General Finance A COMPANY HAS NET INCOME OF $850,000. IT HAS 125,000 WEIGHTED-AVERAGE COMMON SHARES OUTSTANDING AND A MARKET VALUE PERSHARE OF $115.THE COMPANY'S PRICE EARNINGS RATIO EQUALS: ?

Explanation of Net Income :Net income is a company's total earnings or profit. It's calculated by…

Answered: A COMPANY HAS NET INCOME OF $850,000.…

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
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A COMPANY HAS NET INCOME OF $850,000. IT HAS 125,000 WEIGHTED- AVERAGE COMMON SHARES OUTSTANDING AND A MARKET VALUE PER SHARE OF $115. THE COMPANY'S PRICE EARNINGS RATIO EQUALS: ?