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 11. Company Xz P/E is 3. The sum total of the post tax

From the following information of two companies. Company Xy P/E ratio is 11. Company Xz P/E is 3. The sum total of the post tax earnings of the above mentioned companies are dollar 1362027. 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

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

The Emotion Behind Money Building Wealth From The Inside Out

The Emotion Behind Money Building Wealth From The Inside Out

Authors: Julie M. Murphy

1st Edition

979-8598954188

More Books

Students also viewed these Finance questions

Question

★★★★★
The amount of cola in a 12-ounce can is uniformly distributed between 11.96 ounces and 12.05 ounces. a. What is the mean amount per can? b. What is the standard deviation amount per can? c. What is...

Answered: 1 week ago

Question

★★★★★
What is a segment margin? How does it differ from a contribution margin ?

Answered: 1 week ago

Question

★★★★★
1. LO 16.1 Explain the effect of financial leverage.

Answered: 1 week ago

Question

★★★★★
Using the spreadsheet below, calculate a. Total returns for the S&P 500 for each year from 1991 through 2010. b. Cumulative wealth for the first 10 years (1991-2000) and for the second 10 years...

Answered: 1 week ago

Question

★★★★★
From the following information of two companies. Company Xy P/E ratio is 11. Company Xz P/E is 3. The sum total of the post tax earnings of the above mentioned companies are dollar 1362027. Assume...

Answered: 1 week ago

Question

★★★★★
Make a free trial account on https://instagantt.com/ and set up project with as much detail as possible, including timelines, responsibilities and dependencies. Find details of the projects below: -...

Answered: 1 week ago

Question

★★★★★
Question 1 (13 pts) Read the following and use it to answer the following questions: James owns a factory that produces fuel from bio waste and sells the fuel to the agricultural industry. He holds a...

Answered: 1 week ago

Question

★★★★★
1)Breakeven point: Algebraic and graphicalFine Leather Enterprises sells its single product for $129.00 per unit. The firm's fixed operating costs are $473,000 annually, and its variable operating...

Answered: 1 week ago

Question

★★★★★
13. Jose is 35 years old, and makes $40,000 per year. If he dies, how much would the beneficiaries of his life insurance policy receive if they can get by on 75% of his income?

Answered: 1 week ago

Question

★★★★★
Cookie Business In this project, you will be opening your own specialty cookie company to see how product costing methods and changes in production affect business decisions. You will be creating a...

Answered: 1 week ago

Question

★★★★★
The probability of event "A" is 50%. The probability of event "B" is 20%. "A" and "B" are two independent events. What is the probability of observing "A" and "B"?

Answered: 1 week ago

Previous Question Next Question