A company has an EPS of $3.90, a book value per share of $39.00, and a market/book ratio of 3.0x. What is its P/E ratio

Answers

Answer 1

Answer:

P/R ratio = 30x or 30 times

Explanation:

P/E ratio is calculated by dividing the price per share by the earnings per share or EPS

P/E = Price per share / Earnings pet share

M/B = Market value per share/Book value pet share

3.0 = Market price per share / $39

3.0 × $39 = Market price per share

Market price per share = $117.

So, P/E ratio = $117 / $3.9

P/E ratio = 30x or 30 times


Related Questions

________ brands enable manufacturers to leverage marketing resources by creating efficiencies inmarketing communications and distribution

Answers

Answer:

National.

Explanation:

Just as the name NATIONAL, it implies the said the brand is one which is been sold across the said nation in numerous places and cities but with a particular name which is tagged the name. it's owned by a producer or distributor though it's hostile local brands, and to private-label brands.

National brands compete with local and personal brands. National brands are produced by, cosmopolitan by, and carry the name of the manufacturer. Local brands may appeal to those consumers who favor small, local producers over large national or global producers, and who may favor to pay a premium to be purchased locally.

According to the life-cycle and permanent-income hypotheses, if future income rises permanently, current consumption:

Answers

Answer:

b.  rises.

Explanation:

In the case when the future income increased on permanently basis so as per the life cycle and the hypothesis of permanent income the current income rises because in this case the people rises their level of consumption patterns over their lifecycle

Therefore in the given situation, the rises is the answer and the same is to be considered

Miyagi Data, Inc., sells earnings forecasts for Japanese securities. Its credit terms are 2/10, net 50. Based on experience, 80 percent of all customers will take the discount. a.What is the average collection period

Answers

Answer:

a. Average collection period = 18 days

b. Average balance = $1,717,112.33

Explanation:

b. If the company sells 1,240 forecasts every month at a price of $2,340 each, what is its average balance sheet amount in accounts receivable?

a. Average collection period = 80%(10 days) + 20%(50 days)

Average collection period = 0.80(10 days) + 0.20(50 days)

Average collection period = 8 days +  10 days

Average collection period = 18 days

b. Average balance = 1240 * $2,340 * 12*(18/365)

Average balance = 1240 * $2,340 * 12 * 0.0493151

Average balance = 1717112.32992

Average balance = $1,717,112.33

In the _______________ stage of the industry life cycle, there are few segments, the emphasis on process design is low, and the major functional areas of concern are general management and finance.

Answers

Answer:

Decline.

Explanation:

In the decline stage of the industry life cycle, there are few segments, the emphasis on process design is low, and the major functional areas of concern are general management and finance.

"Helen recently invested in real estate with the intention of selling the property one year from today. She has modeled the returns on that investment based on three economic scenarios. She believes that if the economy stays healthy, then her investment will generate a 30 percent return. However, if the economy softens, as predicted, the return will be 10 percent, while the return will be -25 percent if the economy slips into a recession. If the probabilities of the healthy, soft, and recessionary states are 0.7, 0.2, and 0.1, respectively, then what are the expected return and the standard deviation of the return on Helen’s investment? (Round answers to 3 decimal places, e.g. 0.125 and round intermediate calculations to 5 decimal places, e.g. 0.07680.) Expected return Standard deviation"

Answers

Answer:

Expected returns = (return with healthy economy x probability of healthy economy) + (return with soft economy x probability of soft economy) + (return of recessive economy x probability of recessive economy) = (30% x 0.7) + (10% x 0.2) + (-25% x 0.1) = 20.5%

Variance = (30² x 0.7) + (10² x 0.2) + (-25² x 0.1) - 20.5² = 630 + 20 + 62.5 - 420.25 = 292.25

Standard deviation = √292.25 = 17.095 = 17.1%

One necessary condition for deadlock is ______, which states that there is a chain of waiting processes whereby P0 is waiting for a resource held by P1, P1 is waiting for a resource held by P2, and Pn is waiting for a resource held by P0.

Answers

Answer:

Circular wait.

Explanation:

Of all four necessary conditions of deadlocks encountered so far, i can easily ascertain that the circular wait is the perfect match for the case above.

The circular wait algorithm processes are required to access or use a resource a specific order, so when one process is finished employing a resource, the following process within the queue takes the resource, uses it after which it'll give to the following waiting process in queue and also the sequence continues.

Assuming you've got three process named A, B and C and that they must use a resource in an exceedingly manner that circular wait are going to be implemented, process A will take the resource and use it for a substantial amount of your time and when it's done process B will take the resource and use it for a substantial amount of your time so hand the resource to process C. Process C will hand the resource to A after it's finished it, and therefore the process continues that way.

Which of the following is an advantage of specifying by company-developed specification? a. the cost of establishing specifications is low b. it is always possible to draw up specifications for any product c. unless a performance specification is used, the buyer takes responsibility for performance d. all of the above are advantages e. none of the above is an advantage.

Answers

Answer:

Option d (all of the above are advantages) is the correct option.

Explanation:

It transfers or sends the burden back to the manufacturer for an acceptable, satisfactory, or suitable product. The output design becomes result-oriented as well as for user-oriented, having to leave the vendor with either the determination about how to end up making the much more appropriate platform.

So that all the given statements are true.

Franklin Foods announced that its sales were $1,233,450 this year. The company forecasts a growth rate of 16 percent for the foreseeable future. How long will it take the firm to produce earnings of $3 million? (Round off to the nearest year.)

Answers

Answer:

6 years

Explanation:

The computation of the number of years is shown below:

As we know that

Future value = Present value × (1 + interest rate)^number of years  

$3,000,000 = $1,233,450 × (1.16)^n

($3,000,000 ÷ $1,233,450) = (1.16)^n

2.4322 = (1.16)^n

Now take log on both sides

log 2.4322 = n × log 1.16

n = log 2.4322 ÷ log 1.16

= 6 years

The blank support free trade in market expansions, and it also resolves conflict of interest and disputes that occur between its members. This body replaced the blank agreement, signed in 1947.

Blank#1 answers
-WTO
-WIPO
-IMF

Blank#2 answers
-USD
-GATT
-PCT

Answers

Answer:

IMF

Explanation:

IMF I think


Good luck

g Assume that you need to withdraw $100 from your checking account using your bank's ATM machine. What set of steps does the DBMS need to perform to complete your transaction

Answers

Answer:

Steps performed by DBMS to complete an ATM Cash Withdrawal are:

1. Authenticate card, retrieve users' information, and verify user ID, password, account number, and authorization code.

2. Check the user's bank Account to ensure sufficient balance to pay $100.

3. Give the ATM authority to release requested amount.

4. Calculate the balance after the transaction and

5. Update the account to new balance.

Explanation:

The DBMS (DataBase Management System) is the software that processes stored information about a user.  It is like the manual file processing system, but with the added features of speed and availability for 24-hours service.

g If the demand for a product is perfectly elastic, a tax of $1 per unit imposed on sellers will

Answers

Answer:

d. not affect the market price.

Explanation:

here are the options to this question :

a. Increase the market price by $1 per unit.

b. decrease the market price by less than $1 per unit.

c. decrease the market price by $1 per unit.

d. not affect the market price.

e. increase the market price by less than $1 per unit

Price elasticity of demand measures the responsiveness of quantity demanded to changes in price of the good.

Price elasticity of demand = percentage change in quantity demanded / percentage change in price

If the demand for a product is perfectly elastic, if the price of the good changes, the quantity demanded would fall to zero. So, if tax is imposed on the good, the sellers would bear the entire burden of the tax and there would be no increase in price of the good

Suppose that management has misstated the rate sensitivity of the bank’s money market deposit accounts because the bank has not changed the rate it pays on these liabilities for six months and doesn’t plan to change them in the near future. Will the bank profit if rates rise over the next 90 days?

Answers

Answer:

Yes the bank will benefit from the increased interest rates.

Explanation:

The increase in the interest rate causes a bank to earn profits. The bank will make profit by the increased interest rates as they have initially set lower interest rate for the lending of fund. The rise in interest rate will cause increased interest payments to the bank causing the bank to raise its profits.

A large company has a policy prohibiting employees from blogging about company products.What are some possible reasons for the policy

Answers

Answer:

First of all, when a company forbids its employees from blogging about company products it does not violate the first amendment. Employees are required to keep confidentiality about the company they work for.

Many companies prohibit employees from blogging (or any use of social media) about the company because employees represent the company they work for. E.g. imagine that you work for AT&T. If you make a bad comment about cell phone services and other people know that you work for AT&T, it may end up damaging AT&T's reputation or brand image. All types of videos and postings go viral, and even comments that you make to a friend might end up being seen by thousands or millions. You are free to express any opinion that doesn't affect your company, and there are thousands of subjects you can talk about. Just do not talk about work.

What price increase would be required to cover the increase in cost of hiring the press if unit volume (copies per issue) remain the same and Kai maintains the same profit goal?

Answers

Answer:

$0.22 per unit.

Explanation:

The additional Fixed cost of hiring the press is $103. This additional fixed cost should be covered by the unit volume. The unit volume that is sold is 458 copies. The additional fixed cost should be divided in the each copy sold to reach to the addition to current selling price.

$103 / 458 = $0.22

The selling price should be increased by $0.22 per copy.

Ames and Barton are partners who share income in the ratio of 1:2 and have capital balances of $46,000 and $74,000, respectively, at the time they decide to terminate the partnership. After all noncash assets are sold and all liabilities are paid, there is a cash balance of $84,000. What amount of loss on realization should be allocated to Barton?

Answers

Answer:

$24,000

Explanation:

The computation of the loss on realization is shown below:

The Total Capital Balance of Ames and Barton is

= $46,000 + $74,000

= $120,000

And, the non cash assets is $84,000

So, the total loss would be

= $120,000 - $84,000

= $36,000

Also the ratio is 1:2

So, for Barton it would be

= $36,000 × 2 ÷ 3

= $24,000

Agro Co-op,Inc. ,and Bio Feed Corporation are exporting firms that join together to export a line of products.Agro Co-op and Bio Feed apply to Charter Bank for a loan to fund their effort.Under federal law,Charter and other U.S.banks are:____________A) encouraged by credit guaranties to lend such funds.B) discouraged by administrative rules to make such loans.C) asked by enforcement agencies to report such requests.D) banned by statute from opening such credit lines.

Answers

Answer:

A) encouraged by credit guaranties to lend such funds

Explanation:

In a situation like this, under the United States export financing options, (International Trade Administration) for firms who are into exportation of American products, Banks are highly encouraged by credit guarantees to lend funds for the interested firms. This process is also boosted through working capital guarantees from Ex-Im Bank or the U.S. Small Business Administration. 

Hence, Charter and other U.S.banks are: "encouraged by credit guarantees to lend such funds."

Drag each label to the correct location on the image.

Mark’s business wants to diversify into energy efficient technology. Classify the sources of finance for this new business.

Answers

Answer:

See below

Explanation:

1. Issued a $1000 security that can be converted to 100 shares after five years:  

Convertible bond; bonds are debt instruments. A convertible bond is special because they have the option to convert the debt to capital.

2. Granted tax incentive for research and development.

Government :the government support business through incentives such as tax cuts and grants.

3. Sanctioned along-term loan in exchange for collateral:

Bank.  A loan from the bank is a source of capital for a business.

4. Impressed with the business plan, Mr. Doyle provided $75,000.

Angel investor:  they are wealthy individuals who offer capital to start-up based on their proposals and business plans.

5. Secured $100,000 from the sale of common stock:  

Venture capitalist: They invest in successful businesses by buying securities with profit expectations.

i just took the test and got this right

Issued a $1,000 security that can be converted into 100 shares after 5 years. Convertible Fund

Granted tax incentives for research and development. Government

Sanctioned along-term loan in exchange for collateral. Banks

Buy 10% of the company in exchange for cash. Venture Capitalist

Impressed with the business plan, Mr. Doyle provided $75,000. Angel Investor

Secured $100,000 from the sale of common stock. Equity

A tech start-up company has just become public. It just paid $3 dividend per share, which will grow 10% for the next two dividends. Afterwards, the dividends will level off and grow at 4% per year forever. If the investors require 6% return on similar investments, what is the price of stock

Answers

Answer:

P0 = $174.3396226 rounded off to $174.34

Explanation:

The two stage growth model of DDM will be used to calculate the price of the stock today. The DDM values a stock based on the present value of the expected future dividends from the stock. The formula for price today under this model is,

P0 = D0 * (1+g1) / (1+r)  +  D0 * (1+g1)^2 / (1+r)^2  +  ...  +  D0 * (1+g1)^n / (1+r)^n  +   [(D0 * (1+g1)^n  *  (1+g2) /  (r - g2))  /  (1+r)^n]

Where,

g1 is the initial growth rate g2 is the constant growth rate D0 is the dividend paid today or most recently r is the required rate of return

P0 = 3 * (1+0.1) / (1+0.06)  +  3 * (1+0.1)^2 / (1+0.06)^2  +

[(3 * (1+0.1)^2  *  (1+0.04)  / (0.06 - 0.04))  /  (1+0.06)^2]

P0 = $174.3396226 rounded off to $174.34

If one unit of Product Z2 used $1.70 of direct materials and $3.70 of direct labor, sold for $10.00, and was assigned overhead at the rate of 22% of direct labor costs, how much gross profit was realized from this sale

Answers

Answer:

$3.786

Explanation:

One product of Z2 was sold for $1.70

$3.70 of direct labour was used

It was sold for $10

The assigned overhead rate is 22%

Therefore the gross profit realized from the sale can be calculated as follows

= 10 - 1.70 - 3.70 - (3.70×22/100)

= 10-1.70-3.70-(3.70×0.22)

= 10-1.70-3.70-0.814

= $3.786

Hence the gross profit from this sale is $3.786

If annual depreciation is $600,000 and the marginal tax rate is 35 percent, then the annual tax shield due to depreciation is

Answers

Answer:

$210,000

Explanation:

Calculation for annual tax shield due to depreciation

Using this formula

Annual tax shield=Annual depreciation *Marginal tax rate

Let plug in the formula

Annual tax shield=$600,000*35%

Annual tax shield=$210,000

Therefore the annual tax shield due to depreciation is $210,000

Item2 Time Remaining 1 hour 12 minutes 49 seconds01:12:49 Item 2Item 2 Time Remaining 1 hour 12 minutes 49 seconds01:12:49 Revenue on account amounted to $5,000. Cash collections of accounts receivable amounted to $2,300. Expenses for the period were $2,100. The company paid dividends of $450. What was net income for the period

Answers

Answer:

$2,900

Explanation:

Net Income is the difference between sales and expenses incurred during the Reporting Period. This is calculated in the Income Statement.

Net Income = $5,000 - $2,100

                   = $2,900

What is the difference between measures of inflation which only use CPI and the core measures of inflation

Answers

Answer is given below

Explanation:

When using the basic measures of CPI and inflation compared to the difference between inflation measures, major inflation does not include the goods and services included in the CPI, which experiences constant price shocksThe inflation rate is accurate only for the person who buys all the goods and services in the basket.And the analyst measures the representative price of the goods at the total cost at two points and compares the cost difference.

Gross domestic product (GDP) is the value of goods and services produced in a country annually.

It can best be described as measuring an economy’s

total product.
total demand.
total input.
total output.

Need Help, ASAP!!!

Answers

Explanation:

Gross domestic product (GDP) is the value of goods and services produced in a country annually.

It can best be described as measuring an economy’s

total product.

total demand.

total input.

total output.

Need Help, ASAP!!!

help this stupid fool

Suppose you graduate with a debt of $42,000 that you or someone must repay. One option is to pay off the debt in constant amounts at the beginning of each month over the next 10 years at a nominal annual interest rate of 10%. What is the constant beginning-of-month payment

Answers

Answer:

$352.77

Explanation:

EMI = P*r* (1+r)^n / ((1+r)^n - 1)

E is EMI

P i= $42,000

r = 10/12/100 = 0.00833

n = 10*12 = 120

Constant beginning of month payment Equated Monthly Installment:

= $42,000*0.00833*(1+0.00833)^120/[(1+0.00833)^120-1]

= $42,000 *0.00833*(1.00833)^120 / (1.00833)^119

= $42,000 *0.00833*2.70596783436/2.68361333528

= 352.7743337996242

= $352.77

A 2009 Chevrolet model has more horsepower than the 2008 version and is included in the BLS basket of goods. BLS attempts to account for this change in the market basket by:______

a. Substituting in a different vehicle with the same horsepower as the 2008 model.
b. Dropping the good from the basket.
c. Adjusting the share of the market basket allocated to transportation.
d. Adjusting the price of the good to account for the quality change.

Answers

Answer:

The answer is "Option d".

Explanation:

It's Chevy Silverado 2009 transitions it into a new six-speed automatic motor, a larger V8 device, an economical XFE as well as an electric gasoline vehicle until it updated for 2007, its Silverado became enhanced with brand awards. Its 2008 versions provided extra features and refinement wherein the price of the goods was also adjusted to reflect the continual improvement.

Grouper Corporation began operations in 2020 and reported pretax financial income of $218,000 for the year. Groupers tax depreciation exceeds its book depreciation by $40,000. Groupers tax rate for 2020 and years thereafter is 30%. In its December 31, 2020, balance sheet, what amount of deferred tax liability should be reported

Answers

Answer:

$12,000

Explanation:

Calculation for the amount of deferred tax liability should be reported

Using this formula

Deferred tax liability =Groupers tax depreciation ×Groupers tax rate

Let plug in the formula

Deferred tax liability =$40,000×30%

Deferred tax liability=$12,000

Therefore the amount of deferred tax liability should be reported will be $12,000

Greg's Corner Bakery purchased a lot in Bozeman six years ago at a cost of $98,700. Today, that lot has a market value of $128,900. At the time of the purchase, the company spent $6,500 to level the lot and another $12,000 to install storm drains. The company now wants to build a new facility on the site at an estimated cost of $494,200 ($400,000 for the property and $94,200 for ovens, mixers, and other equipment). What amount should be used as the initial cash flow for the net fixed assets of this project

Answers

Answer:

Ye

Explanation:

There are ___ different Bright Futures scholarships

1
2
3
4

Answers

Answer:

3

Explanation:

there are three different bright future scholarships

Safety regulations require that the time between airplane takeoffs (on the same runway) will be at least 2 minutes. When taking off, the run time of an airplane on the runway is 42 seconds. Planes are on average waiting 3 minutes and 42 seconds for take-off. On average there are 15 planes taking off per hour.

Required:
How many planes are either on the runway or waiting to take off?

Answers

Answer:

1.03 airplanes

Explanation:

Calculation for How many planes are either on the runway or waiting to take off

First step is to calculate the flow time

Flow Time = (0.70 + 3.42)/60

Flow Time =4.12/60

Flow Time= 0.0687

Last step is to calculate How many planes are either on the runway or waiting to take off

Using this formula

Numbers of plane = Throughput Rate × Flow Time

Where,

Throughput Rate = 15 planes per hour

Let plug in the formula

Numbers of plane= 15 × 0.0687= 1.03 airplanes

Note that runway 42 seconds/60 minutes will gives us 0.70

Therefore How many planes are either on the runway or waiting to take off will be 1.03 airplanes

When customers have to pay the bill themselves, they are likely to be more price sensitive.
A. True
B. False

Answers

Answer:

A. True

Explanation:

Price sensitivity can be defined as a measure of the degree to which the selling price of a product affects the purchasing behavior of a customer.

This ultimately implies that, a price sensitive customer is impacted negatively by the price of a product and as such would be stuck between making the decision of whether to buy or not buy the product.

Hence, when customers have to pay the bill themselves, they are likely to be more price sensitive because they are solely responsible for the payment. Therefore, it's an innate nature of human to be less sensitive to the price of goods and services when it's another person paying for them or say when sharing the cost.

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