Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Jul 30, 2024

The bigfoot company is small and privately owned firm. Last years income was 15.000 dollar and 10.000 shares were outstanding. The owners were willling to

The bigfoot company is small and privately owned firm. Last years income was 15.000 dollar and 10.000 shares were outstanding. The owners were willling to determine the value of the firm before public offering. The industry average P/E is 5.0 . Estimate the value of firm's one share

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

Students also viewed these Finance questions

Question

For the renewal process whose interarrival times are uniformly distributed over (0, 1), determine the expected time from t = 1 until the next renewal.

Answered: 1 week ago

Question

★★★★★

On August 1, 2010, Sietens Corporation had the following account balances: Raw Material Inventory (both direct and indirect) .... $72,000 Work in Process Inventory ............. 108,000 Finished...

Answered: 1 week ago

Question

★★★★★

Ashley saved $5,000 for a down payment on a new car. If she budgets $250 a month for a five-year loan at 4% APR, how much can she spend on a new car?

Answered: 1 week ago

Question

★★★★★

v > canvas.ust.hk C + 88 Syllabus for COMP1001 (L1) - Exploring Multimedia and Internet Computing HKUST Canvas - Quiz: Exam 1 Z Launch Meeting - Zoom 2021-22 SPRING Work in Process: January 1 118...

Answered: 1 week ago

Question

★★★★★

9. Find the force between two charged balls kept 0.1 m 80 apart with charges 10C and 160 10C 3 3 respectively. What would be the force between them if they are connected with a conducting wire for a...

Answered: 1 week ago

Question

★★★★★

Example 6-Basic EPS Ruth makes up its accounts to 30 June each year. On 1 July 20X5 Ruth has 500 million ordinary shares in issue. Profits for the year to 30 June 20X6 were $250m. There were no...

Answered: 1 week ago

Question

★★★★★

1. Study the Safety Audit Report (Appendix 1, Lesson 3-1) and the Safety Assessment Questionnaire (Appendix 2, Lesson 3-1) and complete the following: (i) Compare the following common areas data...

Answered: 1 week ago

Question

★★★★★

Three former college classmates have decided to pool a variety of work experiences by opening a store near campus to sell wireless equipment to students. The business has been incorporated as...

Answered: 1 week ago

Question

★★★★★

The charges q and 2 q of mass 2 m and mare separated at a distance, so that they feel no kind of force. Then, find the ratio of 9 m (U.P.S.EE)

Answered: 1 week ago

Previous Question Next Question