What is the price sales ratio for this financial accounting question? Green Valley Electronics has:•-Sales $1,200,000Cost of Goods Sold = $800,000•Profit Margin = 6%-•Common Stock = $500,000 (par value of $10pershareRetained Earnings = $750,000Market Price per Share = $50What is the price-sales ratio for Green Valley Electronics?

Step 1: Define Price-Sales RatioThe price-sales (P/S) ratio is a financial metric that compares a…

Answered: Green Valley Electronics has: • - Sales…

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

A company in the same industry as Company XYZ has a price-to-earnings (P/E) ratio of 15. If Company XYZ's earnings per share (EPS) is $3, what is the estimated value of Company XYZ's stock based on the P/E multiple? a b C d $20 $30 $45 $50
??
Need help this issue
What is the price earning ratio? General accounting
What is the price earning ratio?
Suppose that in July 2013, Nike Inc. had EPS of $2.29 and a book value of equity of $11.91 per share. Price Enterprise Value Enterprise Value E Вook Sales EBITDA Average 29.84 2.44 1.12 9.76 Maximum + 136% + 70% + 55% + 86% Minimum - 62% - 63% - 48% - 34% a. Using the average P/E multiple from the table above, estimate Nike's share price. b. What range of share prices do you estimate based on the highest and lowest P/E multiples in the table above? c. Using the average price to book value multiple in the table above, estimate Nike's share price. d. What range of share prices do you estimate based on the highest and lowest price-to-book value multiples in the table above? a. Using the average P/E multiple from the table above, estimate Nike's share price. Nike's share price for this case will be $ (Round to the nearest cent.) b. What range of share prices do you estimate based on the highest and lowest P/E multiples in the table above? Range of prices: The highest price will be $ (Round…
what is the price-to-earnings (p/E) ratio? answer plz
Please help me this question general accounting
What is the firm's price earings ratio
Compute for the price-earnings ratio if the earnings per share are Php 5.50: Market Value per share P.E Ratio 1 27.500 2 30.250 3 22.000 4 17.875 5 28.875
The Diamond Corporation has the following ratios: A0*/S0 = 1.6; L0*/S0 = 0.4; Profit Margin = 0.10; and Dividend Payout Ratio = 0.45, or 45%. Sales last year were $100 million, suppose Diamond’s financial consultants report (1) that the Inventory Turnover Ratio (sales/inventory) is 3, compared with an Industry Average of 4, and (2) that Diamond could reduce inventories and thus raise its Turnover Ratio to 4 without affecting its Sales, Profit Margin, or other Asset Turnover Ratios. A. Under these conditions, use the AFN equation to determine the amount of additional funds Diamond would require during the 1st year if sales grow at a rate of 20% per year. B. Under these conditions, use the AFN equation to determine the amount of additional funds Diamond would require during the 2nd year if sales grow at a rate of 20% per year.
What is the book value per share and earning per share ?

SEE MORE QUESTIONS

Recommended textbooks for you

EBK CONTEMPORARY FINANCIAL MANAGEMENT

Finance

ISBN:

9781337514835

Author:

MOYER

Publisher:

CENGAGE LEARNING - CONSIGNMENT

Intermediate Financial Management (MindTap Course…

Finance

ISBN:

9781337395083

Author:

Eugene F. Brigham, Phillip R. Daves

Publisher:

Cengage Learning

College Accounting, Chapters 1-27

Accounting

ISBN:

9781337794756

Author:

HEINTZ, James A.

Publisher:

Cengage Learning,

EBK CONTEMPORARY FINANCIAL MANAGEMENT

Finance

ISBN:

9781337514835

Author:

MOYER

Publisher:

CENGAGE LEARNING - CONSIGNMENT

Intermediate Financial Management (MindTap Course…

Finance

ISBN:

9781337395083

Author:

Eugene F. Brigham, Phillip R. Daves

Publisher:

Cengage Learning

College Accounting, Chapters 1-27

Accounting

ISBN:

9781337794756

Author:

HEINTZ, James A.

Publisher:

Cengage Learning,

SEE MORE TEXTBOOKS

Green Valley Electronics has: • - Sales $1,200,000 Cost of Goods Sold = $800,000 • Profit Margin = 6% - • Common Stock = $500,000 (par value of $10 per share Retained Earnings = $750,000 Market Price per Share = $50 What is the price-sales ratio for Green Valley Electronics?