Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Ames, Inc., has a current stock price of $42.50. For the past year, the company had net income of $7,150,000, total equity of $21,760,000, sales

image text in transcribed

Ames, Inc., has a current stock price of $42.50. For the past year, the company had net income of $7,150,000, total equity of $21,760,000, sales of $40,800,000, and 5.9 million shares of stock outstanding What are earnings per share (EPS)? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) Earninga per share What is the price-eanings ratio? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) Price-earnings ratio What is the price-sales ratio? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g, 32.16.) Price-sales ratio What is the book value per share? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) Book value per share What is the market-to-book ratio? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) Market-to-book ratio times times times

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

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

Step: 2

blur-text-image

Step: 3

blur-text-image

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

Inside And Outside Liquidity

Authors: Bengt Holmstroem, Jean Tirole

1st Edition

0262518538, 9780262518536

More Books

Students also viewed these Finance questions

Question

How do you calculate a conditional row percent?

Answered: 1 week ago