What the Tamarisk Inc price-earnings ratio

Assignment Help Financial Accounting
Reference no: EM132993382

Question - Tamarisk, Inc. had net income of $1616000 and paid dividends to common stockholders of $404000 in 2022. The weighted average number of shares outstanding in 2022 was 468640 shares. Tamarisk, Inc. common stock is selling for $30 per share on the NASDAQ. What the Tamarisk, Inc. price-earnings ratio?

Reference no: EM132993382

Questions Cloud

What is the payback period of the investment : After executing your target market study, SWOT, and porter 5 forces, What is the payback period of the investment
Developing an effective performance plan : 1. Practice setting performance goals with your team members. Once you have set team goals, devise a series of questions you could use as a checklist to evaluat
Create value for organizations : Describe three ways that reverse supply chain activities create value for organizations
How do calculate the capm : Calculate the CAPM. The financial controller is considering the use of the Capital Asset Pricing Model as a surrogate discount factor.
What the Tamarisk Inc price-earnings ratio : Tamarisk, Inc. common stock is selling for $30 per share on the NASDAQ. What the Tamarisk, Inc. price-earnings ratio
Describe four artifacts of an organization : Langton, Robbins, & Judge describe four artifacts of an organization's culture that can be used to "read" the culture: stories, rituals, material symbols, and l
Calculate the net present value and internal rate of return : Calculate the Net Present Value, Internal Rate of Return and Payback Period. The machine is fully depreciated by the end of its useful life
Importance of knowledge to sales professionals : Explain the importance of knowledge to sales professionals and determine various sources of sales knowledge.
Key elements of a quality improvement initiative : In 2-3 paragraphs, respond to the following. What are the key elements of a Quality Improvement initiative?

Reviews

Write a Review

Financial Accounting Questions & Answers

  Discuss the type of evidence which would be obtained

Compare payroll tax expenses to the annual payroll times the statutory tax rates. Discuss the type of evidence which would be obtained

  What is the accumulated depreciation of the old sifter

What is the accumulated depreciation of the old sifter? What are the after-tax proceeds from the sale of the old sifter? What is the tax on the sale of the old?

  Cost of acquiring pine net assets

Costs of registering and issuing the equity securities amounted to $80,000. No goodwill was involved in the acquisition.

  After-tax net present value and the after-tax internal rate

Assume that you are an investment analyst preparing an analysis of an investment opportunity for a client. Your client is considering the acquisition of an apartment complex from a developer at the point in time when the apartments are ready for firs..

  Inventory cost by the first-in first-out method

Determine the inventory cost by the first-in, first-out method, determine the inventory cost by the last-in, first-out method and determine the inventory cost by the average cost method.

  Firm market value capital structure

What is the firm's market value capital structure? (Round your answers to 4 decimal places. (e.g., 32.1616))

  Explain how the double-declining-balance method is computed

Explain how the double-declining-balance method is computed. Provide an example of how this method could be used on the new delivery truck purchased for $300,000 to be used for 4 years with a salvage value of $5,000 for year one only.

  Prepare a cash budget for december and january

What would the company's loan requirements be at the end of December in this case? (Hint: The calculations required to answer this part are minimal.)

  Compose an email response to inquiry by financial director

Compose an email response to this inquiry by the financial director of Seringa ltd about the classification and measurement of property

  Potential cash flow is estimated at net revenues

Super Tennis Co is in the business of designing and manufacturing running shoes for long distance runners. They are considering a $500 million upgrade to their production line for the iPhone/iPad/ iWatch connected shoe that has Bluetooth connectivity..

  Record the lease of the forklift truck

Record the lease of the forklift truck, including the initial payment of $4000 and the first lease instalment of $2000, in the books of the lessor.

  Information to prepare the july cash budge

Use the following information to prepare the July cash budget for Acco Co. It should show expected cash receipts and cash disbursements for the month and the cash balance expected on July 31.

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