Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. finance
  3. assume that a company's x has the earnings per sha

Assume that a company's X has the earnings per share 7, and its stock price...

90.2K

Verified Solution

Question

Finance

Assume that a company's X has the earnings per share 7, and its stock price is 60 per share. Also, its dividend payout is $2 per share, . What is PE ratio ?

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Biology
1.2K views

Explain why acid-fast stains are useful and why the Gram stain is not used instead?

Psychology
1.2K views

What is stability? A. An Exosystem B. The natural order of the universe C. Important parts of ourselves that make up...

Advance Math
1.2K views

Question B: The following integral is important in a particular geometry problem (you will learn later which...

Advance Math
1.2K views

Let “ ·n” be multiplication modulo n, and consider the set Un = { [a] ?...

Statistics
1.2K views

Use the Grubbs test to determine if one of these values is an outlier What...

Algebra
1.2K views

Given the formula T 8w 2wz solve for z Make sure to use appropriate parenthesis...

Accounting
1.2K views

prepare an equation analysis of the effects of the following transactions on the accounting equation...

Accounting
1.2K views

What legal requirements apply to a record retention policy?

Accounting
1.2K views

The foliowing information is availoble for o company's maintenance cost over the last seven months:...

Accounting
1.2K views

Which of the following is NOT typically associated with better returns to a divestor when...

Accounting
1.2K views

Week 5: Trial Balance, Adjustments, Closing Entries submit your work by the end of Week...

Finance
1.2K views

If the nominal interest rate is 10% and the inflation rate is 2%, what is...