Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Aug 11, 2024

Hungry Lunch has net income of $ 9 5 7 1 4 , a price - earnings ratio of 1 2 . 6 , and

Hungry Lunch has net income of $

95714,

a price

-

earnings ratio of

12.6,

and earnings per share of $

0.70 .

How many shares of stock are outstanding?

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

Evolutionary Finance

Authors: Bartholomew Frederick Dowling

1st Edition

0230502199, 9780230502192

More Books

Students also viewed these Finance questions

Question

★★★★★

After jettisoning a stage, a rocket has a velocity of + 0.20c relative to the jettisoned stage. An observer on Earth sees the jettisoned stage moving with a velocity of + 7.5 x 107 m/s, relative to...

Answered: 1 week ago

Question

★★★★★

The manager of credit card operations for a small regional bank has determined that last years median credit card balance was $1,989.32. A sample of 18 customer balances this year revealed the...

Answered: 1 week ago

Question

★★★★★

2. The joint probability mass function of the random variables X, Y, Z is $$p(1, 2, 3) = p(2, 1, 1) = p(2, 2, 1) = p(2, 3, 2) = \frac{1}{4}$$, Find (a) E[XYZ], and (b) E[XY + XZ + YZ].

Answered: 1 week ago

Question

★★★★★

Parisian Cosmetics Company is planning a one-month campaign for September to promote sales of one of its two cosmetics products. A total of $140,000 has been budgeted for advertising, contests,...

Answered: 1 week ago

Question

★★★★★

Match the following found on your Dashboard after logging into Canvas: Card view Courses link ( Global Navigation ) Badges Sidebar List view

Answered: 1 week ago

Question

★★★★★

PROBLEM: Difference Quotient Evaluate and simplify + k for A x. The value of k=5

Answered: 1 week ago

Question

★★★★★

At the end of October, Margaretlamented the company's situation: in the middle of production of Sheffield-T's most popular long-sleeve T-shirt, the company ran out of its usual collars, purchased...

Answered: 1 week ago

Question

★★★★★

A student calculated an average value of 4289 for a Boyle's law constant k. Based on the number of significant figures in the measured quantities, how many significant figures should this result have...

Answered: 1 week ago

Question

★★★★★

What is the difference between a population parameter and a sample statistic?

Answered: 1 week ago

Question

★★★★★

a) Batu Kawi and FGB Berhad are operated in the same industry. The table below shows the monthly prices of these two corporations for seven months period (from December 2019 to June 2020). The...

Answered: 1 week ago

Question

★★★★★

1. Research indicates that employee misconduct tends to increase in companies where mergers, acquisitions, and restructurings are under way. Why do you think this happens?

Answered: 1 week ago

Question

★★★★★

2. What steps do you believe the government should take to reinforce the viability of the Sarbanes-Oxley Law?

Answered: 1 week ago

Question

★★★★★

2. If your boss is so demanding that you have to lie to protect family time, will you do it? For example, if you have to miss a staff meeting or refuse a business trip to fulfill the needs of your...

Answered: 1 week ago

Previous Question Next Question