What was its P-E ratio yesterday

Assignment Help Managerial Accounting
Reference no: EM133038952

Question - Today the common stock of Gresham Technologies closed at $25.30 per share, down $0.38 from yesterday. If the company has 5.2 million shares outstanding and annual earnings of $12.5 million, what is its P/E ratio today? What was its P/E ratio yesterday?

Reference no: EM133038952

Questions Cloud

Five-step decision-making model : Managers sometimes use the five-step decision-making process to help them make good decisions and resolve complex issues.
Explaining linear regression : Develop a well thought-out response explaining Linear Regression, including but not limited to definitions, application, and need to understand/use.
Explain strategic advantage towards sustainability : A. What do we mean by taking a strategic advantage towards sustainability? (Benn et al, 2019 - ch 5).
Address a range of typical systems development problems : Critically discuss and select appropriate systems development process models to address a range of typical systems development problems
What was its P-E ratio yesterday : If the company has 5.2 million shares outstanding and annual earnings of $12.5 million, what is its P/E ratio today? What was its P/E ratio yesterday
What are the benefits of having a diverse workforce : What are the benefits of having a diverse workforce, and what are some strategies and tactics that employers can use to attract a diverse workforce and provide
Measure consumer surplus using real world data : Considering the definition of consumer surplus, what information is needed to measure consumer surplus using real world data?
Discuss possible violations of the ethical rules : For each situation discuss possible violations of the ethical rules, legal obligations and or independence requirements
Important types of suppliers of goods and services : 1. What are the organization's principal STAKEHOLDER groups? Include CUSTOMERS and other groups most affected by the organization's services, actions, and succe

Reviews

Write a Review

Managerial Accounting Questions & Answers

  Describe key principles of double-entry bookkeeping

Describe key principles of double-entry bookkeeping.It is a record keeping system under which every transaction must be recorded in two accounts.

  Which refers to the effect of other people on raising

Which refers to the effect of other people on raising one's efforts and organisational motivation. Social facilitation./ Social loafing

  Journalize the activities from these job cost sheets

Journalize the activities from these job cost sheets in the general journal. Also, journalize the other costs that occurred during this period.

  What are objectives accomplished by cash flow statement

It is necessary for an auditor to require a cash flow statement. What are the objectives that can be accomplished by cash flow statement?

  Find what would the general journal entry look like

What would the general journal entry look like? At the start of the current period, management predicts a total labor cost of $100,000

  Stephen company produces a single product

Stephen Company produces a single product. Last year, the company had 20,000 units in its ending inventory. During the year, Stephen's variable production costs were $12 per unit.

  What is the journal entry when manufacturing overhead cost

What is the Journal Entry when Manufacturing overhead cost was applied to jobs as per company policy? A Company uses a job-order costing system

  What amount of sales is required

The contribution margin for cones is 40% while the contribution margin for cups is 40%. To achieve its desired profit, what amount of sales is required

  Find what amount will fuzzy monkey report investment

Prepare the relevant journal entries on the respective dates. At what amount will Fuzzy Monkey report its investment in the December 31, 2021 balance sheet?

  What income under variable costing is

What Income under variable costing for 2020 is?Production was 24 units per year in 2018-2020. Sales were 24 units,20 units in 2019, and 28 units in 2020.

  What is the overhead cost per unit associated with product

San Madeo uses a single plantwide factory overhead rate based on direct labor hours. What is the overhead cost per unit associated with Product M

  What the amount of sales revenue needed is

A firm sell a single product for $6. Its variable cost per unit is $4 and fixed costs are $50. Ignoring income taxes, the amount of sales revenue needed for $20

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