User Account

All Pages

Calculate the PE ratio

Assignment Help Accounting Basics
Reference no: EM133031424

Question - Hobart Ltd. has the number of shares of ordinary shares outstanding 513,000,000, and the current price per share is 56. If the company's profit is $890,000,000.00, calculate the PE ratio and would you consider investing in this share based on the PE ratio?

Reference no: EM133031424

Questions Cloud

Determine the total cost that should have been recorded : Use this information to determine the total cost that should have been recorded in the Work in Process for Job A-1 on March 21
What will be the value of the investment at the end : Assuming the annual investment rate of return is 3.7%, what will be the value of the investment at the end of 11 years
What happens to the expected return on the stock : If Northern Sludge issues an additional $13 million of common stock and uses this money to retire debt, what happens to the expected return on the stock
What is the total amount of bond interest expense : On the issue date, the annual market rate of interest for the bonds was 12% and the selling price was $177 059. What is total amount of bond interest expense
Calculate the PE ratio : If the company's profit is $890,000,000.00, calculate the PE ratio and would you consider investing in this share based on the PE ratio
Calculate the present value of an ordinary annuity : Calculate the present value of an ordinary annuity consisting of payments of $5,000 each, made at the end of every three months for six years
How much should Eric invest today : How much should Eric invest today at 4.00% compounded monthly in order to pay his son's rent of $500 at the beginning of each month for the next 4 years
Prepare the journal entry to record income taxes : Taxable income was $20,000; Jim's had $100,000 of pretax accounting income. The tax rate is 35%. Prepare the journal entry to record income taxes for 2020
Principles to enhance the learning environment : About how you would use these principles to enhance the learning environment for your students

Reviews

Write a Review

Accounting Basics Questions & Answers

  Compute how many units must be produced during the month

Parwin Corporation plans to sell 43,000 units during August. If the company has 18,000 units on hand, how many units must be produced during the month?

  What is the issue price of these bonds

A company issued $480,000, 12-year, 8 % bonds at 107.00. What is the issue price of these bonds

  Purchase of a condominium in faulty towers in los angeles

Due to the drastic drop in the Las Vegas real estate market, the condominium's market value is $400,000 and they will not to be able rent it

  What is the NPV and IRR of the project

The company uses WACC to compute the NPV. What is the NPV and IRR of the project? Should FINA accept the project according to IRR and NPV

  Should be on 2012 forms and done in pencil it should

should be on 2012 forms and done in pencil. it should include a schedule that shows the fiduciary income calculation

  What is the last date for elroy

In order to qualify for non-recognition of gain on this involuntary conversion, what is the last date for Elroy to acquire qualified replacement property

  Keating amp associates is a firm specializing labor

keating amp associates is a firm specializing labor relations and employee-reated work. it employs 25 professionals who

  Journalize the January transactions

Purchased 18,400 units of raw materials on account at a cost of $3.90 per unit. Standard cost was $3.80 per unit. Journalize the January transactions

  What is the purpose of an audit performed by a cpa do

1. what is the purpose of an audit performed by a cpa?2. do audits signify to financial statement users

  Portfolio and for a market index

In contrast, Consultant 2 report annual Sharpe Ratios of 0.41 and 0.40 for Mr. Smith's portfolio and for a market index, respectively, and an annual CAPM alpha of 0.12%. Can both consultants have correct calculations? Explain in detail.

  A company projects an increase in net income of 180000 each

a company projects an increase in net income of 180000 each year for the next five years if it invests 900000 in new

  Why are data ephemeral and corruptible

Why are data ephemeral and corruptible? Cite three differences of primary and secondary data? Which one is reliable to use-secondary data or primary data?

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd