I need correct answer general accounting question Montague Industries has reported a net income of $3,450,000 for theyear. The company's current share price is $42.50, and the companyhas 750,000 shares outstanding. Compute the firm's price-earningsratio.

Step 1: Define Price-Earnings (P/E) RatioThe Price-Earnings (P/E) Ratio measures how much investors…

Answered: Montague Industries has reported a net…

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.)
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 firm's price earnings ratio?
What is the price earnings ratio of this financial accounting question?
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Reagan Corp. has reported a net income of $847,700 for the year. The company's share price is $13.19 and has 319,740 outstanding shares. Compute the firm's price-earnings ratio.
Compute the firm's price earnings ratio on these financial accounting question?
General Accounting
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Ames, Inc., has a current stock price of $58. For the past year, the company had a net income of $8,400,000, total equity of $25,300,000, sales of $52,800,000, and 4.6 million shares of stock outstanding. a. What are earnings per share (EPS)? b. What is the Price-earnings ratio? c. What is the Price sales ratio? d. What is Book value per share?

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Montague Industries has reported a net income of $3,450,000 for the year. The company's current share price is $42.50, and the company has 750,000 shares outstanding. Compute the firm's price-earnings ratio.