanding of the concept of derivatives which is of major importance in calculus.
Calculate the sustainable growth rate for the firm : A firm reported an ROE of 19 percent. The firm's debt ratio was 45 percent, sales were $12 million, and the capital intensity ratio was 1.1 times. Calculate the net income for the firm.
Find the monthly payment on a home mortgage : find the monthly payment on a home mortgage
Compute the stock earnings per share : The Durant Company recently reported net profits after taxes of $15.8 million. It has 2.5 million shares of common stock outstanding and pays preferred dividends of $1 million a year. The company's stock currently trades at $60 per share.
Short-term financing : Imagine you are an entrepreneur with a new idea and would like to start a business with your idea, but lack capital. Go to the U.S. Small Business Administration's Website, located athttp://www.sba.gov/content/sbic-program, and read about the Small..
Component cost of preferred stock : The firm's marginal tax rate (combined federal and state) is 40 percent, and the firm plans to maintain its current capital structure relationship into the future. The component cost of preferred stock to Lei-Feng, Inc. would be closest to.
Million principal outstanding : Now assuming that at the beginning of the 5th year, Tranche A has $20 million principal outstanding, and the CMO trustee receives total cash flows of $36 million, how are they distributed?
Evaluate kanymoon universitys benchmarked position : Evaluate, as far as possible, Kanymoon University's benchmarked position. Define what you understand by the term, 'Strategic management accounting'; critically evaluate any academic literature and refer to recent developments on the subject.

Reviews

Write a Review

Business Management Questions & Answers

  Organization culture and implementing change

Organization Culture and Implementing Change - Organizational culture: The impact an organization culture has on implementing change?

  How can hr act as a a strategic business partner

Based on what you have learned so far, how can HR act as a strategic business partner in general? How can HR act as a strategic partner in your organization?

  Question regarding the annual investments

You have forty years until you retire. Today you have no investments. At the end of the year, you will make the first of 40 annual investments of $5,000 in an account that returns 8%, how much will you have on the day that you make the last of you..

  Show managerial accounting information

Explain which one of the reports serves as the primary communication of audit findings

  Solve the test problem manually

Calculate Planned Order Releases for materials A-XXX, B-XXX, C-XXX, D-XXX, and E-XXX . Relevant data on independent requirements (forecast), BOM, and material master data are given below.

  Providing ideas for intrinsic and extrinsic rewards

In your recent job what motivates you to do well identify two or three extrinsic rewards that positively affect you and keep you focused on what you need to accomplish.

  Explanation of operations management

The local supermarket purchases lettuce each day to ensure really fresh manufacture. Each morning any lettuce that is left from the previous days is sold to a dealer that resells it to farmers who use it to feed their animals.

  Question about force field analysis

Create a force field analysis to address the leadership team's concerns about what else they should be doing and to what they have not yet paid enough attention. The analysis has been started below.

  Qualitative or quantitative design

First review the Concept Paper Template (including the comments in the margin). Find every reference to either qualitative or quantitative design.

  Show the importance of delegation as a leadership

show the importance of delegation as a leadership toolpresident ronald reagan has been described by some as a master of

  Leadership styles impede the change initiative

How did these leadership styles promote or impede the change initiative? Use the below bullets when describing.

  What type of employees are considered a protected class

Compare and contrast the Affirmative Action law briefly discussed in Chapter 12 on page 276, against two of the U.S. laws aimed to prevent employment discrimination described in Figure 13.1, p. 296.

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