Earnings per share and the price earnings

Assignment Help Business Economics
Reference no: EM132491932

Dungeoness Corporation has excess cash of $1,200 that it would like to distribute to shareholders through a share repurchase. Current earnings are $1.5 per share, and the stock currently sells for $40 per share. There are 220 shares outstanding. Ignore taxes and other imperfections.

If Dungeoness Corp. goes with the share repurchase, what will the price per share be? How many shares will they buy in the repurchase? What are earnings per share (EPS) and the price earnings (P/E) ratio? Enter your answers rounded to 2 DECIMAL PLACES.

Price per share =

Number of shares repurchased =

Earnings per Share =

Price earnings (P/E) ratio =

Reference no: EM132491932

Questions Cloud

Comparing the global age and changing power alliances : What are the drivers of this development? Which countries do you think will be the major powers in the 21st century? Comparing the Global Age and Changing Power
Determine the equilibrium price and quantity in market : You have just graduated and moved to this city; as a new MBA and an entrepreneur, you are considering entering the market for this product.
Cognizant of the economic trade-offs of behavior : Do you think most consumers are cognizant of the economic trade-offs of their behavior?
Determine how will measure the marketing activities : Explain two types of media methods . Determine how you will measure the marketing activities (i.e., what metrics will be used to determine success or failure).
Earnings per share and the price earnings : If Dungeoness Corp. goes with the share repurchase, what will the price per share be? How many shares will they buy in the repurchase? What are earnings per sha
How many shares will be outstanding : The stock pays a 20 percent stock dividend. After the dividend: How many shares will be outstanding? What will be the price per share?
Identify treatment options available for particular needs : Identify treatment options available for your particular individual or group's needs in jail, prison, or community corrections. The response must be typed.
Discuss an overview of financial management : Examine ethical behavior within firms in relation to financial management. Provide two (2) examples of companies that have been guilty of ethics-based action
How do you see your role in the profession : What positive and unique qualities do you bring to the profession? How do you see your role in the profession evolving through time?

Reviews

Write a Review

Business Economics Questions & Answers

  Economics assignment

This document contains various important questions and their appropriate answers in the subject field of Economics.

  Demand and supply curves

Economics is the study of the principles governing the allocation of scarce means among competing ends when the objective of the allocation is to maximize the attainment of the ends.

  Long-run perfectly competitive equilibrium for the firm

Evaluate Government intervene and correct this situation?(a) Explain the concept of a concentration ratio. A rise in the price of magarine Explain the impact of external costs and external benefits on resource allocation long-run perfectly c..

  Supply and demand diagrams

Explain each of the following using supply and demand diagrams,  With the use of a graph, explain how these two programs affect cigarette consumption and the price of cigarettes.

  Case study: fisher-price toys

The case study of the Fisher-Price Toys, Inc., a popular case in basic economics and management from the prestigious Harvard Business School.

  Draw the production possibility curve

Draw the production possibility curve and a. Define consumer surplus and producer surplus.

  Tax revenue

The Australian government administers two programs that affect the market for cigarettes

  Maximize total welfare

How many tickets to sell to maximize total welfare.

  Difference between the cv and the ev

The change in consumer surplus (?CS) is not "theoretically" justifiable like the CV and EV but it continues to be the most widely used measure of consumer welfare change. Explain how this can be reconciled

  Depict von neumann-morgenstern utility index u in a diagram

Depict the von Neumann-Morgenstern utility index u in a diagram

  What is the market solution

What is the market solution (market price and quantity) and What is the total surplus of the society under the market solution

  Calculate gross national product and net national product

Calculate gross national product and net national product

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