Please provide correct answer of this general accounting question please solve A company has a market value per share of $90.00. Its netincome is $2,400,000 and the weighted-average numberof shares outstanding is 400,000. The company's price-earnings ratio equals

The price-earnings (P/E) ratio is a financial metric that measures the valuation of a company's…

Answered: A company has a market value per share…

EBK CONTEMPORARY FINANCIAL MANAGEMENT

14th Edition

ISBN:9781337514835

Author:MOYER

Publisher:MOYER

Chapter3: Evaluation Of Financial Performance

Section: Chapter Questions

Problem 2P

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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.)
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.)
The company's price earnings ratio is equal to?
The company's price earnings ratio equal
A company had a market price of $27.50 per share, earnings per share of $1.25, and dividends per share of $0.40. Its price-earnings ratio equals: 22.0. 93.8. 32.0. 3.3. 3.1.
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Apex Industries has net income of $1,500,000. It has 200,000 weighted-average common shares outstanding and a market value per share of $75. The company's price-earnings ratio equals:
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A company has earnings per share of $9.80. Its dividend per share is $.60, its market price per share is $124.46, and its book value per share is $100. Its price-earnings ratio equals: Multiple Choice 10.20. 9.80. 8.70. 16.33. 12.70.

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A company has a market value per share of $90.00. Its net income is $2,400,000 and the weighted-average number of shares outstanding is 400,000. The company's price- earnings ratio equals