Quick answer of this accounting questions XYZ Corporation reports annual net income of $45 million with 75 million sharesoutstanding. If the current market price per share is $52.50, what is XYZ's price-to-earnings ratio?a. 0.86b. 87.5c. 1.17d. 87.2

Step 1: Definition of Price-to-Earnings (P/E) RatioThe Price-to-Earnings (P/E) Ratio is a financial…

Answered: XYZ Corporation reports annual net…

Cornerstones of Financial Accounting

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Chapter10: Stockholder's Equity

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Problem 79E: Ratio Analysis MJO Inc. has the following stockholders equity section of the balance sheet: On the...

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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.)
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The Cost of Equity and Flotation Costs Messman Manufacturing will issue common stock to the public for $30. The expected dividend and the growth in dividends are $3.00 per share and 5%, respectively. If the flotation cost is 10% of the issue’s gross proceeds, what is the cost of external equity, re?
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What is the current price earnings ratio on these financial accounting question ?
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A company has net income of $950,000; its weighted-average common shares outstanding are 190,000. Its dividend per share is $0.95, its market price per share is $98, and its book value per share is $91.00. Its price-earnings ratio equals: Multiple Choice 19.60. 7.00. 18.20. Next
What is the price earnings ratio on these financial accounting question?

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XYZ Corporation reports annual net income of $45 million with 75 million shares outstanding. If the current market price per share is $52.50, what is XYZ's price- to-earnings ratio? a. 0.86 b. 87.5 c. 1.17 d. 87.2