Compute the firms price-earnings ratio up

Assignment Help Financial Management
Reference no: EM131501571

Reagan corp. has report a net income of $802,500 for the year. The company's share price is $13.49, and the company has 323,520 shares outstanding. Compute the firm's price-earnings ratio up to two decimal places.

Reference no: EM131501571

Questions Cloud

Create a presentation that explores professional ethics : Create a 5- to 6-slide PowerPoint presentation that explores professional ethics and responsibilities. You can use information from reliable sources.
Effects of the mercantilist economic system : Analyze the effects of the mercantilist economic system. Who benefited, who was hurt and why?
What is social disorganization : What is social disorganization? How does social disorganization contribute to organized crime? What is an example of social disorganization.
Entire span of the course : Come up with an argument (thesis) based on the element you selected and use the events covered in the course readings to prove your point.
Compute the firms price-earnings ratio up : Compute the firm's price-earnings ratio up to two decimal places.
Why did western imperialism emerge : How and why did Western imperialism emerge and what were its social, cultural, political, and economic impacts on Africa, Middle East, and Asia?
Potential advantages of futures options over spot options : What are the potential advantages of futures options over spot options?
Reagan war on drugs : Jim Crow, Nixon's presidential campaign, Reagan's War on Drugs, Bill Clinton's Three Strikes and mandatory sentencing laws.
Draw a graph that displays the distribution of global sales : ECON 1030 - BUSINESS STATISTICS PROJECT. Draw a graph that displays the distribution of Global Sales. Be sure to comment on the distribution

Reviews

Write a Review

Financial Management Questions & Answers

  What is the bond current market price

What is the bond's current market price?

  What is the amount of the firms net fixed assets

Ratios and Fixed Assets - The Le Bleu Company has a ratio of long-term “debt ratio” .35 and a current ratio of 1.25. Current liabilities are $950, sales are $5,780, profit margin is 9.4 percent, and ROE is 18.2 percent. What is the amount of the firm..

  What is percentage change in the price of these bonds

Both Bond Bill and Bond Ted have 11.4 percent coupons, make semiannual payments, and are priced at par value. Bond Bill has 5 years to maturity, whereas Bond Ted has 22 years to maturity. Both bonds have a par value of 1,000. If interest rates sudden..

  Your stock portfolio consists of only two stocks

Your stock portfolio consists of only two stocks. You have $115,000 in Company A and $125,000 in Company B. Company A has an actual return of -8%, and Company B has a return of 12%. What is the return on your portfolio?

  Number of shares outstanding-price per share after split

A company has just announced a 3-for-1 stock split, effective immediately. Prior to the split, the company had a market value of $5 billion with 100 million shares outstanding. What is the value of the company, the number of shares outstanding, and p..

  Butterfly spread breakeven with a profit of zero

Three-month European put options with strike prices of $50, $55, and $60 cost $2, $4, and $7, respectively. What is the maximum gain when a butterfly spread is created from the put options? What is the maximum loss when a butterfly spread is created ..

  The cash rebate or dealer incentive financing

Sylvia wants to purchase a 2011 Dodge Challenger for a negotiated price of $38,770 inclusive of all costs (options, taxes, delivery charges, etc.). Sylvia will be making a down payment of $8,000. What are the respective monthly payments if she takes ..

  Level of retained earnings on the company

What was the level of retained earnings on the company's December 31, 2008 balance sheet? Show your answer to the nearest dollar, but do not use the $ or , signs in your answer.

  Describe the different options that coach presently faces

Coach Inc.'s profit and sales fell over the holidays, and Wall Street is concerned the retailer's plan to improve its performance by going upmarket may not work out. Describe the different options that Coach presently faces, and explain the tradeoffs..

  Cash amount receivables inventory total current assets

The following is from Harrlson Incs financial statements. Sales (all on credit)were $28.50 millions for 2013 Sales to total assets 1.90 times Total Debt to Total Assets 35% Current Ratio 2.50 times Inventory Turnover 20 days Average Collection period..

  Consider potential reasons for returns

How would having information on the reason for returns and allowances and tracking these reasons help a business? Consider potential reasons for returns and what use the information can be in helping the company make decisions.

  What are the basel accords

What are the Basel Accords? What effects have they had on international banks?

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