Answered step by step
Verified Expert Solution
Question
1 Approved Answer
QUESTION 7 The common stock of KRJ Enterprises is currently selling for $72.84 per share. Last year the company reported net income of $485 million.
QUESTION 7 The common stock of KRJ Enterprises is currently selling for $72.84 per share. Last year the company reported net income of $485 million. Included on its income statement was total depreciation expense of $145 million. On its cash flow statement the company reported cash flow from operations of $422 million. There were 124 million shares of common stock outstanding. Using the proxy for cash flow, what is the company's cash flow per share? Present your answer to two decimal places. e.g. $20.00. QUESTION 8 The common stock of KRJ Enterprises is currently selling for $60.15 per share. Last year the company reported total earnings of $485 million and there were 101 million shares of common stock outstanding. Total equity was reported on the balance sheet as $522 million. What was the company's price-to-book ratio? Present your answer rounded to two decimal places. e.g. 20.00. QUESTION 9 The common stock of KRJ Enterprises is currently selling for $73.24 per share. Last year the company reported net income of $333 million and there were 59 million shares of common stock outstanding. What was the company's price/earnings ratio? Present your answer to two decimal places. e.g. 20.00
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