Essay
A company releases the following information:
Number of shares (in thousands)= 7500
Dividend = $0.12
Dividend yield = 0.7%
Profit (in thousands)= $1500
a.Calculate the share price.
b.Calculate the market value of the firm (the total value of the firm's stock).
c.Calculate earnings per share and the P / E ratio.
d.Is this company expensive relative to its earnings?
Correct Answer:
Verified
a.The dividend yield is the percentage o...View Answer
Unlock this answer now
Get Access to more Verified Answers free of charge
Correct Answer:
Verified
View Answer
Unlock this answer now
Get Access to more Verified Answers free of charge
Q2: Suppose that Parliament were to institute an
Q22: What is the effect of an increase
Q36: If Parliament instituted an investment tax credit,
Q37: How does the risk of long-term bonds
Q76: Other things being constant, when a business
Q90: Country B has private savings of $60
Q98: Which term refers to institutions that help
Q144: Melinda buys a paint sprayer and a
Q181: Suppose Sarah Lee Corporation stock has a
Q210: Suppose the following equations give the demand