What is the price–sales ratio

Assignment Help Financial Management
Reference no: EM131442401

That Wich Corp. had additions to retained earnings for the year just ended of $306038. The firm paid out $189568 in cash dividends, and it has ending total equity of $4983075. The company currently has 150,000 shares of common stock outstanding.

The stock currently sells for $77 per share. If the company had sales of $5039217, what is the price–sales ratio?

Reference no: EM131442401

Questions Cloud

Evaluate the proposed acquisition : You have been asked by the president of your company to evaluate the proposed acquisition of a new special purpose truck. The truck's basic price is 50,000 and it will cost another 10,000 to modify it for special use by your firm. The firms marginal ..
The market value of the equity : The market value of the equity of Thompson, Inc., is $562879. The balance sheet shows $38152 in cash and $196382 in debt, while the income statement has EBIT of $94026 and a total of $178301 in depreciation and amortization. What is the enterprise va..
What is the company net income-operating cash flow : Using the tax tables in the textbook (table 2.3) as shown below, please calculate the total tax, the average tax rate, and the marginal tax rate for a company with $7,650,000 taxable income. During the year, Belyk Paving Co. had sales of $3,350,000. ..
What is your cost of funds on new loan if you plan to prepay : You purchased your current home with a loan of $400,000 exactly seven years ago. At that time you secured a 6.04% interest, 30-year mortgage. What is your cost of funds on the new loan if you plan to prepay it at the end of year five?
What is the price–sales ratio : That Wich Corp. had additions to retained earnings for the year just ended of $306038. The firm paid out $189568 in cash dividends, and it has ending total equity of $4983075. The company currently has 150,000 shares of common stock outstanding. The ..
What are dividends per share : That Wich Corp. had additions to retained earnings for the year just ended of $397373. The firm paid out $191215 in cash dividends, and it has ending total equity of $4772974. The company currently has 150,000 shares of common stock outstanding. What..
What is the price-earnings ratio : That Wich Corp. had additions to retained earnings for the year just ended of $378105. The firm paid out $186978 in cash dividends, and it has ending total equity of $4600340. The company currently has 150,000 shares of common stock outstanding. If t..
What is the companys total asset turnover : The Dahlia Company has net income of $166,850. There are currently 32.25 days’ sales in receivables. Total assets are $855,000, total receivables are $148,000, and the debt–equity ratio is .60. What is the company’s total asset turnover? What is the ..
The firm achieve in order to meet its growth rate goal : Fulkerson Manufacturing wishes to maintain a sustainable growth rate of 9 percent a year, a debt–equity ratio of .51, and a dividend payout ratio of 27 percent. The ratio of total assets to sales is constant at 1.24. What profit margin must the firm ..

Reviews

Write a Review

Financial Management Questions & Answers

  What is the required after-tax refunding investment outlay

Five years ago, Northwest Water (NWW) issued $40,000,000 face value of 30-year bonds carrying an 8% (annual payment) coupon. NWW is now considering refunding these bonds. It has been amortizing $4 million of floatation costs on these bonds over their..

  Next two annual dividends will be in the amount

Last week, Onboard Co. has announced that the next two annual dividends will be in the amount of $2.3 and $4.19, respectively. After that, the dividends will increase by 3.6 percent annually. The required return on this stock is 12.98 percent. What i..

  Fiscal imbalance of social security and medicare programs

If the interest rate is 10%, what is the present discounted value of receiving $100 next year? As of 2006, the present discounted value of the long-run fiscal imbalance of Social Security and Medicare programs is approximately: If debt is a nominal o..

  Risk free rate and market risk premium

Assume the risk free rate is 6% and the market risk premium is 7.5%. Ragnarok Unlimited Corp. (RUC) has a beta of 4, and it offers a return of 27% at the moment. Is RUC fairly priced according to the CAPM? Why or why not? If the price is not fair, wh..

  What would the cost of equity be if the debt-equity ratio

Crosby Industries has a debt-equity ratio of 1.2. Its WACC is 14 percent, and its cost of debt is 5 percent. There is no corporate tax. What is Crosby’s cost of equity capital? What would the cost of equity be if the debt-equity ratio were 2?

  What is the current bond price

Aloha Inc. has 4.5 percent coupon bonds on the market that have 6 years left to maturity. If the YTM on these bonds is 8.2 percent, what is the current bond price?

  Calculate the price with the constant dividend growth model

Sisters Corp expects to earn $8 per share next year. The firm’s ROE is 15% and its plowback ratio is 60%. If the firm’s market capitalization rate is 10%. Calculate the price with the constant dividend growth model. Calculate the price with no growth..

  The expected annual inflation rates

The expected annual inflation rates in the US and UK for the next 3 years are 3 percent and 2 percent respectively. The current spot rate for pound is $1.22. Using the relative Purchasing Power Parity, forecast the expected future spot rates at the e..

  Individual retirement account

On your 30th birthday, you decide to open an individual retirement account (IRA) and deposit $500. You continue to make monthly deposit of $500 each until your 45th birthday (your last deposit of $500 will be made on your 45th birthday). How much tot..

  Bond making annual coupon payments

Consider a 10 year bond making annual coupon payments at a rate of 8% with a face value of $1000. The market interest rate is 8%. Suppose you decide to buy the bond today and hold it for 10 years. What is the price of the bond and your (holding perio..

  What is the depreciation tax shield for this project

Your firm needs a machine which costs $230,000, and requires $44,000 in maintenance for each year of its 10 year life. After 5 years, this machine will be replaced. The machine falls into the MACRS 10-year class life category. Assume a tax rate of 40..

  Activitys optimistic-most likely and pessimistic time

Given an activity's optimistic, most likely, and pessimistic time estimates of 50, 66, and 74 days respectively, compute the PERT expected activity time for this activity.

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