Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Jul 19, 2024

Sankey Co. has earnings per share of $4.25. The benchmark PE is 19.4 times. What stock price would you consider appropriate? Multiple Choice $64.05 $43.82

Sankey Co. has earnings per share of $4.25. The benchmark PE is 19.4 times. What stock price would you consider appropriate?

Multiple Choice

$64.05

$43.82

$82.45

$45.65

$23.65

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

Foundations In Personal Finance

Authors: Dave Ramsey

3rd Edition

1936948524, 978-1936948529

More Books

Students also viewed these Finance questions

Question

★★★★★

Identify the key factors that need to be considered when setting up a monitoring system.

Answered: 1 week ago

Question

★★★★★

Find the short circuit current The circuit you should use to find the short circuit current, i sc, is shown here. Note that the load resistor to the right of the terminals a-b has been replaced by a...

Answered: 1 week ago

Question

★★★★★

According to Mary Calkins, how might structuralism and functionalism be reconciled?

Answered: 1 week ago

Question

★★★★★

Ethics and pricing. Baker, Inc., is preparing to submit a bid for a ball-bearings order. Greg Lazarus, controller of the Bearings Division of Baker, has asked John Decker, the cost analyst to prepare...

Answered: 1 week ago

Question

★★★★★

(5) Derive a "rule of n" to approximate the length of time it takes for money to triple. As in the derivation of the "rule of seventy-two," your rule should be derived to give an especially good...

Answered: 1 week ago

Question

★★★★★

1. Start Excel open the student data file Excel02_Expenditures, and then compare your screen with Figure 1. When columns in a worksheet are not wide enough, the labels in the cells will be truncated...

Answered: 1 week ago

Question

★★★★★

You are Jill Bradley, the chief technology officer (CTO) for OnlineRetailCo (ORC). This makes you the top IT executive at the company. You have been in your position for just six months. ORC is a...

Answered: 1 week ago

Question

★★★★★

A restaurant chain claims that it serves its customers in exactly 15 minutes after an order is placed. However, customers from one of its outlets have been complaining that this is not true....

Answered: 1 week ago

Question

★★★★★

Time remaining 01:05:54 Question 13 of 40 Which brief conversation best illustrates the SCQA method of presentation? Question 12 "We should ask ET Diner to cater our next meeting. It has chicken...

Answered: 1 week ago

Question

★★★★★

Students in grades 1-3 use number sense when they Students in grades 1-3 use number sense when they locate and report the percentages of sugar and fat in specific foods. draw equipment used in...

Answered: 1 week ago

Question

★★★★★

Question 4 [Soalan 41 Table 4.1 shows the means of the yield of cucumbers (kg) for different types of fertilizer to the nutrient concentration levels. [Jadual 4.1 dibawah menunjukkan purata hasil...

Answered: 1 week ago

Question

★★★★★

Gain HRM-relevant knowledge about the challenges of the lingerie industry.

Answered: 1 week ago

Question

★★★★★

Understand why firms should adopt and implement HRM practices that are specifically designed to foster an age-diverse workplace.

Answered: 1 week ago

Question

★★★★★

What positive outcomes could emerge for Company A in the long term after the implementation of the AC for senior leaders?

Answered: 1 week ago

Previous Question Next Question