Calculate the earnings per share for national computers

Assignment Help Financial Management

Reference no: EM132021173

Michelle Townsend owns stock in National Computers. Based on information in its annual report, National Computers reported after-tax earnings of $6,572,000 and has issued 2,120,000 shares of common stock. The stock is currently selling for $43 a share.

a. Calculate the earnings per share for National Computers. (Round your final answer to 2 decimal places.)

Earnings per share $

b. Calculate the price-earnings (PE) ratio for National Computers. (Use the rounded earnings per share from part a. Round your final answer to 2 decimal places.)

Price-earnings ratio

Reference no: EM132021173

Questions Cloud

What was the growth rate from 2014-2015 : In 2015 per capita Real GDP was $22,030 in Sweet Potato Hollow. What was the growth rate from 2014-2015.

Redeposited into the banking system : Assuming a 25% reserve ratio, that all banks lend all excess reserves, and that all loans are redeposited into the banking system

How would you define auto zones industry : Information concerning recent changes in the firms is readily available online and should be accessed. Strategic issues should be discussed in "real time."

How can we calculate the probability for each outcome : What does it mean? How do we get that? How can we calculate the probability for each outcome?

Calculate the earnings per share for national computers : Calculate the earnings per share for National Computers. Calculate the price-earnings (PE) ratio for National Computers.

Develop an interpersonal set of soft skills : Examine the way successful leaders develop an interpersonal set of "soft skills." A "soft skills" set helps a leader build relationships.

How is the ipv6 addressing different from that of ipv4 : How is the IPv6 addressing different from that of IPV4? How about a network portion and the host portion of the network, how is that different?

Do you believe that auditors can be sufficiently independent : Do you believe that auditors can be sufficiently independent and objective when the auditee is also a client and is paying the auditor's fees

Construct an equilateral triangle abc : Construct an equilateral triangle ABC of side 9cm. Construct a line thorough a to meet BC at 90 degrees at the point D. Measure the length AD

User Account

All Pages