subject : general accounting question A company had a stock price of $72 per share, earnings per share of$1.80, and dividends per share of $0.45. What is the company'sprice/earnings ratio?A. 8.0B. 25.0C. 40.0D. 160.0

Step 1: Define Price/Earnings (P/E) RatioThe Price/Earnings (P/E) ratio is a financial metric used…

Answered: A company had a stock price of $72 per…

Cornerstones of Financial Accounting

4th Edition

ISBN:9781337690881

Author:Jay Rich, Jeff Jones

Publisher:Jay Rich, Jeff Jones

Chapter10: Stockholder's Equity

Section: Chapter Questions

Problem 79E: Ratio Analysis MJO Inc. has the following stockholders equity section of the balance sheet: On the...

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Rebert Inc. showed the following balances for last year: Reberts net income for last year was 3,182,000. Refer to the information for Rebert Inc. above. Also, assume that the market price per share for Rebert is 51.50. Required: 1. Compute the dollar amount of preferred dividends. 2. Compute the number of common shares. 3. Compute earnings per share. (Note: Round to two decimals.) 4. Compute the price-earnings ratio. (Note: Round to the nearest whole number.)
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Rebert Inc. showed the following balances for last year: Reberts net income for last year was 3,182,000. Refer to the information for Rebert Inc. above. Also, assume that the dividends paid to common stockholders for last year were 2,600,000 and that the market price per share of common stock is 51.50. Required: 1. Compute the dividends per share. 2. Compute the dividend yield. (Note: Round to two decimal places.) 3. Compute the dividend payout ratio. (Note: Round to two decimal places.)
Stockholder Profitability Ratios The following information pertains to Montague Corporation Required: Calculate the return on common equity and the earnings per share. (Note: Round answers to two decimal places.)
What is the company's price/earnings ratio?
What is the company's price earnings ratio?
One company had a stock price
general account
need this general account subjects solutions
Price earnings ratio? General

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A company had a stock price of $72 per share, earnings per share of $1.80, and dividends per share of $0.45. What is the company's price/earnings ratio? A. 8.0 B. 25.0 C. 40.0 D. 160.0