Answered step by step
Verified Expert Solution
Question
1 Approved Answer
please show work. thank you in advance Mustaine, Inc., has a current stock price of $46.00. For the past year, the company had net income
please show work. thank you in advance
Mustaine, Inc., has a current stock price of $46.00. For the past year, the company had net income of $6,800,000, total equity of $21,690,000, sales of $40,100,000, and 5.2 million shares of stock outstanding. Requirement 1: What are earnings per share? (Do not round intermediate calculations. Round your answer to 2 decimal places (e.g., 32.16).) Earnings per share Requirement 2: What is the price-earnings ratio? (Enter rounded answer as directed, but do not use the rounded numbers in intermediate calculations. Round your answer to 2 decimal places (e.g., 32.16).) Price-earnings ratio times Requirement 3: What is the price-sales ratio? (Enter rounded answer as directed, but do not use the rounded numbers in intermediate calculations. Round your answer to 2 decimal places (e.g., 32.16).) Price-sales ratio times Requirement 4: What is the book value per share? (Do not round intermediate calculations. Round your answer to 2 decimal places (e.g., 32.16).) Book value per shareStep 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