Need accurate answer Whispering Winds Corp. had a net income of $1,618,000 and paid dividends to common stockholders of$404,500 in 2022. The weighted average number of shares outstanding in 2022 was 566,300 shares.Whispering Winds Corp.common stock is selling for $30 per share on the NASDAQ. WhisperingWinds Corp.'s price-earnings ratio is: Due to the growing demand for computer software, the PerryCompany has had a very successful year and expects its earnings per share to grow by 25% to reach $5.50for this: year. Estimate the price of the company's common stock assuming the industry's price/earningsratio is 12. JP Morgan Chase Co. (JPM) has earnings per share of $3.39 and a P/E ratio of 11.62. Whatis the price of the stock? (Round your answer to 2 decimal places.)

1. Whispering Winds Corp.'s price-earnings ratio:First, we need to calculate the earnings per share…

Answered: Whispering Winds Corp. had a net income…

EBK CONTEMPORARY FINANCIAL MANAGEMENT

14th Edition

ISBN:9781337514835

Author:MOYER

Publisher:MOYER

Chapter3: Evaluation Of Financial Performance

Section: Chapter Questions

Problem 13P

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Similar questions

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TNT Corporation's stock is currently selling at $36 per share. TNT reported total revenues of $5.26 billion over the past year, has a book value of equity of $2.9 billion, and has 296 million shares outstanding. Based on comparable firms, the appropriate P/S and P/B for TNT are 2.85 and 4.75, respectively. A. What is the stock's approximate intrinsic value based on the P/S multiplier? B. What is the stock's approximate intrinsic value based on the P/B multiplier?
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Breakaway wealth had net earnings of $336,000 this past year. dividends were paid of $77,280 on the company's book equity of $2,800,000. if Safeway has 175,000 shares outstanding with a current market price of $21 per share, what is the required rate of return?
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Fancy Paws' year-end price on its common stock is $20. The firm has a profit margin of 12 percent, total assets of $20 million, a total asset turnover ratio of 0.5, no preferred stock, and there are 2 million shares of common stock outstanding. What is the PE ratio for Fancy Paws?

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