A stock is currently trading at $45 per share. (a) If the company has a P/E ratio of 15, what is its Earnings Per Share (EPS)? (b) If the company's dividend yield is 4 percent, what is its dividend per share? (c) What is the book value of the company if the price-to-book ratio is 2.0 and it has 250,000 shares of stock outstanding?

Personal Finance
13th Edition
ISBN:9781337669214
Author:GARMAN
Publisher:GARMAN
Chapter14: Investing In Stocks And Bonds
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What is the shares of stock outstanding? ? General Accounting question

A stock is currently trading at $45 per share. (a) If the company has a
P/E ratio of 15, what is its Earnings Per Share (EPS)? (b) If the company's
dividend yield is 4 percent, what is its dividend per share? (c) What is
the book value of the company if the price-to-book ratio is 2.0 and it
has 250,000 shares of stock outstanding?
Transcribed Image Text:A stock is currently trading at $45 per share. (a) If the company has a P/E ratio of 15, what is its Earnings Per Share (EPS)? (b) If the company's dividend yield is 4 percent, what is its dividend per share? (c) What is the book value of the company if the price-to-book ratio is 2.0 and it has 250,000 shares of stock outstanding?
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