FREE Trial
Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

x = 6 6) The JJ company's 2020 net income is $100000, the dividend payout ratio is 0.x and the number of shares is x0000.

image text in transcribed

x = 6

6) The JJ company's 2020 net income is $100000, the dividend payout ratio is 0.x and the number of shares is x0000. The P/E ratios of the JJ company's competitors are given below. What is the estimated share price for JJ company? (10 pts) Name of the Company P/E Ratio CAS 12.3 PRS 15.7 SBT 192 SLM 9.4 NBD 13.3 XYZ 18.4 ASD 15.3 ola

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

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

Making Sense Of School Finance

Making Sense Of School Finance

Authors: Clinton Born

1st Edition

1475856652, 978-1475856651

More Books

Students also viewed these Finance questions

Question

★★★★★
Multiple Choice Questions 1. Plant assets are: A) Current assets. B) Used in operations. C) Natural resources. D) Long-term investments. E) Intangible. 2. The relevant factor(s) in computing...

Answered: 1 week ago

Question

★★★★★
Given the sweep angle 0 of the delta wing and the aspect ratio , try to prove Given the sweep angle 0 of the delta wing and the aspect ratio , try to prove from the geometric relationship that tan0...

Answered: 1 week ago

Question

★★★★★
A suspension of calcium carbonate particles in water flows through a pipe. Your assignment is to determine both the flow rate and the composition of this slurry. You proceed to collect the stream in...

Answered: 1 week ago

Question

★★★★★
A stock is currently priced at $45 and will move up by a factor of 1.28 or down by a factor of 0.86 each period over each of the next two periods. The risk-free rate of interest is 3 percent. What is...

Answered: 1 week ago

Question

★★★★★
PROBLEM 5PARTNERSHIP (FORM 1065) Ryan Ross (111-11-1112), Oscar Omega (222-22-2223), Clark Carey (333-33-3334), and Kim Kardigan (444-44-4445) are equal active members in ROCK the Ages LLC. ROCK...

Answered: 1 week ago

Question

★★★★★
Statue Corporation's balance sheet at January 1, 20X7, reflected the following balances Assets Cash & Receivables Inventory Land Income Taxes Payable $ 82,000 135,000 67,000 Bonds Payable Buildings &...

Answered: 1 week ago

Question

★★★★★
On June 1, 2024, Ivanhoe, Inc. issued $6,880,000, 6% bonds for $6,743,260, which includes accrued interest. Interest is payable semiannually on February 1 and August 1 with the bonds maturing on...

Answered: 1 week ago

Question

★★★★★
Suppose a firm's net income is $200 and its profit margin is 10%. If the firm is working at 2/3 capacity, then full capacity sales is: A. $1,500 B. $3,000 O C. $1,000 D. $2,000 E. $2,500

Answered: 1 week ago

Question

★★★★★
Myrtle took out a 3-year loan for $2050 at a computer retailer to be paid back with monthly payments at a 12% APR, compounded monthly. If the loan offers no payments for the first 5 months, about how...

Answered: 1 week ago

Question

★★★★★
80. Phanatix, Inc. produces a variety of products that carry the logos of teams in the Southern Football League (SFL). The company recently paid the league $85,000 for the rights to market a popular...

Answered: 1 week ago

Question

★★★★★
7. Understand the challenges of multilingualism.

Answered: 1 week ago

Question

★★★★★
2. Foreigner Labels. Meet in small groups with other class members and generate a list of labels used to refer to people from other countries who come to the United Statesfor example, immigrants and...

Answered: 1 week ago

Question

★★★★★
5. Give examples of variations in contextual rules.

Answered: 1 week ago

Previous Question Next Question