User Account

All Pages

Shares of common stock

Assignment Help Finance Basics
Reference no: EM131537433

Ferrell Inc. recently reported net income of $8 million. It has 540,000 shares of common stock, which currently trades at $21 a share. Ferrell continues to expand and anticipates that 1 year from now, its net income will be $13.2 million. Over the next year, it also anticipates issuing an additional 81,000 shares of stock so that 1 year from now it will have 621,000 shares of common stock. Assuming Ferrell's price/earnings ratio remains at its current level, what will be its stock price 1 year from now?

Reference no: EM131537433

Questions Cloud

Net present value of the proposed commerce company project : What is the net present value of the proposed Commerce Company project if the discount rate is 8%?
Name at least two challenges honeywell faces : Honeywell Around the World "You can't see most of our products, but you can count on them." This is a quote from the Honeywell web site.
Provide an awareness of the difficulties-possible criteria : Provide an awareness of the difficulties and possible criteria that a manager may use in making termination decisions.
What two purposes does a bill of lading serve : What are some of the issues that must be considered before making international sales?
Shares of common stock : Assuming Ferrell's price/earnings ratio remains at its current level, what will be its stock price 1 year from now?
Firm commitment agreement-what are the total direct costs : Under a firm commitment agreement, the company received $20.85 for each of the 6.57 million shares sold. What are the total direct costs?
Planning for retirement : Luke and Olivia are 22, newly married, and ready to embark on the journey of life. They both plan to retire 45 years from today.
Prepare benford corporation worksheet for current year ended : Preparing a work sheet, financial statements, and end-of-fiscal-period entries for a corporation Accounting forms are given in the Working Papers.
Compute the average useful life of your companys long-lived : Compute the average useful life of your company's long-lived assets. Determine effect if average useful lives were 40% longer than what company actually used.

Reviews

Write a Review

Finance Basics Questions & Answers

  Financial reporting and analysis

Finance is about Gunns Ltd, a company in dealing with forestry products in Australia. The company has also been listed in Australian Stock Exchange. As many companies producing forestry products, even Gunns Ltd is facing various problems. Due to the ..

  A report on financial accounting

This report is specific for a core understanding for Financial Accounting and its relevant factors.

  Describe the types of financial ratios

Describe the types of financial ratios and other financial performance measures that are used during venture's successful life cycle.

  Differences between sole proprietorship and corporation

Briefly describe the major differences between a sole proprietorship and a corporation

  Prepare a cash budget statement

Calculate the expected value of the apartment in 20 years' time. What is the mortgage loan repayment at the beginning of each month

  What are the implied interest rates

What are the implied interest rates in Europe and the U.S.?

  State pricing theory and no-arbitrage pricing theory

State pricing theory and no-arbitrage pricing theory

  Small business administration

Identify the likely stage for each venture and describe the type of financing each venture is likely to be seeking and identify potential sources for that financing.

  Effect of financial leverage

The Effect of Financial Leverage and working capital management

  Evaluate the basis for the payment to the lender

Evaluate the basis for the payment to the lender and basis for the payment to the company-counterparty.

  Importance of opps, ipps, mpfs and dmepos

Research and discuss the differences and importance of : OPPS, IPPS, MPFS and DMEPOS.

  Time value of money

Time Value of Money project

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