ABC's Net Income this year was $22,973,000 and there were 19.9 million shares outstanding. If the firm's Price/Earnings Ratio (P/E Ratio) is 14.2 then what is the firm's share price?

Q: balance sheets for Larry underwood motors shows a book value of stockholders equity book value per…

A: Price earnings ratio indicates no. of times a company's share price is trading as compared to its…

Q: Richards Corporation had net income of $196,700 and paid dividends to common stockholders of…

A: Earning per Share= Net income-(preferred stock dividend)/No. of shares outstanding Price earning…

Q: grey wolf, inc., has a current assest of $2,090, net fixed assests of $9,830, current liabilities of…

A: Amount of total assets equals to sum of total liabilities and shareholders’ equity. Shareholders’…

Q: Griffins Goat Farm, Inc., has sales of $681,000, costs of $343,000, depreciation expense of $87,000,…

A: Given information: Sales amounted to $681,000 Costs of $343,000 Depreciation expense is $87,000…

Q: A company generated revenues of $194 million during the last twelve months, with an operating margin…

A: P/E ratio can be calculated by using this equation  P/E Ratio =market price par share/Earning par…

Q: Cersie Inc.'s latest EPS was 3.50, its book value per share was 22.75, it had 215,000 shares…

A: EPS = 3.5 Book Value per share = 22.75 Shares Outstanding = 215,000 Debt ratio = 46%

Q: The balance sheet for Larry underwood motors shows a book value of stockholder’s equity ( book value…

A: Outstanding stock refers to a corporation's shares that are currently owned by investors and…

Q: The book value of a company is $15 per share and the total commonstockholders’ equity is $45…

A: Common stock is the share of a company that gives ownership to a portion of the company. Companies…

Q: The Anderson Company has net profits of $20 million, sales of $250 million, and 4.5 million shares…

A: Net profit margin is calculated on on sales, the equation is  Net profit margin =net profitsales*100

Q: For the year 201B, ABC Company's return on common stockholders' equity was 12.5%. Its average…

A: Return on common stockholders' equity indicates the rate of earning of commons stockholders on their…

Q: At the beginning of the current year, Soron Corporation had 200,000 shares of $1 par common stock…

A: Retained earnings are the amount which was retained by the company after all of its expenses…

Q: Cleveland Corporation has 100,000 shares of common stock outstanding, its net income is $750,000,…

A: Formula to calculate Earnings per share: EPS=Total earningsShares…

Q: Lotharan Corp. has yearly sales of $28.3 million and costs of $12.5 million. The company’s balance…

A: Calculation of Enterprise Value and Price per share:The enterprise value is $123,240,000 and price…

Q: A company has net income of $950,000; its weighted-average common shares outstanding are 190,000.…

A: given   A company has earnings per share net income of $950,000; its weighted-average common shares…

Q: A firm has $5,760,000 in its common stock account and $57,600,000 in its paid in capital account.…

A: Common stock consist of the par value of the share and paid-in capital is the excess amount on par…

Q: A firm has $160,000 shares of stock outstanding sales of $1.94 million , net income of $126,400 a…

A: EPS =Net income/Shares of stock outstanding =126,400/160,000 =$0.79

Q: For the year that just ended, Leaf Manufacturing had net income of $786,400 and preferred dividends…

A: Earning Per Share Earnings per share (EPS) is calculated as a company's profit divided by the…

Q: Gunter Company has income of $200,000, earnings per share of $2.00, common equity of $2,000,000, and…

A: Given information can be summarized as:Net income = NI = $200,000earnings per share, EPS = $2.00Book…

Q: Davidsons has a market value of $10.6 per share. The balance sheet shows $4,250,000 in the common…

A: The amount of dividend paid = Par value of stock * Dividend rate

Q: The value of equity is $150,000,000. The return on equity is 15%, the cost of capital is 18% and the…

A: Earnings Per Share(EPS) is an indicator that shows how much profit a company is making on each…

Q: Reagan Corp has net income of $843,800 for the year. Their share price is $13.54 and they have…

A: In the given question we require to compute the firm's price-earnings ratio.

Q: 1. A firm has 650,000 shares of stock outstanding, sales of AED 900 million, net income of AED 6…

A: As per the guidelines, only one question is allowed to be answered. Please upload different…

Q: National Company's net income last year was P75,000. The company paid preferred dividends of P12,000…

A: Return on common stockholders equity means net earnings earned on the investment made by common…

Q: The Anderson Company has net profits of $20 million, sales of $250 million, and 4.5 million shares…

A: Hi, there thanks for posting the question. As per our Q&A honour code we must answer first three…

Q: Based on the corporate valuation model, the value of ABC Company’s operations is $1,313 million. The…

A: Intrinsic value refers to the actual worth of an asset, project, or business. While determining the…

Q: Jensen Inc. has total equity of $73 billion and 675 million shares outstanding. Its ROE is 12.7%.…

A: Return on equity is the percentage return that is calculated by dividing the net income by…

Q: If the Marifield Steel Fabrication Company earned $539,000 in net income and paid a cash dividend…

A: earning per share formula: earning per share=net income-dividendnumber of shares outstanding

Q: Benkart Corporation has sales of \$5,000,000 , net Income of 800,000, total assets of \$2,000,000 ,…

A: A ratio that provides information regarding the share price of a company by relating it to the…

Q: TNT Corporation's stock is currently selling at $36 per share. TNT reported total revenues of $5.26…

A: Price to Sales Ratio The price to sales ratio is a ratio that shows the relationship between the…

Q: ABC's Net Income this year was $20,650,000 and there were 19.5 million shares outstanding. If the…

A: Given, Net Income = $20650000 Shares Outstanding = 19500000

Q: (Working with the income​ statement)  If the Marifield Steel Fabrication Company earned $463,000 in…

A: Earning per share (EPS) is the ratio that describes how much profit is earned by the company for…

Q: National Company has 100,000 shares of P10 par value common stock issued and outstanding. Total…

A: Earning Per Share = Net incomeNumber of shares outstanding                                      =…

Q: Ziggy Inc., has sales of $817,000 costs of $343,000, depreciation expense of $51,000, interest…

A: Dividend refers to portion of net profit of entity that is shared with common stockholders. It can…

Q: A company has revenues of 24 million and depreciation and amortization expenses of 9 million.…

A: Given, Revenue = 24 million Depreciation and amortization expenses = 9 million  Operating margin =…

Q: Helmuth Inc's latest net income was $1,210,000, and it had 225,000 shares outstanding. The company…

A: The portion of the earnings that are distributed among the common shareholders is termed as the…

Q: Ames, Inc., has a current stock price of $58. For the past year, the company had a net income of…

A: Given the following information: Current stock price: $58 Net income: $8,400,000 Total equity:…

Q: Griffins Goat Farm, Inc., has sales of $670,000, costs of $332,000, depreciation expense of $76,000,…

A: Income before tax = Sales - Cost -Depreciation - Interest expenses    = 670000 - 332000-76000-48000…

Q: For the year 201B, ABC Company's return on common stockholders' equity was 12.5%. Its average…

A: The ratio analysis is performed to analyze the different aspects of financial statements of the…

Q: A company has a reported net income of RM12 million and 60 million shares outstanding. a) Estimate…

A: Net income = RM 12,000,000 Number of shares = RM 60,000,000 P/E Ratio = 14.0

Q: Kliza Company's net income last year was P130,000. The company paid preferred dividends of P42,000…

A: Return on equity (ROE) refers to the evaluation of the profitability of a company through the…

Q: A company’s shares have a market value of $85 per share. Its net income is $3,500,000, and its…

A: Earnings per share = Net income /  weighted-average common shares outstanding  = $3,500,000 /…

Q: Greene, Inc.'s balance sheet indicates that the book value of​ stockholders' equity​ (book value per…

A: Market-to-book ratio is simply a comparison of book value with market value. It can be calculated…

Q: Harper Industries has $900 million of common equity on its balance sheet; its stock price is $20 per…

A: The Common Equity on the Balance sheet date is $ 900 million. As common equity is given, it has been…

Q: Lei​ Materials' balance sheet lists total assets of $1.05 ​billion, $127 million in current​…

A: Market to book ratio is calculated as market value of equity divided by book value of equity