Answered step by step
Verified Expert Solution
Question
1 Approved Answer
please help, asap. 1. Bar Rook Inc. has annual sales of $220,000 with 10,000 shares of stock outstanding. The firm has a profit margin of
please help, asap.
1. Bar Rook Inc. has annual sales of $220,000 with 10,000 shares of stock outstanding. The firm has a profit margin of 6 percent and a price-sales (price divided by sales per share) ratio of 1.50. What is the firm's price-earnings ratio?
2. Y Hotels and Resorts has a bond issue outstanding that pays an 4.5 percent coupon and matures in 16.5 years. The bonds have a par value of $1,000 and a market price of $944.30. Interest is paid semiannually. What is the yield to maturity?
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