Compute for the relative value of valneed

Assignment Help Financial Accounting
Reference no: EM132940606

Problem 1: Valneed Company reported a net income of P7,250,000 for the current year. It has 1,000,000 ordinary shares outstanding and 10% preference share with par totaling to P1,000,000. Firms comparable to the company has a P/E multiple of 4. Compute for the relative value of Valneed.

a. P29.00

b. P29.40

c. P28.60

d. P28.20

Reference no: EM132940606

Questions Cloud

What are some of the barriers to employing immigrants : Read Case 5.1 : "Internationalization and Cross-cultural Expansion of a Local Manufacturer: Barden (US) and FAG (Germany) and Case 11.1: "Compensation Problems
Which phase of the industry life cycle : In relative valuation, comparable companies should be similar. Which of these is NOT a relevant factor for similarity? which phase of the industry life cycle?
Identify a healthcare setting : Every coding department and billing department should have a Compliance Program. During the duration of this course, you will need to research organizations suc
What is book value per share for asm incorporated : It has 1 million common shares outstanding. The replacement cost of its assets is P85 million. Its share price in the market is P49. Its book value per share is
Compute for the relative value of valneed : Compute for the relative value of Valneed. Valneed Company reported net income of P7,250,000 for the current year. It has 1,000,000 ordinary shares outstanding.
Identifying the issues and providing a time line of events : One of the most challenging decisions a Human Resources manager could make would be recommending that employees belonging to a bargaining unit be "locked out."
Indicate the accounts affected and the amount of the effect : Indicate the accounts affected and the amount of the effect of each transaction (March 1, 3, 5, and October 1) on the accounting equation
What macroeconomic variable do think corporate financial : What macroeconomic variable do you think corporate financial managers should be preparing for in the next 5 to 10 years? What concepts
Complete a separate depreciation schedule by using straight : Complete a separate depreciation schedule by using Straight-line method. Purity Ice Cream Company bought a new ice cream maker at the beginning of the year

Reviews

Write a Review

Financial Accounting Questions & Answers

  Financial statement analysis and preparation

Financial Statement Analysis and Preparation

  Shareholder of a company

Describe the ways that a person can become a shareholder of a company. Why Wal-Mart would split its stock?

  Financial and accounting principles

An understanding of financial and accounting principles can be a valuable tool for managers. While not all managers will find themselves calculating financial ratios or preparing annual financial data.

  Prepare a statement of cash flow using the direct method

Prepare a Statement of Cash Flow using the Direct Method and Prepare the Operations section of the Statement of Cash Flow using the Indirect Method.

  Financial accounting assignment

This assignment has one case study and two question apart from case study. Questions related to document Liquidation question and Company financial statements question - Torquay Limited

  Prepare general journal entries for goela

Prepare general journal entries for Goela Ltd

  Principles of financial accounting

Prepare the journal entry to record the acquisition of the assets.

  Prepare general journal entries to record the transactions

Prepare general journal entries to record the transactions, assuming use of the periodic inventory system

  Global reporting initiative

Compare the view espoused by the economist Milton Friedman about the social responsibilities of business with the views express by Stigler.

  Explain the iasb conceptual frameworks

Explain the IASB Conceptual Framework's perspective of users and their decisions.

  Determine the company''s financial statements

T he focus of the report is to determine the extent to which you are comfortable relying on the financial statements as presented by management .

  Computation of free cash flow

Computation of Free Cash Flow

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!

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