Solved

A Company Releases the Following Information

Question 201

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:

verifed

Verified

a.The dividend yield is the percentage o...

View Answer

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents