P7.4 (similar to) Question Help The Amherst Company has a net profits of $11 million,...

90.2K

Verified Solution

Question

Finance

image
P7.4 (similar to) Question Help The Amherst Company has a net profits of $11 million, sales of $170 million, and 3.6 million shares of common stock outstanding. The company has total assets of $90 million and total stockholders' equity of $44 million. It pays $1.53 per share in common dividends, and the stock trades at $28 per share. Given this information, determine the following: a. Amherst's EPS b. Amherst's book value per share and price-to-book-value ratio. c. The firm's P/E ratio, d. The company's net profit margin e. The stock's dividend payout ratio and its dividend yield. f. The stock's PEG ratio, given that the company's earnings have been growing at an average annual rate of 7.4%. a. Amherst's EPS is $ (Round to the nearest cent.)

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