Redfield Athletics reported earnings per share of $10.00 last year when its stock price was $200.00. This year, its earnings increased by 15 percent. If the P/E ratio remains constant, what is likely to be the price of the stock?
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- Last year, Rec Room Sports reported earnings per share of $7.80 when its stock price was $140.40. This year. its earnings increased by 25 percent. If the P/E ratio remains constant, what is likely to be the price of the Stock? (Round your answer to 2 declmal places.) Pice bf thssoceLast year, Big W Company reported earnings per share of $2.50 when its stock was selling for$50.00. If its earnings this year increase by 10 percent and the P/E ratio remains constant, whatwill be the price of its stock? Explain.Last year, Rec Room Sports reported earnings per share of $8.50 when its stock price was $212.50.This year, its earnings increased by 20 percent. If the P/E ratio remains constant, what is likely tobe the price of the stock? Explain
- Last year, Big W Company reported earnings per share of $3.50 when its stock was selling for $87.50. If its earnings this year increase by 10 percent and the P/E ratio remains constant, what will be the price of its stock? (Do not round intermediate calculations. Round your final answer to 2 decimal places.) Stock PricePlease provide this question solution accountingWhat is the stock's current price ?
- Gee-Gee common stock returned a nifty 21.77 percent rate of return last year. The dividend amount was $1.96 a share which equated to a dividend yield of 2.05 percent. What was the rate of price appreciation for the year? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)3M stock started the year at $146, and by the end of the year had increased to $174. 3M also paid $7 in dividends during the year. What was the percent return for 3M?Gee-Gee common stock returned a nifty 24.11 percent rate of return last year. The dividend amount was $1.93 a share which equated to a dividend yield of 1.37 percent. What was the rate of price appreciation for the year?
- What is the stock's current price?A stock is selling today for $75 per share. At the end of the year, it pays a dividend of $6 per share and sells for $87. A. What is the total rate of return on the stock? B. What are the dividend yield and percentage capital gain? C. Now suppose the year-end stock price after the dividend is paid is $72. What are the dividend yield and percentage capital gain in this case?Apple Inc. (AAPL) is expected to pay a dividend of $1.59 at the end of the year. AAPL’s dividend payout ratio and return on equity (ROE) are 41.27% and 6.86%, respectively. Other things held constant, what would AAPL’s stock price be if the required rate of return is 6.47%? A. $93.14 B. $84.97 C. $72.26 D. $65.13