Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. a company has a market value per share of $75.00.

A company has a market value per share of $75.00. Its net income is $1,750,000...

90.2K

Verified Solution

Question

Accounting

A company has a market value per share of $75.00. Its net income is $1,750,000 and the weighted-average number of shares outstanding is 450,000. The company's price-earnings ratio is equal to:

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

Find the local maximum and minimum values and saddle point(s) of the function. If you have...

Basic Math
Q

Stanley’s Secretarial Services uses an average of 1,215 boxes of envelopes each year. Carrying costs per...

Statistics
Q

At 473 K, for the elementary reaction 2NOCl(g)k1⇌k−12NO(g)+Cl2(g) k1=7.8×10−2L/mols and k−1=4.7×102L2/mol2s A sample of NOCl is placed in...

Chemistry
Q

If you were a defense attorney, would you defend a foreign national who had been charged with...

Psychology
Q

1. Identify key sources of disagreement between Freud and three neo-Freudians and demonstrate how each of...

Psychology
Q

The equity sections from Marshall Group’s 2016 and 2017 year-end balance sheets follow. Stockholders’ Equity (December 31,...

Accounting
Q

bacteria Clostridium is negative or positive for msa plate test

Biology
Q

Consider a circuit of high capacitance and very hight resistance R a battery of emf...

Physics
Q

Is parallelogram CDEF a rhombus C FL yes B no E D

Geometry
Q

Suppose that the expected number of accidents per week at an industrial plant is 4...

Statistics
Q

The Cecil-Booker Vending Company changed its method of valuing inventory from the...

Accounting
Q

Account Debit Credit Cash at bank ...

Accounting