What will the pe ratio be after the repurchase

Assignment Help Financial Management
Reference no: EM131317704

Dock Side Loaders has 12,500 shares of stock outstanding at a market price of $51 each and earnings per share of $2.24. The firm has decided to repurchase $62,475 worth of stock. What will the PE ratio be after the repurchase, all else held constant?

Reference no: EM131317704

Questions Cloud

Which enables organization to customize its business process : Which of the following enables an organization to customize and integrate its business processes? When a product reaches the growth stage in its life cycle, corporate strategy should focus on:
Flotation cost as a percentage of the funds raised : The company paid $626,000 in legal and other direct costs and $105,000 in indirect costs. What was the flotation cost as a percentage of the funds raised?
Define the general fund and proprietary fund : Do not-for-profit organizations, other than governments, use fund accounting? Comment.- The accounting for governments is centered on the entity concept and the efficiency of the entity. Comment.
What is the value of the levered firm : Currently, the firm has no debt but is considering borrowing $725,000 at 6.75 percent interest. The tax rate is 35 percent and the current cost of equity is 15.2 percent. What is the value of the levered firm?
What will the pe ratio be after the repurchase : Dock Side Loaders has 12,500 shares of stock outstanding at a market price of $51 each and earnings per share of $2.24. The firm has decided to repurchase $62,475 worth of stock. What will the PE ratio be after the repurchase, all else held consta..
Is there any relationship between a phasor and a vector : Considering the second hand on your watch to be a vector, state its polarization. What is the frequency?
Objectives incorporated into financial reporting : Give examples of disclosure in notes with personal financial statements.- If quoted market prices are not available, a personal financial statement cannot be prepared. Comment.
What is the value today of a 15-year annuity : What is the value today of a 15-year annuity that pays $690 a year? The annuity's first payment occurs six years from today. The annual interest rate is 12 percent for Years 1 through 5, and 14 percent thereafter.(Do not round intermediate calcula..
Discus about the quality and its related aspects : "Quality" Please respond to the following:Rank the following parties as it relates to their responsibility over the quality of project deliverables. Justify your ranking. Project manager,The development team,The project sponsor.

Reviews

Write a Review

Financial Management Questions & Answers

  How relationship of uk and canadian interest rate changed

Explain how the relationship between the UK interest rate and the Canadian interest rate changed from the beginning of the month until the end of the month.

  Assume that the investors required rate of return from bond

What is the yield-to-maturity of a 10-year maturity and $1,000 par value bond with an 8% coupon interest rate if it is selling for $950.08? Assume that interest is paid annually. What is the market value of a 15-year maturity and $1,000 par value bon..

  Explanations of the major differences in ratios and trends

Discuss the ratio trends of bank of America (stock companies )and compare/contrast these trends with those of another company. Provide explanations of the major differences in ratios and trends between the two companies and industry please try to ans..

  How will these options affect his net worth and cash flow

Based on Jason's cash flow, he can't currently afford more than $200 in car payments. What options does he have? How will these options affect his net worth and cash flow?

  What is dem boys market and book ratio

Dem Boyz has $11 billion in total assets. its balance sheet shows $1 billion in current liabilities, $3 billion in long-term debt, and $6 billion in common equity. it has 700 million in shares of common stock outstanding and its stock price is $32 pe..

  Zero coupon bond with face value

A zero coupon bond with a face value of $1,000 is issued with an initial price of $565.01. The bond matures in 20 years. What is the implicit interest, in dollars, for the first year of the bond's life?

  What risk capital associated with commercial loan portfolio

What is the risk capital associated with the commercial loan portfolio? What is the difference between economic (or risk) capital and VaR for the commercial portfolio?

  What debt-equity ratio is needed for the firm

Central Systems, Inc. desires a weighted average cost of capital of 7 percent. The firm has an after-tax cost of debt of 4 percent and a cost of equity of 10 percent. What debt-equity ratio is needed for the firm to achieve its targeted weighted aver..

  Salvage for an after tax salvage cash flow

A company is considering a 3-year project that requires an initial installed equipment cost of $16,000. The project engineer has estimated that the operating cash flows will be $5,000 in year 1, $6,000 in year 2, and $8,000 in year 3. It is also esti..

  Considering investing in franchise-requires initial outlay

Kay SAdilla is considering investing in a franchise that requires an initial outlay of $75,000. She conducted market reserch and found that after-tax cash flows on the investment should be about $15,000 per year for the next 7 years. The franchiser s..

  Market value of the house-mortgage

A person has a net asset of $1 million, including a $300,000 net equity of a house (market value of the house – mortgage). Specifically, the house has a market value of $600,000 including $400,000 for the structure and $200,000 for the land, and a mo..

  What is the discounted payback period for cash flows

An investment project has annual cash inflows of $5,100, $3,200, $4,400, and $3,600, for the next four years, respectively. The discount rate is 15 percent. What is the discounted payback period for these cash flows if the initial cost is $10,100?

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