Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Sep 21, 2024

A company has a price to sales ratio of 5.2, annual sales of $2,000,000 and 50,000,000 shafts of common stock outstanding. Find its stock price

A company has a price to sales ratio of 5.2, annual sales of $2,000,000 and 50,000,000 shafts of common stock outstanding. Find its stock price using the P/S ratio method

Step by Step Solution

There are 3 Steps involved in it

Step: 1

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

Step: 3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

QlikView For Finance

Authors: B. Diane Blackwood

1st Edition

1784395749, 978-1784395742

More Books

Students also viewed these Finance questions

Question

★★★★★

Sketch the curve with the given polar equation by first sketching the graph of r as a function of in Cartesion coordinates. (a) r = cos 4 (b) r = 1 - 2sin

Answered: 1 week ago

Question

★★★★★

Exercise 5-13 Changes in Selling Price, Sales Volume, Variable Cost per unit, and Total Fixed Costs Exercise 5-13 Changes in Selling Price, Sales Volume, Variable Cost per Unit, and Total Fixed Costs...

Answered: 1 week ago

Question

★★★★★

4.12 Verify the proof of Theorem 4.9.2 for the subset expansion of a negative potential function.

Answered: 1 week ago

Question

★★★★★

Part I of this case, presented in Chapter 3, discussed the situation of D'Leon Inc., a regional snack foods producer, after an expansion program. D'Leon had increased plant capacity and undertaken a...

Answered: 1 week ago

Question

★★★★★

A company has a price to sales ratio of 5.2, annual sales of $2,000,000 and 50,000,000 shafts of common stock outstanding. Find its stock price using the P/S ratio method

Answered: 1 week ago

Question

★★★★★

Elassar is an entrepreneur who wanted to get three commercial giants in Metro manila. He started a new business called El Mart, which used the internet and landline as well as cellphones to take...

Answered: 1 week ago

Question

★★★★★

1. Backspace String Compare Two strings are said to be the same if they are of the same length and have the same character at each index. Backspacing in a string removes the previous character in the...

Answered: 1 week ago

Question

★★★★★

What benefit does certification offer within the context of secure disposal and decommissioning of assets? A.It establishes policies and practices governing the storage and preservation of...

Answered: 1 week ago

Question

★★★★★

Cahya is an executive at a pharmaceutical company, and is leading the change effort for vaccine manufacturing. As she navigates this change with employees, what should she take into consideration?...

Answered: 1 week ago

Question

★★★★★

Juring a status review meeting for the project you are managing the customer asked whether your company's work complied with all government regulations One of your team members said "Yes". But you...

Answered: 1 week ago

Question

★★★★★

The judge in State v. Baker case has hired you as an expert to write a detailed report to help the judge understand the issues to which the experts will be testifying in the upcoming trial.The report...

Answered: 1 week ago

Question

★★★★★

Are my points each supported by at least two subpoints?

Answered: 1 week ago

Question

★★★★★

Have I worked oral citations into my outline to avoid unintentional plagiarism?

Answered: 1 week ago

Question

★★★★★

Take a look at your research. Of all the evidence you have gathered for your speech, what jumps out at you? Did you come across any statistics that shocked you? Did you encounter any individuals...

Answered: 1 week ago

Previous Question Next Question