What is market and book ratio

Assignment Help Financial Management
Reference no: EM13933416

Jaster Jets has $9 billion in total assets. Its balance sheet shows $1.8 billion in current liabilities, $5.4 billion in long-term debt, and $1.8 billion in common equity. It has 700 million shares of common stock outstanding, and its stock price is $46 per share. What is Jaster's market/book ratio? Round your answer to two decimal places.

Reference no: EM13933416

Questions Cloud

Should the new product be marketed : A soft drink company wants to test-market a new product in n = 40 randomly selected convenience stores. Should the new product be marketed? Let α = 0.05. What is the p-value for this test?
Find the first derivative : Find the first derivative
Using the weighted average cost of capital : A firm is proposing to undertake a scale expansion. It would cost $40 million and produce an expected cash flow of $5 million a year in perpetuity before it is taxed at the corporate rate of 34%. The firm is financed 40% by debt. The expected return ..
Vb.net program with a graphical user interface. : Write the program in VB.NET (not Web based) with a graphical user interface.
What is market and book ratio : Jaster Jets has $9 billion in total assets. Its balance sheet shows $1.8 billion in current liabilities, $5.4 billion in long-term debt, and $1.8 billion in common equity. It has 700 million shares of common stock outstanding, and its stock price is ..
Firm has a profit margin and equity multiplier : A firm has a profit margin of 5% and an equity multiplier of 1.4. Its sales are $150 million, and it has total assets of $75 million. What is its ROE?
Financial business plan explaining initial outlay of funds : You mission is to create a financial business plan explaining the initial outlay of funds this business venture will cost. Create a PowerPoint Presentation for this business venture. The following is an outline of how your slides should be presented...
Appropriate research methodologies and techniques : 1. Identify a business research topic 2. Define the research questions for the identified problem or opportunity 3. Select the appropriate research methodologies and techniques to use for the research project
What is positive psychotherapy : Do you feel that incorporating positive therapy into psychotherapy practices through education, training and unbiased reinforcement of the strengths that gay, lesbian, bisexual and transgendered (GLBT) individuals possess will help assist them wit..

Reviews

Write a Review

Financial Management Questions & Answers

  Bond from the previous example assume that this bond

(You have just purchased an outstanding 15-year bond with a par value of $1,000 for $1,145.68. It's annual coupon payment is $75.) For the same bond from the previous example assume that this bond is callable in 7 years a a price of $1,075. What is t..

  The market capitalization rate

The market capitalization rate for Admiral Motors Company is 10%. Its expected ROE is 15% and its expected EPS is $7. If the firm’s plowback ratio is 50%. Calculate the growth rate. What will be its P/E ratio?

  Assume the risk free inflation adjusted interest rate

You have a contract that entitles you to receive $1 million 20 years from now. But can't wait and want your money now. You want to sell your contract. What is a fair price for it? Assume the risk free, inflation adjusted interest rate is 3% per year,..

  Average cost problem

Average cost of a desktop computer must be less than or equal to$2,100. using a sample of 64 retailers reveals a mean price of $1,951, with a standard deviation of $242. does the manager proceed with using a 5 percent significant level?

  Considering the purchase of an automated molding machine

The management of Erion Corporation is considering the purchase of an automated molding machine that would cost $280,534, would have a useful life of 5 years, and would have no terminal (salvage) value. The automated molding machine would result in c..

  Compute the effective interest rate to the nearest percent

Recently, Glenda Estes was interested in purchasing a Honda Acura. The salesperson indicated that the price of the car was either $27,600 cash, or $6,900 at the end of each of 5 years. Compute the effective interest rate to the nearest percent that G..

  Explain a reasonable strategy for bond investors

Suppose interest rates have been at historically high levels the past two years and you therefore expect they will soon go down. A reasonable strategy for bond investors during this time period would be to

  Calculate the arithmetic average returns-variances

Returns Year X Y 1 11 % 18 % 2 25 26 3 11 10 4 – 18 – 23 5 10 17 Using the returns shown above, calculate the arithmetic average returns, the variances, and the standard deviations for X and Y.

  You will be using the black-scholes option-pricing model to

you will be using the black-scholes option-pricing model to price a call option. look up todays value of the stock nfec

  Mutual fund at the beginning of the year

You invested $10,000 in a mutual fund at the beginning of the year when the NAV was $32.24. At the end of the year the fund paid $0.24 in short-term distributions and $0.41 in long-term distributions. If the NAV of the fund at the end of the year was..

  What is the effective annual rate on loan

You have a car loan with a nominal rate of 7.75 percent. With interest charged monthly, what is the effective annual rate (EAR) on this loan?

  Considering whether to replace an existing flow meter

You are considering whether to replace an existing flow meter. The existing flow meter can be sold now for $50 or it can be sold in one year for $10. It will cost $30 to operate and maintain over the next year (in end of year value). Do you recommend..

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