What is the price per share of the company stock

Assignment Help Business Management
Reference no: EM132920445

You have looked at the current financial statements for Reigle Homes, Co. The company has a EBIT of $3,190,000 this year. Depreciation, the increase in net working capital, and capital spending were $242,000, $107,000, and $500,000, respectively. You expect that over the next five years, EBIT will grow at 16 percent per year, depreciation and capital spending will grow at 21 percent per year, and NWC will grow at 11 percent per year. the company has $18,500,000 in debt and 385,000 shares outstanding. You believe that sales in five years will be $21,800,000 and the price-sales ratio will be 2.9. The company's WACC is 9.1 percent and the tax is 23 percent.

What is the price per share of the company's stock?

Reference no: EM132920445

Questions Cloud

What should google change about its corporate : What should Google change about its corporate, business, and functional strategies to become more effective? For each recommendation, detail your example, PPCO
Reallocate a signifant amount of accrued division : The CEO in a corporation instructed the general accounting department to reallocate a signifant amount of accrued division expense in order to meet budget targe
Contrast the major constituents of filipino culture : Compare and contrast the major constituents of Filipino culture with that of other countries' in terms of: religion, aesthetics, language, value system.
Understanding and knowledge of business technology : You decide you need to update your understanding and knowledge of business technology-the key features, capabilities, and limitations of current industry-accept
What is the price per share of the company stock : You have looked at the current financial statements for Reigle Homes, Co. The company has a EBIT of $3,190,000 this year. Depreciation, the increase in net work
Explain separate training package and accredited courses : The following are statements about the differences and relationships between separate training package and accredited courses, and learning strategies and learn
Differentiate between functional and dysfunctional conflicts : Differentiate between functional and dysfunctional conflicts in a Project Management Office (PMO);
What are two examples of us-based firms : The level of economic globalization (or global exposure) can be measured not only for countries' economies but also for individual firms. What are some specific
How is the process of innovation implemented : How is the process of innovation implemented and what are its benefits within an organization

Reviews

Write a Review

Business Management Questions & Answers

  Important for hr management to transform

Why do you think it is important for HR Management to transform from being primarily administrative and operational to becoming a more strategic contributor in organizations?

  Consumer decision makingplease discuss the following

consumer decision makingplease discuss the following question the type of decision making a consumer uses for a product

  What is the extent to which an employer can monitor personal

Under the Watkins precedent, what is the extent to which an employer can monitor personal phone calls to employees within the ordinary course of business exemption of the federal wiretapping law?

  How many units were in ending inventory at the end of 2017

Suppose ending finished goods inventory for iRobot at the end of 2016 has 395 units. In 2017, they had the following data

  Bovee and thill business communication web search

Bovee and Thill's Business Communication Web Search, at http://websearch.businesscommunicationnetwork.com. is a unique research tool designed specifically

  The objective function measures profit

Below is a LP model that aids determine the number of necklaces, bracelets, rings and earrings a jewellery store can stock. The objective function measures profit it is presumed that every piece stocked will be sold

  Explain entry strategies performed by company

Explain entry strategies performed by company. Use journal articles to explain concept of company's entry strategy and benefits. Identify constraints of selected strategy. combine journals and info from company to analyse constraints

  What is project based cross-functional teams

What is project based cross-functional teams

  Compute the total project cost for project duration

(A) compute the total project cost for each project duration. (B) What duration represents the lowest total project cost? (C) What is this cost?

  Install windows 10 instead of ubuntu would the steps

If I decide to install Windows 10 instead of Ubuntu would the steps, for a successful outcome, be much different? Why or why not?

  Chemical properties of water contribute to the importance

Discuss how the unique physical and chemical properties of water contribute to the importance of water for life on Earth to survive. Discuss how the methods of experimentation and observation have changed throughout the history of science.

  Does having a code of ethics guarantee ethical behavior

LDR-800: Does having a code of ethics guarantee ethical behavior within an organization? Why or why not? What happens to the organization when its ethics code fails to achieve ethical behavior within the organization?

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