A company has net income of $865,000; its weighted-average common shares outstanding are 173,000. Its dividend per share is $1.30, its market price per share is $105, and its book value per share is $101.5. Its price-earnings ratio equals (Do not round your intermediate calculations) : a. 2.20. b. 20.30. c. 21.00. d. 3.50. e. 4.80.
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “A company has net income of $865,000; its weighted-average common shares outstanding are 173,000. Its dividend per share is $1.30, its ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers
You Might be Interested in
On February 22, Brett Corporation acquired 250 shares of its $3 par value common stock for $26 each. On March 15, the company resold 66 shares for $29 each. What is true of the entry for reselling the shares
Answers (1)
Excludability is the property of a good whereby A. a person can be prevented from using it. B. the resource is congestible. C. the government rations the quantity of a good that is available. D. one person's use diminishes other peoples' use.
Answers (1)
Prompt 1 in his 2015 papal encyclical, laudato si', in which he addresses climate change and our collective responsibility to care for our "common home," pope francis, s. j.
Answers (1)
Jolene hired Lacy to find a buyer for her house. Adam was interested in buying the house. If both Jolene and Adam agree, Lacy, a real estate agent, may represent both parties. A. True B. False
Answers (1)
A substantial appreciation of the U. S. dollar will likely result in, all else equal, A. higher U. S. dollar prices of foreign products in the United States. B. increased demand for U. S. products and increased employment of U. S. workers. C.
Answers (1)
New Questions in Business
Dorchester purchased investment realty in 2001 for $25,000. During the current year, he contributes it to the American Heart Association to use as the site for its new local headquarters.
Answers (1)
An accountant agreed to perform a compilation of a company's financial statements under Statements of Standards for Accounting and Review Services (SSARSs). During fieldwork, the accountant decided to perform some analytical procedures.
Answers (1)
Alicia is the sole shareholder and CEO of ABC, Inc., an S corporation that is a qualified trade or business. During the current year, ABC has net income of $325,000 after deducting Alicia's $100,000 salary.
Answers (1)
Henry Edwards was injured in an accident caused by another driver who did not have insurance. Henry's medical expenses would be covered by: A. collision. B. no-fault coverage. C. bodily injury liability. D. uninsured motorists protection Its not B
Answers (1)
Oliver is a manager at a watch company. He believes that money is the sole motivator for workers, so he links workers' pay directly to their output. For each watch a worker produces, he or she receives $5.
Answers (1)