Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Jul 13, 2024

WT stock has a payout ratio of 27% and just paid a dividend of $0.66/share. If the current market price of WT is $81.12/share, what

WT stock has a payout ratio of 27% and just paid a dividend of $0.66/share. If the current market price of WT is $81.12/share, what is the current P/E ratio of WT? Round your answer to the nearest two decimal places.

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

Venture Capital And The Finance Of Innovation

Authors: Andrew Metrick, Ayako Yasuda

3rd Edition

1119490111, 978-1119490111

More Books

Students also viewed these Finance questions

Question

★★★★★

In a recent press release, the president of Anwar Inc. stated that something has to be done about depreciation. The president said, "Depreciation does not come close to accumulating the cash needed...

Answered: 1 week ago

Question

★★★★★

For each of the following, identify whether or not the amount should be included in the statement of financial position line. "Cash and cash equivalents" as at the company's June 30 year end. (a)...

Answered: 1 week ago

Question

★★★★★

In the article Dialyzable free cortisol after stimulation with synacthen published in the journal Clinical Biochemistry (Vogeser et al., 2002), the authors reported the raw data given in Table 6.9 on...

Answered: 1 week ago

Question

★★★★★

The King Construction Company began work on a contract in 2007. The contract price is $4,000,000, and the company uses the percentage-of-completion method. Other information relating to the contract...

Answered: 1 week ago

Question

★★★★★

Pet Supply purchased $62,800 of fixed assets two years ago. The company no longer needs these assets so it is going to sell them today for $29,500. The assets are classified as five-year property for...

Answered: 1 week ago

Question

★★★★★

Write an algorithm to find longest common subsequence that runs in approximately O(n 2 ). Show how to improve it to O(nlog 2 n).

Answered: 1 week ago

Question

★★★★★

PLEASE ANSWER PROBLEM 3. IT HAS 15 QUESTIONS Introduction to Cost Accounting and Cost Accounting Cycle 7. Utility costs were incurred in the factory, P450,000. 8. Advertising costs paid, P2,250,000....

Answered: 1 week ago

Question

★★★★★

Identifies process strategies most useful for a window manufacture by using the tools of process analysis. Then Identify recent advances in production technology that would be useful in the window...

Answered: 1 week ago

Question

★★★★★

Mini-Case B (7 marks) Like every Canadian couple, Amira and Owen carry quite a lot of debt. . Three years ago, Amira purchased a Subaru Outback costing $34,750 before sales tax of 15%, with a $5,000...

Answered: 1 week ago

Question

★★★★★

1. Use the experimental data below to produce a graph that effectively conveys the information. 2. Answer the questions below. Number of kinds of colonies Number of kinds of colonies Test subject...

Answered: 1 week ago

Question

★★★★★

Amesbury Construction assembles residential houses. It uses a job-costing system with two direct-cost categories (direct materials and direct labor) and one indirect-cost pool (assembly support)....

Answered: 1 week ago

Question

★★★★★

What were the reasons behind Stavross decision to exclude HRM? Was it justifiable at the early stages of his business?

Answered: 1 week ago

Question

★★★★★

To understand the obstacles for an HRM professional in an SME context.

Answered: 1 week ago

Question

★★★★★

To understand the reasons and tensions that explain HRM exclusion from business functions.

Answered: 1 week ago

Previous Question Next Question