The latest financial statement from Dynamo Analytics reveals a total equity of R100 000 000, with 5 000 000 ordinary shares outstanding. The market value of each ordinary share is R56, and the company recorded a profit of R28 000 000 for the year. What are the company's (a) price - earnings (P/E) ratio and (b) market - to - book ratio? 1. (a) 10,00; (b) 2,80 2. (a) 2, 80; (b) 20,00 3. (a) 20,00; (b) 2,80 4. (a) 10,00; (b) 5,60
The latest financial statement from Dynamo Analytics reveals a total equity of R100 000 000, with 5 000 000 ordinary shares outstanding. The market value of each ordinary share is R56, and the company recorded a profit of R28 000 000 for the year. What are the company's (a) price - earnings (P/E) ratio and (b) market - to - book ratio? 1. (a) 10,00; (b) 2,80 2. (a) 2, 80; (b) 20,00 3. (a) 20,00; (b) 2,80 4. (a) 10,00; (b) 5,60
Managerial Accounting: The Cornerstone of Business Decision-Making
7th Edition
ISBN:9781337115773
Author:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger
Publisher:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger
Chapter15: Financial Statement Analysis
Section: Chapter Questions
Problem 54E: Rebert Inc. showed the following balances for last year: Reberts net income for last year was...
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![The latest financial statement from Dynamo Analytics reveals a total equity of R100 000 000, with 5 000 000
ordinary shares outstanding. The market value of each ordinary share is R56, and the company recorded a
profit of R28 000 000 for the year. What are the company's (a) price - earnings (P/E) ratio and (b) market - to
- book ratio? 1. (a) 10,00; (b) 2,80 2. (a) 2,80; (b) 20,00 3. (a) 20,00; (b) 2,80 4. (a) 10,00; (b) 5, 60](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F495f298d-095e-46cb-86ef-62f08fb66a02%2F37a8cad0-ddbe-4986-8410-3142a871e359%2Fpx8td0q_processed.png&w=3840&q=75)
Transcribed Image Text:The latest financial statement from Dynamo Analytics reveals a total equity of R100 000 000, with 5 000 000
ordinary shares outstanding. The market value of each ordinary share is R56, and the company recorded a
profit of R28 000 000 for the year. What are the company's (a) price - earnings (P/E) ratio and (b) market - to
- book ratio? 1. (a) 10,00; (b) 2,80 2. (a) 2,80; (b) 20,00 3. (a) 20,00; (b) 2,80 4. (a) 10,00; (b) 5, 60
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