Hungry Lunch has net income of $68,710, a price-earnings ratio of 13.7, and earnings per share of $.24. How many shares of stock are outstanding?

Q: TargetCo has earnings per share of $5.50, 4 million shares, and a price per share of $55. If…

A: Expected Market price = PE multiple * Earnings per share = 15 * 5.5 = 82.5

Q: led to a ser re forced +

A: 1) Reorganization is the process where a business which is in trouble to meet its financial…

Q: CCF Incorporated stock is selling for $15.32 per share woth an EPS of 0.58 cents per share. what is…

A: PE ratio means the price earnings ratio. It is the ratio which is determined to know the worth of…

Q: The stock of company XYZ is currently price at $80 per share. Its earnings this year (T=0) are $4.00…

A: Current price = $80Earnings = $4Dividend payout ratio = 40%ROE = 15%Required return =  13%

Q: (Market value analysis) The balance sheet for Larry Underwood Motors shows a book value of…

A: Given, Book value of stockholders' equity=$1,342,000 Net income=$580,000 Common stock outstanding…

Q: Gary corporation has a price to book ratio of 1.2  and have 100,000 shares outstanding. Consider the…

A: a.Calculate the book value per share as follows:

Q: The market capitalization of Big Bang Corp. is $364,000 at the company's most recent trade of $4.00…

A: Market capitalization is multiple of market price and number of stock outstanding. Therefore formula…

Q: The book value of a company is $15 per share and the total commonstockholders’ equity is $45…

A: Common stock is the share of a company that gives ownership to a portion of the company. Companies…

Q: Ultra Petroleum (UPL) has earnings per share of $1.65 and a P/E ratio of 33.12. What’s the stock…

A: P/E ratio is the times of share value to the earning of the share.   P/E Ratio = Price Per Share /…

Q: White’s Dagobah Swamp Care, LLC, reports the following.  Use the information to answer questions 32…

A: Rate earned on stockholders’ equity = Net income / Average stockholders' equity

Q: a. What will be the number of shares that you hold after the stock dividend is paid? (Do not round…

A: The division of a company's current shares into multiple shares is referred to as a stock split. The…

Q: Company XYZ declared a dividend of Php 19,773,000 for its common stock. Suppose there are 42,504…

A: The Dividend is the profit that is paid out to the shareholders by the firms out of the current…

Q: ABC company has a price-earnings ratio of 8.0 and has 3,000 preferred stock with a dividend of $3…

A: Earnings per share refer to the amount earned on each share. Higher EPS is preferable by investors.…

Q: Jupiter Explorers has $10,000 in sales. The profit margin is 3 percent. There are 5,500 shares of…

A: The price-to-earnings ratio, which relates the current stock price to the per-share earnings is a…

Q: Cleveland Corporation has 100,000 shares of common stock outstanding. The company's net income is…

A: Earnings for common stockholders = $950,000÷ Number of outstanding shares = 100,000Earnings per…

Q: Net income $318,000 Preferred dividends $18,000 Shares of common stock outstanding 40,000 Market…

A: Given, Net income = $318,000 Preferred dividends = $18,000 Market Price per share = $64.5 Number of…

Q: The company has a price - earnings ratio of 15 times and earnings per share were $3. What is the…

A: From the above formula we can calculate market value of share

Q: National City Bank has 686,900,000 shares of common stock outstanding that are currently selling for…

A: The question is based on the concept of Financial Management.

Q: Jupiter Explorers has $8,200 in sales. The profit margin is 5 percent. There are 5,200 shares of…

A: PE Ratio is also known as Price Earning ratio. It shown the relationship between the price of the…

Q: Jersey Medical earns $9.00 a share, sells for $120, and pays a $6 per share dividend. The stock is…

A: The question is based on the concept of Security valuation

Q: Bosio Inc.'s perpetual preferred stock sells for $71.65 per share, and it pays an $6.03 annual…

A: Given information: Price of preferred stock is $71.65 Annual dividend is $6.03

Q: Blitz Corp. had total sales of $2,930,000 last year and has 104,000 shares of stock outstanding. The…

A: The Price-to-Sales ratio (PS) is calculated by dividing the market capitalization (stock price…

Q: Ultra Petroleum (UPL) has earnings per share of $1.57 and a P/E ratio of 32.96. What's the stock…

A: P/E ratio = Market price of stock / Earnings per share   Market price of stock = P/E ratio *…

Q: Thom Inc.’s common stock has a par value of $1 and a current market price of $15. Explain why these…

A: The par value is the value assigned by the entity to the financial instrument. The shares and bonds…

Q: The company’s preferred stock pays an annual dividend of 4.5 percent and is currently selling for…

A: Characteristics of a preferred stock are known. The cost of the preferred stock is to be determined.…

Q: Suppose that you own 3,400 shares of Nocash Corp. and the company is about to pay a 25% stock…

A: Stock Dividends: A stock dividend is a dividend paid by a corporation to its shareholders. In this…

Q: Net income $318,000 Preferred dividends $18,000 Shares of common stock outstanding 40,000 Market…

A: Formula: EPS on common stock = ( Net income - preferred dividends ) / Outstanding common shares

Q: A company reports the following: Net income $611,000 Preferred dividends $35,000 Shares of common…

A: Earning per share means amount of earning with which the company is left per share , after paying…

Q: Corporation X, with a current market value of P62, gave a dividend of P9 per share for its common…

A: The stock yield ratio determines how much cash flow an investor is earning for each rupee invested…

Q: any has 3,000 preferred stocks with a dividend of $3 per share, and the price of common stock is…

A: Given information : Price of the common stock = $32 Ratio = 8

Q: What would be the weight used for equity in the computation of OMG's WACC? (Round your answer to 2…

A: Given, No.of shares outstanding  Common Stock = 7 million Preferred stock = 5 million Bonds = 4000…

Q: The net income is $800,000, the stock market price is $20, the shares outstanding is 200,000,…

A: Given: Net income = $800,000 Market price = $20 Shares outstanding = 200,000

Q: Jupiter Explorers has $7,600 in sales. The profit margin is 3 percent. There are 5,100 shares of…

A: Net Profit :— It is the difference between total revenue and total expenses.    Profit Margin :— It…

Q: Holdup Bank has an issue of preferred stock with a $1.93 stated dividend that just sold for $27.73…

A: The stated preferred dividend is $1.93 The current Selling price is $27.73 per share To Find: Cost…

Q: The Miller Company's common stock is trading for $24. They reported Earnings Per Share of $2.00.…

A: In the given problem we are required to calculate the Price Earnings (PE) multiple of Miller Company…

Q: Byrd Lumber has 2 million shares of stock outstanding. On the balance sheet the company has $34…

A: Number of share outstanding = n = 2 millionBook value of equity = bv = $34 millionMarket Price per…

Q: Suppose that you have the following information: Net income = $1000 Number of shares = 100 shares…

A: Net income = $1000 Number of shares = 100 shares Share price = $20

Q: ABC's Net Income this year was $20,650,000 and there were 19.5 million shares outstanding. If the…

A: Given, Net Income = $20650000 Shares Outstanding = 19500000

Q: OMG Inc. has 4 million shares of common stock outstanding, 3 million shares of preferred stock…

A: A fixed dividend rate is frequently attached to preference shares, which indicates that the dividend…

Q: A company’s preferred stock currently sells for $95.47 per share and it pays a $4.00 annual…

A: Current selling price =$95.47 per shareAnnual Dividend =$4.00Required:Cost of Preferred Stock =?

Q: OMG Inc. has 4 million shares of common stock outstanding, 3 million shares of preferred stock…

A: In the given case, we have provided the number of common stock outstanding, preferred stock…

Q: Ultra Petroleum (UPL) has earnings per share of $1.63 and a P/E ratio of 33.08. What’s the stock…

A: Earning per share = $1.63 P/E Ratio = 33.08

Q: A company’s preferred stock pays an annual dividend of 4.5 percent and is currently selling for $60,…

A: The price a firm must pay for the revenue it will receive from issuing and selling preferred stock…

Q: Jersey Medical earns $9.00 a share, sells for $100, and pays a $7 per share dividend. The stock is…

A: (A)- A stock is split two for one which implies that stock holder will get 2 shares for every 1…

Q: A company reports the following: Net income Preferred dividends Shares of common stock outstanding…

A: Formula used: Earnings per share = ( Net income - Preferred dividends ) / Shares of common stock…

Financial Ratios

A Ratio refers to a figure calculated as a reference to the relationship of two or more numbers and can be expressed as a fraction, proportion, percentage, or the number of times. When the number is determined by taking two accounting numbers derived from the financial statements, it is termed as the accounting ratio.

Return on Equity

The Return on Equity (RoE) is a measure of the profitability of a business concerning the funds by its stockholders/shareholders. ROE is a metric used generally to determine how well the company utilizes its funds provided by the equity shareholders.