In 2015, the Swedish bank, Nordicbank, had a priceearnings ratio of 6.35. If the firms share price
Question:
In 2015, the Swedish bank, Nordicbank, had a price–earnings ratio of 6.35. If the firm’s share price was SKr71.70, what was its earnings per share?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 66% (3 reviews)
The priceearnings ratio PE ratio is calculated as the ratio of the market price pe...View the full answer
Answered By
Deborah Joseph
My experience has a tutor has helped me with learning and relearning. You learn everyday actually and there are changes that are made to the curriculum every time so being a tutor has helped in keeping me updated about the present curriculum and all.
I have also been able to help over 100 students achieve better grades particularly in the categories of Math and Biology both in their internal examinations and external examinations.
5.00+
2+ Reviews
10+ Question Solved
Related Book For
Corporate Finance
ISBN: 9780077173630
3rd Edition
Authors: David Hillier, Stephen A. Ross, Randolph W. Westerfield, Bradford D. Jordan, Jeffrey F. Jaffe
Question Posted:
Students also viewed these Business questions
-
The Emerson Electric Company (EMR) was founded in 1890 and is located in St. Louis, Missouri. The firm provides product technologies and engineering services for industrial, commercial, and consumer...
-
Intel Corporation is a leading manufacturer of semiconductor chips. The firm was incorporated in 1968 in Santa Clara, California, and represents one of the greatest success stories of the computer...
-
6. Critics have described this documentary as being exploitative of trans people of colo particularly because the filmmaker was white and profited off trans narratives while many subjects died in...
-
ABC Corporation earned $300,000 in profit in the current tax year, which is significantly higher than its previous year's earnings. Thus, its shareholders expected large dividends in the current...
-
Green Company's common stock is currently selling at $24.00 per share. The company recently paid dividends of $1.92 per share and projects growth at a rate of 4%. At this rate, what is thestock's...
-
Perreth Dry Cleaners has capacity to clean up to 5,000 garments per month. Requirements 1. Complete the following schedule for the three volumes shown. 2. Why does the average cost per garment...
-
List the sample space.
-
True or False: If they could, the customers of an ordinary (non-price-discriminating, non-admission-charging) monopolist would get together and bribe the monopolist to charge lower prices. Justify...
-
need help ASAP - will give thumbs up thank you! Use the following table of risk adjustment coefficients. And remember that the risk adjustment coefficients reflect the relative expected costs to the...
-
Your company has just sealed a deal to sell a tract of land with accompanying warehouse for 3.2 million. This is significantly lower than the 7 million your firm paid when the plot was purchased at...
-
In 2015, the UK insurance firm, Wheeler & Fox, had revenue of 38,440 million, total expenses of 37,133 million, tax of 487 million and zero depreciation. What is the net income for the firm? Wheeler...
-
Briefly explain the accounting and reporting for loss contingencies.
-
1. The KYM company wants to invest $ 523,000 pesos in the bank that guarantees a simple interest rate of 3.32% quarterly. If the company is considering the 8-month investment. What amount will you...
-
3. (5 points) The uncertainty principle limits our ability to determine simultaneously the position and momentum of a particle. (a) Why were classical physicists unaware of the limitations that this...
-
CASE STUDY Patient Name Valarie Ramirez Attending Paul F. Buckwalter, MD PATIENT INFORMATION DOB 08/04/1986 Allergies MAN 00-AA-006 Penicillin Other Information Past HX: AB x1 Valarie Ramirez arrives...
-
Petesy Corporation is preparing its Master Budget for 2019. Budget information is as follows: SalesProduction CostOperating Expenses 20191 st Quarter P280,000P192,000P64,000 2 nd Quarter 320,000...
-
A steady flow of 20 m3/s of moist air at TDB = 35iC, TWB = 25iC, 100 kPa (state 1) is dehumidified by first cooling it and condensing out moisture (state 2), then reheating it to 20iC and 50% R.H....
-
What is the pH of a buffer solution that is 0.10 M NH3 and 0.10 M NH4+? What is the pH if 12 mL of 0.20 M hydrochloric acid is added to 125 mL of buffer?
-
In Problems 718, write the augmented matrix of the given system of equations. f0.01x0.03y = 0.06 [0.13x + 0.10y = 0.20
-
Du Pont Identity If Roten Rooters, Inc., has an equity multiplier of 1.35, total asset turn-over of 1.30, and a profit margin of 8.5 percent, what is its ROE?
-
Du Pont Identity Braam Fire Prevention Corp. has a profit margin of 8.70 percent. Total asset turnover of 1.45, and ROE of 18.67 percent. What is this firms debt-equity ratio?
-
Sources and Uses of Cash Based only on the following information for Angkaw Corp., did cash go up or down? By how much classify each event as a source or use of cash. Decrease in inventory $400...
-
What is Coke's average ownership percentage in its equity method investments? Goodwill is 7000 Calculate the firm's current ratio (current assets/current liabilities). Calculate the current ratio...
-
John has to choose between Project A and Project B, which are mutually exclusive. Project A has an initial cost of $30,000 and an internal rate of return of 16 percent. Project B has an initial cost...
-
Complete the table below, for the above transactions
Study smarter with the SolutionInn App