I don't need ai answer general accounting question Carol's has $950,000 in sales. The profit margin is 4.2 percent and the firmhas 8,000 shares of stock outstanding. The market price per share is $18.What is the price-earnings ratio?a) 3.85b) 4.05c) 4.52d) 3.62e) 4.28

Explanation: The formula to calculate PE ratio is as follows:PE ratio = Market price per…

Answered: Carol's has $950,000 in sales. The…

EBK CONTEMPORARY FINANCIAL MANAGEMENT

14th Edition

ISBN:9781337514835

Author:MOYER

Publisher:MOYER

Chapter3: Evaluation Of Financial Performance

Section: Chapter Questions

Problem 13P

See similar textbooks

Similar questions

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.)
What is the price earning ratio?
What is the price earnings ratio? for this accounting question
What is the price earning ratio? General accounting
What is the price earning ratio?
What is the price earnings ratio on these financial accounting question?
What is the price earnings ratio on these general accounting question?
Jupiter Explorers has $7,600 in sales. The profit margin is 3 percent. There are 5,100 shares of stock outstanding. The market price per share is $1.30. What is the price- earnings ratio? 29.08 5.81 7.63 24.51 14.54
Dellf’s has a profit margin of 3.8 percent on sales of $287,200. The firm currently has 5,000 shares of stock outstanding at a market price of $7.11 per share. What is the price-earnings ratio? Can you provide the formula?
A firm has $5,800 in Sales. The profit margin is 4 percent. There are 5,000 shares outstanding with a price of $1.70 per share. What is the firm’s price-earnings (P/E) ratio?
What is the price earning ratio? General accounting

SEE MORE QUESTIONS

Recommended textbooks for you

EBK CONTEMPORARY FINANCIAL MANAGEMENT

Finance

ISBN:

9781337514835

Author:

MOYER

Publisher:

CENGAGE LEARNING - CONSIGNMENT

Managerial Accounting: The Cornerstone of Busines…

Accounting

ISBN:

9781337115773

Author:

Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger

Publisher:

Cengage Learning

Cornerstones of Financial Accounting

Accounting

ISBN:

9781337690881

Author:

Jay Rich, Jeff Jones

Publisher:

Cengage Learning

EBK CONTEMPORARY FINANCIAL MANAGEMENT

Finance

ISBN:

9781337514835

Author:

MOYER

Publisher:

CENGAGE LEARNING - CONSIGNMENT

Managerial Accounting: The Cornerstone of Busines…

Accounting

ISBN:

9781337115773

Author:

Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger

Publisher:

Cengage Learning

Cornerstones of Financial Accounting

Accounting

ISBN:

9781337690881

Author:

Jay Rich, Jeff Jones

Publisher:

Cengage Learning

SEE MORE TEXTBOOKS

Carol's has $950,000 in sales. The profit margin is 4.2 percent and the firm has 8,000 shares of stock outstanding. The market price per share is $18. What is the price-earnings ratio? a) 3.85 b) 4.05 c) 4.52 d) 3.62 e) 4.28