A company has a 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. f. 4.80.

A company has a 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. f. 4.80.

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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A company has an EPS of $1.65, a book value per share of $16.17, and a market/book ratio of 1.4x. What is its P/E ratio? Do not round intermediate calculations. Round your answer to two decimal places. X
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16. O'Brien Inc. has the following data: TRF = 5.00%; RPM = 6.00%; and b = 1.10. What is the firm's cost of equity from retained earnings based on the CAPM? a. 11.83% b. 13.22% C. 11.25% d. 8.93% e. 11.60% istiqa