Solve this financial Accounting problem Brayden Co. has $945,000 insales. The profit margin is 5.6percent and the firm has 8,200shares of stock outstanding. Themarket price per share is $18.40.What is the price-earnings ratio?

Explanation of Sales:Sales refer to the total revenue a company generates from selling its goods or…

Answered: Brayden Co. has $945,000 in sales. The…

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.)
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General Accounting: Lian has $616,400 in sales. The profit margin is 8.75 percent and the firm has 14,000 shares of stock outstanding. The market price per share is $45.25. What is the price-earnings ratio? Answer?

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Brayden Co. has $945,000 in sales. The profit margin is 5.6 percent and the firm has 8,200 shares of stock outstanding. The market price per share is $18.40. What is the price-earnings ratio?