Gnomes R Us just paid a dividend of $3.22 per share. The company has a dividend payout ratio of 64 percent. If the PE ratio is 18.2 times, what is the stock price?
Q: What is the gross profit margin on this television?
A: 1. Understand the problem:Cost price (what the retailer pays for the TV): $1,200Selling price (what…
Q: At the beginning of the year
A: Concept of Manufacturing OverheadManufacturing Overhead includes all indirect costs associated with…
Q: What is the net profit margin of this general accounting question?
A: Step 1:The sales divided by total assets is known as the asset turnover ratio. The net profit margin…
Q: None
A: Step 1: Define Debt-Equity RatioThe debt-equity ratio is a financial metric that measures a…
Q: answer is
A: The question involves market value ratios. Market value ratios are those financial metrics which…
Q: Financial accounting
A: Step 1: Define Dividend YieldInvestors use the dividend yield to assess an investment's income…
Q: At the beginning of the year
A: Concept of Predetermined Overhead Rate (POHR)The Predetermined Overhead Rate (POHR) is a budgeted…
Q: Don't use ai given answer accounting questions
A: Step 1: Definition of Variance AnalysisVariance analysis is the process of comparing budgeted costs…
Q: General Account
A: Concept of Sales RevenueSales revenue refers to the total amount of money generated from selling…
Q: Financial Accounting
A: Step 1: Define Return on Assets (ROA)Return on Assets (ROA) is a financial ratio that measures a…
Q: ABC is an all-equity firm that has 44,200 shares of stock outstanding at a market price of $14.70…
A: Step 1: Calculate the Total Market Value of the FirmThe total market value of the firm (equity)…
Q: General Accounting
A: Step 1: Define Dividend IncomeThe total income on a stock investment can be categorized into…
Q: The profit Will
A: Concept of Variable CostsVariable costs are expenses that change directly with the level of…
Q: Need answer the financial accounting question please solve
A: Step 1: Define Units-of-Production (UOP) DepreciationThe Units-of-Production (UOP) Depreciation…
Q: General accounting question
A: How to determine which shares to sell and calculate the gain:Identify the Highest Cost Basis Shares:…
Q: Hii ticher please given answer general Accounting
A: Step 1: Define Key RatiosReturn on Assets (ROA): Measures a company's efficiency in using its assets…
Q: Calculate the predetermined overhead allocation rate
A: Explanation of Predetermined Overhead Rate:The predetermined overhead rate is an estimated rate used…
Q: net income for the yer
A: Step 1:First, calculate the change in net assets, i.e., stockholders' equity: Change in net assets…
Q: ABC is an all-equity firm that has 44,200 shares of stock outstanding at a market price of $14.70…
A: Market Value of Equity=Shares Outstanding ×Market Price per ShareMarket Value of EquityMarket Value…
Q: Compute the gain recognized
A: Explanation of Gain on Sale of Equipment:The gain on sale of equipment occurs when an asset is sold…
Q: Calculate the opereting cash flow? Accounting
A: Step 1: Definition of Operating Cash Flow (OCF)Operating cash flow (OCF) represents the cash…
Q: What is the overhead rate per service request of this general accounting question?
A: Step 1: Information givenTotal Overhead Costs = $22,750Estimated Service Requests = 4,550Step 2:…
Q: Answer?
A: Here's how to calculate the profit margin and find the correct answer:Calculate Net Sales:Net Sales…
Q: Can you help me with accounting questions
A: Step 1: Definition of Retail Inventory MethodThe retail inventory method is used to estimate the…
Q: Please solve question
A: Step 1: Define Recognized GainRecognized profit can be defined as paper profit. In other words, it…
Q: Need help with this question solution general accounting
A: Step 1: Definition of Manufacturing Overhead CostManufacturing overhead costs include all indirect…
Q: On January 1, 2017, Chintan Corp., a 75% owned subsidiary of Victor Inc., transferred equipment with…
A: Explanation of Intra-Entity Transfer: Intra-entity transfers are transactions that occur between…
Q: Calculate each year's profit percentage? Accounting
A: Step 1: Definition of Gross Profit PercentageGross profit percentage, also known as gross margin…
Q: financial accounting answ
A: Step 1: Definition of Return on Equity (ROE)Return on Equity (ROE) measures a company's…
Q: Do fast answer of this accounting questions
A: Step 1: Definition of Ending InventoryEnding inventory refers to the value of goods that remain…
Q: Financial information is presented below: Operating expenses $28,000 Sales returns and allowances…
A: Step 1:First, calculate the net sales revenue: Net sales revenue = Sales revenue - Sales return and…
Q: General Accounting 24
A: Concept of Return on Equity (ROE)Return on Equity (ROE) is a financial ratio that measures a…
Q: Get correct answer this general accounting question
A: Step 1: Definition of Investing ActivitiesInvesting activities include the acquisition and disposal…
Q: General Accounting
A: Step 1: To get the annual depreciation expense we determine the cost of the equipment, salvage…
Q: What is it's accounts receivable turnover of this financial accounting question?
A: Accounts receivable turnover is a financial ratio that measures how many times a company collects…
Q: Aakash Tech Ltd. has projected revenues of $12 billion, a gross profit margin of 60%, and projected…
A: To calculate the operating (EBIT) margin, we follow these steps:Step 1: Calculate Gross ProfitGross…
Q: Provide correct answer general accounting question
A: Step 1: Definition of Return on Assets (ROA)Return on Assets (ROA) measures a company's…
Q: What will net income be?
A: Detailed explanation:Given:Sales price per unit, $ 20Variable cost per unit $ 14Breakeven point in…
Q: Taxable income? Provide answer please
A: Interest on Loan = Loan Amount x Interest rate = $100,000 x 10% = $10,000 Calculation of Taxable…
Q: What is the firm's debt equity ratio of this financial accounting question?
A: Step 1: Define Debt-Equity Ratio The Debt-Equity Ratio measures a company's financial leverage by…
Q: Kindly help me with accounting questions
A: Step 1: Definition of Recognized GainRecognized gain refers to the taxable portion of proceeds…
Q: Abc
A: Step 1: Define TaxThere are two methods that taxpayers can follow to pay taxes, Cash basis or…
Q: help me to solve this questions
A: Step 1: Definition of Cost of Goods Sold (COGS)Cost of Goods Sold (COGS) represents the direct costs…
Q: what are total assets at the end of period?
A: Step 1: Definition of Total AssetsTotal assets represent all the resources owned by a company that…
Q: provide correct answer general accounting
A: O'Reilly Beverage CompanyStatement of Comprehensive Income For the Year Ended…
Q: One year ago, you purchased 500 shares of Summit Tech Corp. stock at a price of $10.50 per share.…
A: The question requires the determination of the total percentage return of a stock. A "total…
Q: Solve this financial accounting
A: Step 1: Calculation of Total Capital GainCapital Gain per Share = Ending Price - Purchase…
Q: General Accounting 5.2
A: Coefficient of variation formulaCoefficient of variation = s/x̄wheres = standard deviation x̄ = mean…
Q: provide correct answer me
A: Step 1: Definition of Net Realizable Value (NRV) of Accounts ReceivableNet realizable value (NRV) of…
Q: What is the variable costing unit product cost
A: Variable costing unit product cost = Direct materials + Direct labor + Variable manufacturing…
?!
![Gnomes R Us just paid a dividend of
$3.22 per share. The company has a
dividend payout ratio of 64 percent.
If the PE ratio is 18.2 times, what is
the stock price?](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F07e0a4f1-4e88-4a72-b1b0-c83566c6a4f4%2Fca27fe32-f7e8-42cc-93bc-55ba975935d5%2F6ft0nj_processed.jpeg&w=3840&q=75)
![](/static/compass_v2/shared-icons/check-mark.png)
Step by step
Solved in 2 steps
![Blurred answer](/static/compass_v2/solution-images/blurred-answer.jpg)
- Ratio Analysis MJO Inc. has the following stockholders equity section of the balance sheet: On the balance sheet date, MJOs stock was selling for S25 per share. Required: Assuming MJOs dividend yield is 1%, what are the dividends per common share? Assuming MJOs dividend yield is 1% and its dividend payout is 20%, what is MJOs net income?Answer this financial accounting questionGeneral Accounting
- What is the stock price on these financial accounting question?Hornberger, Inc. recently paid a dividend of $2.00 per share. The next dividend is expected to be $2.05 per share. Hornberger has a return on equity of 11.20%. What percentage of its earnings does Hornberger plow back into the firm? (Round your answer to 2 decimal places.) Plowback ratio %ABD common stock is selling for $36.08 a share. The company has earnings per share of S.34 and a book value per share of S12.19. What is the market-to-bok ratio?
- PQR Co. has earnings of $2.65 per share. The benchmark PE for company is 22. What stock price (to two decimals) would you consider appropriate?The Evanec Company's next expected dividend, D1, is $3.08; its growth rate is 4%; and its common stock now sells for $39.00. New stock (external equity) can be sold to net $31.20 per share. a. What is Evanec's cost of retained earnings, rs? Do not round intermediate calculations. Round your answer to two decimal places. rs b. What is Evanec's percentage flotation cost, F? Round your answer to two decimal places. F = % c. What is Evanec's cost of new common stock, re? Do not round intermediate calculations. Round your answer to two decimal places. re = %If the common stock of Comdisco pays an annual dividend of $0.28, has a PE ratio of 11, and closed at 25, what are the current earnings per share? a. $7.00 b. $2.27 c. $3.08 d. $1.12
- Given correct answer general Accounting questionDipstick Auto Repairs is selling shares for $42.00 per share and pays a dividend. The projected growth rate for the company is 2.50%. Assuming the stocks required rate of return is 5.0%. What was the last dividend, Do? (Round to two decimals) $1.06 $1.02 $2.08 O $1.75 O $0.85The Evanec Company's next expected dividend, D1, is $2.83; its growth rate is 6%; and its common stock now sells for $33.00. New stock (external equity) can be sold to net $28.05 per share. What is Evanec's cost of retained earnings, rs? Do not round intermediate calculations. Round your answer to two decimal places. rs = % What is Evanec's percentage flotation cost, F? Round your answer to two decimal places. F = % What is Evanec's cost of new common stock, re? Do not round intermediate calculations. Round your answer to two decimal places.
![Cornerstones of Financial Accounting](https://www.bartleby.com/isbn_cover_images/9781337690881/9781337690881_smallCoverImage.gif)
![Cornerstones of Financial Accounting](https://www.bartleby.com/isbn_cover_images/9781337690881/9781337690881_smallCoverImage.gif)