FREE Trial
Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Crab Feast Corp.'s cash flow last year was $119.50 million. The company has 4.96 million shares outstanding. Crab Feast Corp.'s stock price at the end

Crab Feast Corp.'s cash flow last year was $119.50 million. The company has 4.96 million shares outstanding. Crab Feast Corp.'s stock price at the end of last year was $73.78. What is the firm's price-to-cash flow ratio?

Round the answer to two decimal places.

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

Students also viewed these Finance questions

Question

=+c) If so, perform the hypothesis tests and state your conclusions in terms of hourly wages, occupational type, and region.

Answered: 1 week ago

Question

★★★★★
On April 1, 2011, Bay delivers merchandise to Ram for 200,000 pesos when the spot rate for pesos is 6.0496 pesos. The receivable from Ram is due May 30. Also on April 1, Bay hedges its foreign...

Answered: 1 week ago

Question

★★★★★
SS is most likely to create an opportunity for: * a . Developing better technical specifications b . Price minimisation c . Developing better evaluation criteria d . All of the above e . None of the...

Answered: 1 week ago

Question

★★★★★
Victor Rumsfeld Inc.'s dividend policy is under review by its board. Its projected capital budget is $2,000,000, its target capital structure is 60% debt and 40% equity, and its forecasted net income...

Answered: 1 week ago

Question

★★★★★
Which information is required to calculate the Total Amount of Insurance Needed in the Financial Needs Analysis (FNA) section? i. Death Amount, Passive Income, Mortgage Balance ii. Mortgage Balance,...

Answered: 1 week ago

Question

★★★★★
An electronic store sells particular model of a laptop computer. There are only six laptops in stock, and the manager wonders what daily demand for this particular model will be. She learns from the...

Answered: 1 week ago

Question

★★★★★
Suppose that, in each period, the cost of a security either goes up by a factor of u = 2 or down by a factor d = 1/2. Assume the initial price of the security is $100 and that the interest rate r is...

Answered: 1 week ago

Question

★★★★★
Sarik was surprised by how many conversations it took to make a deal with CorpCo. What pitfall did Sarik experience?

Answered: 1 week ago

Question

★★★★★
I am responsible for paying all the bills at my company. I notice that we, the buyers, have received a shipment for which the bill of lading says, "freight prepaid". Am I correct that we will be...

Answered: 1 week ago

Previous Question Next Question