Do fast answer of this accounting questions A company has net income of $1,200,000. It has 200,000 weighted-averagecommon shares outstanding and a market value per share of $84. Thecompany's price earnings ratio equals:a. 15.6b. 14.0c. 6.0d. 18.2

Step 1: Definition of Price-to-Earnings (P/E) RatioThe Price-to-Earnings (P/E) Ratio measures the…

Answered: A company has net income of $1,200,000.…

College Accounting, Chapters 1-27

23rd Edition

ISBN:9781337794756

Author:HEINTZ, James A.

Publisher:HEINTZ, James A.

Chapter24: Analysis Of Financial Statements

Section: Chapter Questions

Problem 6CE

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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.)
Ratio Analysis MJO Inc. has the following stockholders equity section of the balance sheet: On the balance sheet date, MJOs stock was selling for S25 per share. Required: Assuming MJOs dividend yield is 1%, what are the dividends per common share? Assuming MJOs dividend yield is 1% and its dividend payout is 20%, what is MJOs net income?
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.)
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The company's price earnings ratio equal
Sanedrin Company has an earnings per share (EPS) of $4.50, a value per share of $45 and a market value of $38. Calculate the price/earnings ratio (P/E).
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What is the company's price earnings ratio on these general accounting question?
Renew Company has an earnings per share (EPS) of $3.50, a value per share of $35, and a market value of $36. Calculate the price/earnings (P/E) ratio.
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A company has net income of $1,200,000. It has 200,000 weighted-average common shares outstanding and a market value per share of $84. The company's price earnings ratio equals: a. 15.6 b. 14.0 c. 6.0 d. 18.2