What is the ratio of market value per share

Assignment Help Financial Accounting
Reference no: EM13541668

The rockford corporation has assets of 380,000, current liabilities of 40,000, and long-term liabilities of 70,000. There is 30,000 in preferred stock outstanding: 20,000 shares of common stock have been issued.

a. Compute book value (net worth) per share

b. if there is $25,000 in earnings available to common stockholders and rockford's stock has a p/e of 15 times earnings per share, what is the current price of the stock?

c. What is the ratio of market value per share to book value per share?

Reference no: EM13541668

Questions Cloud

Find how high above the faucet is the top of water in tower : A water tower supplies water through the plumbing in a house. A 2.54-cm-diameter faucet in the house can fill a cylindrical container with a diameter of 48 cm and a height of 32 cm in 12 s. How high above the faucet is the top of the water in the t..
Find the time it took for the ball to reach the ground : A ball is thrown downward from the roof of a 24 m tall building with an initial speed of 5 m/s. Use energy principles to find the speed with which the ball hits the ground. Find the time it took for the ball to reach the ground.
Depict three different reaction pathways for meta : Draw 3 different reaction pathways for meta, ortho, and para substitution of a halogen (e.g. Br2 in FeBr3) onto nitro benzene. Each pathway should have all resonance structures.
Calculate what is the tangential force : A flywheel comprises a uniform circular disk with a mass of 101.0 kg and a radius of 1.1 m. It rotates with an angular velocity of 1183 rev/min. what is the tangential force
What is the ratio of market value per share : Compute book value net worth per share - What is the ratio of market value per share to book value per share?
As a bacterium swims through water it propels : As a bacterium swims through water it propels itself with its flagella so as to overcome the frictional drag forces and move at, more or less, constant velocity of 100 micrometers/s for periods of time. If the frictional drag force on a bacterium is ..
Calculate the weight of the olive oil : a large rectangular tub is filled to a depth of 2.60 m with olive oil, which has density 915 kg/m^3. If the tub has the length 5.00m and width 3.00 m, calculate the weight of the olive oil
Explain the reaction bro3- + 5br-+ 6h+ ? 3br2 + 3h2o : For the reaction BrO3- + 5Br-+ 6H+ ? 3Br2 + 3H2O at a particular time, -?[BrO3-]/?t = 1.5 ? 10-2 M/s. What is -?[Br-]/?t at the same instant
Find the tension in the guitar string : A guitar string is being restrung with a string having a diameter of 1.4 mm and a length of 0.82 m when no tension is applied. If the string has a Young's modulus of 1.4 x 10^11 N/m^2 and is tightened by wrapping it three times around a peg with a 2...

Reviews

Write a Review

Financial Accounting Questions & Answers

  Calculate the operating income for spenser co

Calculate the operating income for Spenser Co. for the year ended December 31, 2010 and calculate the company's net income for 2010.

  Problem 1on july 1 browning corporation purchases 550000

problem 1on july 1 browning corporation purchases 550000 shares of its 6 par value common stock for the treasury at a

  Prepare a consolidated balance sheet and journal entries

prepare a consolidated balance sheet and journal entries from the data.balance sheet of big as of

  Be you apparel inc is considering two investment projects

be you apparel inc. is considering two investment projects. the estimated net cash flows from each project are as

  How will development affect accounting for commonwealth

The Chicago utility's bonds, rated double-A by Moody's and double-A-minus by Standard & Poor's, originally had been priced at 99.803, to yield 9.3% in 5 years. They were marked down yesterday the equivalent of about $5.50 for each $1,000 face amou..

  Find the basic earnings per share

Make two income statements and the Retained Earnings Statement. Use the single-step format and multiple-step income formats and find the Basic earnings per share

  A client of cpa firm of harston and mendez is a medical

a client of cpa firm of harston and mendez is a medical practice of seven local doctors. one doctor has been sued for

  Prepare the following for studio photography for the year

Alex Shore practiced accounting with a partnership for five years. Recently he opened his own accounting firm, which he operates as a professional corporation.

  Prepare a consolidation worksheet as of december

Assuming that these two companies retained their separate legal identities, prepare a consolidation worksheet as of December 31, 2008 assuming the transaction is treated as a purchase combination.

  Question bugaboo co manufactures three kinds of cookies

question bugaboo co. manufactures three kinds of cookies fluffs snaps and crinkles. the production process is

  Show the treatment of the lot in the income statement

Show the treatment of the lot in the income statement (result accounting) and balance sheet for the period 20x1 - 20X6 and how is the solution if the expenditure extends the lifetime of the building for three years?

  Computation for the operating cycle performance

Computation for the operating cycle performance for Raytheon Corp - complete performance measure EVA, Operating Leverage and ROI.

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