Question
1.) Target Corporation's current stock price is $186 per share, resulting in a current market capitalization (market value of equity) of $93 billion. The company's
1.) Target Corporation's current stock price is $186 per share, resulting in a current market capitalization (market value of equity) of $93 billion. The company's PE ratio is reported at 24.7 (trailing twelve months).Based on this, what was Target's earnings per share in the last twelve months?
2.) Sneaky Corp has 2 million shares outstanding, currently selling at $48 per share. In its latest financial statement, total assets were $150 million and total debt was $60 million. What was Sneaky Corp's Market to Book ratio?
Step by Step Solution
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1 To calculate Target Corporations earnings per share EPS in the last twelve months we can use the f...
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Smith and Roberson Business Law
Authors: Richard A. Mann, Barry S. Roberts
15th Edition
1285141903, 1285141903, 9781285141909, 978-0538473637
