Firm price-earnings ratio-mike corp

Assignment Help Business Management
Reference no: EM132652343

Mike's corp has reported a net income of $847,700 for the year. The company's share price is $13.87, and the company has 310,470 shares outstanding. Compute the firm's price-earnings ratio up to two decimal places.

Reference no: EM132652343

Questions Cloud

Write a business report for the ceo : You are required to write a Business Report for the CEO on the performance of Starbucks using independent research and the case study (case 25) that appears
Strategic measurement tools : Write an essay in which you compare and contrast the following strategic measurement tools used by business and human resource professionals
Prepare the entry to record the sale on december : Make the entry to record the sale on December 31, 2020 using the residual value method, assuming the stand-alone value of the warranty
Calculate the number of units Acme must sell : Acme wants to keep its selling price at $40 per unit and earn a 10% return on sales. Calculate the number of units Acme must sell to meet the target
Firm price-earnings ratio-mike corp : The company's share price is $13.87, and the company has 310,470 shares outstanding. Compute the firm's price-earnings ratio up to two decimal places.
Prepare the machinery account : Prepare the machinery account, provision for depreciation of machinery account and disposal of machinery account for the accounting year
How to make the journal entries in the books of flavours : How to MAke the journal entries in the books of Flavours Limited for the years ending 2018, 2019 and 2020 relating to the patent transactions.
What do you believe is main theme jesus is communicating : What do you believe is the main theme Jesus is communicating? Explain the three principal characters. Who do you identify with the most, and why?
How do solve the transaction price to be allocated : How Solve the transaction price to be allocated to the performance obligations of AllFuels Limited and prepare the journal entry to record the March 2020 sales.

Reviews

Write a Review

Business Management Questions & Answers

  Reveal it to others who understand what the symbol mean

When the writer needs to hide the real meaning from certain readers however reveal it to others who understand what the symbol mean

  Discuss competitive strategies that manufacturers can use

Assignment: Competitive Strategies- Examine and discuss competitive strategies that manufacturers can use to gain competitive advantage.

  Intercultural management-report of business trip to foreign

How has this trip helped you to understand diversity in the workplace and Did you experience culture shock?

  Create a high-level project systems acquisition plan

Create a high-level Project Systems Acquisition Plan for your project in a minimum of 1,050 words that includes the following information.

  What is the optimal value of x

Find the optimal solution for the following problem. (Round your answers to 3 decimal places.)

  Array of diverse functions and positive consequences

1. When formulating a positioning strategy, a multiple-benefits approach is strongly suggested to satisfy many markets at the same time, because it alerts consumers to a wide array of diverse functions and positive consequences related to the prod..

  Overview of structure of the organization

Provide an overview of the organization that will be delivered to senior management, defining the business goals and objectives and the size, layout, and structure of the organization.

  Human resource managementcase studyyou are an hr leader or

human resource managementcase studyyou are an hr leader or director for an organization that employees 500 individuals

  What is likely to happen to the output gap

If these fears are borne out, what would you expect to happen to real national income and its growth rate over the next few quarters? What is likely to happen to the output gap? the unemployment rate? Briefly explain.

  Why is it difficult to categorize e-commerce business models

Why is it difficult to categorize e-commerce business models? What are the major differences between virtual storefronts, such as Bluefly

  Instill a culture of ethics within the marketing department

How is Panera's leadership within the organization can instill a culture of ethics within the marketing department

  Social media effect on loyalty

Visit a website such as Amazon or Barnes and Noble and locate three recent books that discuss the effects of social media on customer loyalty and retention.

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