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

Question

1 Approved Answer

I need clarification for the answer please, 73. A company eamed a net profit of Rs. 650,000 ; its sales are Rs. 5,200,000; the numbers

I need clarification for the answer please, image text in transcribed
73. A company eamed a net profit of Rs. 650,000 ; its sales are Rs. 5,200,000; the numbers of equity shares outstanding are 130,000 and the market price of its equity share is Rs. 200. What is the company's price to sales per share ratio? a. 65.07 b. 5 c. 40.63 d. Insufficient information

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 Handbook Of Financial Instruments

The Handbook Of Financial Instruments

Authors: Frank J. Fabozzi

1st Edition

0471220922, 978-0471220923

More Books

Students also viewed these Finance questions

Question

★★★★★
What is the difference between sensitivity analysis and scenario analysis?

Answered: 1 week ago

Question

★★★★★
If 1 kg of 100% dry rice husks are burned with totally dry air, how many moles of water would come out with the combustion gases? Answer: 28.5 No more information is given.Problem is designed to be...

Answered: 1 week ago

Question

★★★★★
Construct questions to ask currently enrolled students (your customers). Sample questions might include: a. Why did you choose this college? b. How can this college be improved? c. What products or...

Answered: 1 week ago

Question

★★★★★
How else can Best Buy compete against new competitors like Walmart and online companies?

Answered: 1 week ago

Question

★★★★★
I need clarification for the answer please, 73. A company eamed a net profit of Rs. 650,000 ; its sales are Rs. 5,200,000; the numbers of equity shares outstanding are 130,000 and the market price of...

Answered: 1 week ago

Question

★★★★★
27-3 February 2019. On January 1, 2019, Parsons Company purchased $84,000,10 year, 7% government bonds at 100 . The semi-annual interest payment dates are June 30 and December 31.Journalize the...

Answered: 1 week ago

Question

★★★★★
Lila invested $10,000 in one of Long Life Insurance Company's annuity contracts. When issued, the contract was paying a 5 percent rate of return. Two years later, Long Life increased this rate to 7...

Answered: 1 week ago

Question

★★★★★
Write a brief summary or outline of the three (3) most important mathematical concepts worked on during the week and post it on this forum. Remember to include the topic of the line graph and how it...

Answered: 1 week ago

Question

★★★★★
# 3 [36.33] A cracked beam is similar in geometry to that of Problem #1 except that the vertical location of the crack is arbitrary at position y from the centerline. The applied load is uniformly...

Answered: 1 week ago

Question

★★★★★
High Mountain Orthodontics and Cosmetic Dentistry is filling a new position for a Risk Manager and human resources has asked for your help to write a job description. Use the Risk Manager description...

Answered: 1 week ago

Question

★★★★★
2. (5 points) West Virginia has one of the highest divorce rates in the nation with an annual rate of approximately 5 divorces per 1000 couples. The Marital Counseling Center, Inc. (MCC) thinks that...

Answered: 1 week ago

Question

★★★★★
4. How has e-commerce affected business-to-business transactions?

Answered: 1 week ago

Question

★★★★★
1. How important is mobile technology in Orbitzs business strategy? Why? When it comes to mobile apps and gauging their impact on consumers and business, the online travel industry and its airline...

Answered: 1 week ago

Question

★★★★★
1. Analyze Pandora using the value chain and competitive forces models. What competitive forces does the company have to deal with? What is its customer value proposition? Pandora is the Internets...

Answered: 1 week ago

Previous Question Next Question