Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Aug 08, 2024

Please answer the questions in details with a clear answer. If you dont know the answer please DO NOT ANSWER. Thank you! 4. Discount Mart

Please answer the questions in details with a clear answer. If you dont know the answer please DO NOT ANSWER. Thank you! image text in transcribed

4. Discount Mart has 876,400 in sales. The profit margin is 3.8 percent. There are 32,500 shares of stock outstanding. The market price per share is 21.60. What is the price- earnings ratio? (5 points)

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

Entrepreneurial Finance Venture Capital Deal Structure And Valuation

Authors: Janet Kiholm Smith, Richard L. Smith

2nd Edition

1503603210, 978-1503603219

More Books

Students also viewed these Finance questions

Question

★★★★★

It is well-known that cold air feels much colder in windy weather than what the thermometer reading indicates because of the "chilling effect" of the wind. This effect is due to the increase in the...

Answered: 1 week ago

Question

★★★★★

1 1. Invades subordinates' privacy

Answered: 1 week ago

Question

★★★★★

Are summer stipends available?

Answered: 1 week ago

Question

★★★★★

The March 31, 2020, adjusted trial balance for Amusement Park Repair is shown below with accounts in alphabetical order. Required Preparation Component: a. Place an X in the space provided beside...

Answered: 1 week ago

Question

★★★★★

1. From Jan 2008 to Jan 2009 the British pound to U. S. dollar exchange rate increased from 1.9702 pounds per dollar to 1.4462 pounds per dollar. A U. S. based investor buys a one-year pound...

Answered: 1 week ago

Question

★★★★★

Nicolas Drinks Inc. (Nicolas) manufactures fizzy drinks such as cola and lemonade as well as other soft drinks and its year end is 31 December 2017. You are the audit manager of B&J CPAs LL.P. and...

Answered: 1 week ago

Question

★★★★★

Input values to the quiz 3.5 1.5 0.8 Solve the problem below and enter answers in first row above. Do NOT enter units or any other tex A simply supported beam carrying a triangular distributed load...

Answered: 1 week ago

Question

★★★★★

Consider a plate of 2.4 m x 3.0 m shown below. First, find the temperature distribution at the interior nodes using a square grid with a length of 0.1 m and a relative error of 1E-6 for the case in...

Answered: 1 week ago

Question

★★★★★

I. What is business analysis? and how it is helpful for organizations? II. What does enterprise content management involve? III. What is business process management? IV. Outline the key benefits of...

Answered: 1 week ago

Question

★★★★★

MRO and Logistics Management Describe an MRO's procurement application of logistics and supply chain management. Describe ways to reduce hidden costs in MRO's logistics. Explain the differences...

Answered: 1 week ago

Question

★★★★★

a) In each of the following plots, a training dataset of data points X in R^2 labeled either + or - is given, where the original features are the coordinates (x,y). You can assume that the data is...

Answered: 1 week ago

Question

★★★★★

In general, what can Jennifer doto improve her employee interviewing practices? Should she develop interview forms that list questions for management and nonmanagement jobs? If so, how should these...

Answered: 1 week ago

Question

★★★★★

First, how would you recommend the Carters go about reducing the turnover in their stores? What is the main issue that Jennifer and Jack face in run-ning their business? Their answer is quick and...

Answered: 1 week ago

Question

★★★★★

What are the advantages and disadvantages to Jen-nifers company of routinely administering honesty tests to all its employees? Jennifer Carter, of the Carter Cleaning Centres, and Jack have what the...

Answered: 1 week ago

Previous Question Next Question