A stock sells at $15 per share. (a) What is the EPS for the company if it has a P/E ratio of 20? (b) If the company's dividend yield is 5 percent, what is its dividend per share? (c) What is the book value of the company if the price-to-book ratio is 1.5 and it has 100,000 shares of stock outstanding?

Personal Finance
13th Edition
ISBN:9781337669214
Author:GARMAN
Publisher:GARMAN
Chapter14: Investing In Stocks And Bonds
Section: Chapter Questions
Problem 1DTM
icon
Related questions
Question
100%

Hello tutor please provide correct answer general accounting question

A stock sells at $15 per share.
(a) What is the EPS for the company if it has a P/E ratio of 20?
(b) If the company's dividend yield is 5 percent, what is its dividend per share?
(c) What is the book value of the company if the price-to-book ratio is 1.5 and it has
100,000 shares of stock outstanding?
Transcribed Image Text:A stock sells at $15 per share. (a) What is the EPS for the company if it has a P/E ratio of 20? (b) If the company's dividend yield is 5 percent, what is its dividend per share? (c) What is the book value of the company if the price-to-book ratio is 1.5 and it has 100,000 shares of stock outstanding?
Expert Solution
steps

Step by step

Solved in 2 steps

Blurred answer
Similar questions
  • SEE MORE QUESTIONS
Recommended textbooks for you
Personal Finance
Personal Finance
Finance
ISBN:
9781337669214
Author:
GARMAN
Publisher:
Cengage
EBK CONTEMPORARY FINANCIAL MANAGEMENT
EBK CONTEMPORARY FINANCIAL MANAGEMENT
Finance
ISBN:
9781337514835
Author:
MOYER
Publisher:
CENGAGE LEARNING - CONSIGNMENT