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

Question

1 Approved Answer

From the following information of two companies. Company Xy P/E ratio is 10. Company Xz P/E is 8. The sum total of the post tax

image text in transcribed
From the following information of two companies. Company Xy P/E ratio is 10. Company Xz P/E is 8. The sum total of the post tax earnings of the above mentioned companies are dollar 1097294. Assume the sales $3000000 Compute the market value of two companies

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_2

Step: 3

blur-text-image_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

The Finance Acts Of 1915 And 1916 An Annotated Reprint Of The Income Tax Provisions Of The New Acts

The Finance Acts Of 1915 And 1916 An Annotated Reprint Of The Income Tax Provisions Of The New Acts

Authors: Great Britain. Accountant

1st Edition

1177442906, 9781177442909

More Books

Students also viewed these Finance questions

Question

★★★★★
Find the margin of error for a poll, assuming that = 50. a. n = 50 b. n = 200 c. n = 500 d. n = 2,000

Answered: 1 week ago

Question

★★★★★
Tony is offering Phil two repayment plans for a long overdue loan Offer 1 is a visit from an enforcer and the debt is due in full at once. Offer 2 is to pay back $4,000 at the end of each year at 15%...

Answered: 1 week ago

Question

★★★★★
3. Which kind of profit is just enough to keep a firm operating in the long run? a. normal b. economic c. accounting d. implicit e. explicit

Answered: 1 week ago

Question

★★★★★
On April 17, 2013, the Loadstone Mining Company purchased the rights to a coal mine. The purchase price plus additional costs necessary to prepare the mine for extraction of the coal totaled...

Answered: 1 week ago

Question

★★★★★
From the following information of two companies. Company Xy P/E ratio is 10. Company Xz P/E is 8. The sum total of the post tax earnings of the above mentioned companies are dollar 1097294. Assume...

Answered: 1 week ago

Question

★★★★★
Macie has $7,650 that she can invest for 30 years towards her retirement. Her two options are the following (1) A certificate of deposit that earns 7.5%, weekly compounding, or (2) a mutual fund that...

Answered: 1 week ago

Question

★★★★★
K For the plane curve, (a) graph the curve, and (b) find a rectangular equation for the curve. x=5 cott, y=2 csc t, for t in (0,) (a) Choose the correct graph below. A. OB. EXT -10 40 ETO X 10 X Q G...

Answered: 1 week ago

Question

★★★★★
The company ATAS is a producer of packaging. They have the following costs. Storage costs: 1,650,000/year Fixed costs: 8,000/year per truck Variable costs: 100/trip Every truck makes 150 trips per...

Answered: 1 week ago

Question

★★★★★
1) Split the hydro cost between fixed and variable components using the Hi-Low Method. State your answer as the equation of the line. 2) Use the equation to forecast electricity cost if we make...

Answered: 1 week ago

Question

★★★★★
Overall performance of Better Beauty, Inc was not good, one reason being that the company was missing its cost improvements target by substantial margins. One major Cost Improvement Program, known as...

Answered: 1 week ago

Question

★★★★★
Suppose Home and Foreign both only produce bikes and ropes for climbing. Precisely their production possibilities are characterized by the following table (which assumes that both countries use all...

Answered: 1 week ago

Previous Question Next Question