Question

You are given the following information: Stockholders' equity = $1,550; price/earnings ratio = 5.2; shares outstanding...

You are given the following information: Stockholders' equity = $1,550; price/earnings ratio = 5.2; shares outstanding = 25; market/book ratio = 1.25. Calculate the market price of a share of the company's stock

Business   Finance   
0 0
Add a commentTranscribed image text
Next >

Homework Answers

Answer #1
Stockholder's equity $           1,550
Shares outstanding 25
Book value per share= Stockholder equity/Shares outstanding
Book value per share= 1550/25
Book value per share= $          62.00
Market/Book value 1.25
Market price= Book value * Market book value
Market price= 62*1.25
Market price= $          77.50
0 0
Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Log In

Sign Up

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
M/B AND SHARE PRICE You are given the following information: Stockholders' equity as reported on the...
M/B AND SHARE PRICE You are given the following information: Stockholders' equity as reported on the firm’s balance sheet = $6.75 billion, price/earnings ratio = 16.5, common shares outstanding = 74 million, and market/book ratio = 1.8. Calculate the price of a share of the company's common stock. Round your answer to the nearest cent. $ 
You are given the following information: Stockholders' equity as reported on the firm’s balance sheet =...
You are given the following information: Stockholders' equity as reported on the firm’s balance sheet = $6.5 billion, price/earnings ratio = 9, common shares outstanding = 76 million, and market/book ratio = 1.6. Calculate the price of a share of the company's common stock. Round your answer to the nearest cent.
You are given the following information: Stockholders' equity as reported on the firm’s balance sheet =...
You are given the following information: Stockholders' equity as reported on the firm’s balance sheet = $5.5 billion, price/earnings ratio = 20, common shares outstanding = 200 million, and market/book ratio = 1.6. The firm's market value of total debt is $6 billion, the firm has cash and equivalents totaling $250 million, and the firm's EBITDA equals $2 billion. What is the price of a share of the company's common stock? Do not round intermediate calculations. Round your answer to...
You are given the following information: Stockholders' equity as reported on the firm’s balance sheet =...
You are given the following information: Stockholders' equity as reported on the firm’s balance sheet = $4 billion, price/earnings ratio = 20.5, common shares outstanding = 60 million, and market/book ratio = 1.7. The firm's market value of total debt is $8 billion; the firm has cash and equivalents totaling $320 million; and the firm's EBITDA equals $1 billion. What is the price of a share of the company's common stock? Do not round intermediate calculations. Round your answer to...
You are given the following information: Stockholders' equity as reported on the firm’s balance sheet =...
You are given the following information: Stockholders' equity as reported on the firm’s balance sheet = $3.25 billion, price/earnings ratio = 19, common shares outstanding = 56 million, and market/book ratio = 2. The firm's market value of total debt is $8 billion; the firm has cash and equivalents totaling $220 million; and the firm's EBITDA equals $1 billion. What is the price of a share of the company's common stock? Do not round intermediate calculations. Round your answer to...
You are given the following information: Stockholders' equity as reported on the firm’s balance sheet =...
You are given the following information: Stockholders' equity as reported on the firm’s balance sheet = $4.25 billion, price/earnings ratio = 18, common shares outstanding = 140 million, and market/book ratio = 1.8. The firm's market value of total debt is $6 billion, the firm has cash and equivalents totaling $320 million, and the firm's EBITDA equals $3 billion. What is the price of a share of the company's common stock? Do not round intermediate calculations. Round your answer to...
You are given the following information: Stockholders' equity as reported on the firm’s balance sheet =...
You are given the following information: Stockholders' equity as reported on the firm’s balance sheet = $4.5 billion, price/earnings ratio = 17.5, common shares outstanding = 220 million, and market/book ratio = 1.3. The firm's market value of total debt is $7 billion, the firm has cash and equivalents totaling $290 million, and the firm's EBITDA equals $2 billion. What is the price of a share of the company's common stock? Do not round intermediate calculations. Round your answer to...
You are given the following information: Stockholders' equity as reported on the firm’s balance sheet =...
You are given the following information: Stockholders' equity as reported on the firm’s balance sheet = $5.75 billion, price/earnings ratio = 19.5, common shares outstanding = 230 million, and market/book ratio = 2.5. The firm's market value of total debt is $6 billion, the firm has cash and equivalents totaling $240 million, and the firm's EBITDA equals $3 billion. What is the price of a share of the company's common stock? Do not round intermediate calculations. Round your answer to...
You are given the following information: Stockholders' equity as reported on the firm’s balance sheet =...
You are given the following information: Stockholders' equity as reported on the firm’s balance sheet = $6.75 billion, price/earnings ratio = 11, common shares outstanding = 40 million, and market/book ratio = 2.6. The firm's market value of total debt is $4 billion; the firm has cash and equivalents totaling $210 million; and the firm's EBITDA equals $1 billion. a.What is the price of a share of the company's common stock? Do not round intermediate calculations. Round your answer to...
1.Book value per common share reflects the amount of stockholders equity applicable common shares on a...
1.Book value per common share reflects the amount of stockholders equity applicable common shares on a per share basis. T F 2.The price earnings ratio never reveals information about the stock markets expectations for a company's future growth in earnings. T F 3.A corporations reacquired shares are never referred to as treasury stock. T F
ADVERTISEMENT
Need Online Homework Help?

Get Answers For Free
Most questions answered within 1 hours.

Ask a Question
ADVERTISEMENT