Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

XYZ firm reported net income of $4.45bn and revenues of $89.0bn over the most recent twelve-month period. The current market capitalization for XYZ firm is

XYZ firm reported net income of $4.45bn and revenues of $89.0bn over the most recent twelve-month period. The current market capitalization for XYZ firm is $827.3bn. What is XYZ firm's P/S ratio

Step by Step Solution

There are 3 Steps involved in it

Step: 1

So XYZ firms PricetoSales PS ratio is 930 This indicates that inv... 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

Cost Accounting

Authors: William K. Carter

14th edition

759338094, 978-0759338098

More Books

Students also viewed these Finance questions

Question

What do you mean by dual mode operation?

Answered: 1 week ago

Question

Explain the difference between `==` and `===` in JavaScript.

Answered: 1 week ago