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
View Answer
Unlock this answer now
Get Access to more Verified Answers free of charge
Q58: A decrease in taxes on interest income
Q106: Suppose that you are a broker and
Q129: The model of the market for loanable
Q183: If Parliament instituted an investment tax credit,
Q185: In the national income accounting identity showing
Q196: Your brother-in-law wants to buy either stock
Q204: Australia has recently implemented a national sales
Q204: In a closed economy GDP = $1300,
Q211: Consider a closed economy. Use the supply
Q214: In a closed economy, the fact that
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents