Innovative Components is a manufacturer of computer parts. The company recently reported earnings of $2,014,802. In addition, Innovative Components has 402,500 shares issued and outstanding. The company has a PE ratio of 24.6. Innovative Components is part of the computer parts industry which has an industry PE ratio of 25.6. Using industry information, estimate the intrinsic value of Innovative Components' equity per share? A) $ 5.01 B) $ 64.08 C) $128.15 D) $123.14
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “Innovative Components is a manufacturer of computer parts. The company recently reported earnings of $2,014,802. In addition, Innovative ...” 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
If the month-end bank statement shows a balance of $54,000, outstanding checks are $15,000, a deposit of $6,000 was in transit at month end, and a check for $900 for non-sufficient funds charged by the bank against the account, the correct balance
Answers (1)
Even the best marketing communication can be wasted if the sender does not first A) generate consumer action. B) offer testimonials from past consumers. C) determine the level of desire needed to sustain action. D) gain the attention of the consumer.
Answers (1)
One year ago, you purchased 600 shares of a stock. This morning you sold those shares and realized a total return of 3.1 percent. Given this information, you know for sure the: A. stock price increased by 3.1 percent over the last year. B.
Answers (1)
Arizona Desert Homes (ADH) constructed a new subdivision during 2020 and 2021 under contract with Cactus Development Co.
Answers (1)
The amount of sales tax collected by a retail store when making sales is: A. a miscellaneous revenue for the store. B. a current liability. C. not recorded because it is a tax paid by the customer. D. recorded as an operating expense.
Answers (1)
New Questions in Business
Helga wrote this citation on her paper. "Global Sea Turtle Populations Decline." Sea Turtle Restoration Project. 26 May 2002. Web. 22 Sept. 2006. This best represents a A. book citation. B. magazine citation. C. web page citation. D.
Answers (2)
What were the two main opposing views of Adam Smith and Karl Marx?
Answers (1)
A company plans to issue new Preferred Stock that pays 6% on the Par Value of $25. Similar preferred stocks are current selling in the market for Pp = $28.
Answers (1)
Need order of operations to solve 3 7 12 2 = 52
Answers (2)
Which of the following is not a benefit of budgeting? The budgeting process enables managers to uncover bottlenecks as they occur. Budgets communicate management's plans throughout the organization.
Answers (1)