1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Dvinal [7]
1 year ago
12

Company XYZ closed at ​$46.07 per share with a​ P/E ratio of 16.66. Answer the following questions.

Mathematics
1 answer:
Andrew [12]1 year ago
8 0

The amount of  earnings per share is $2.77.

<h3>Earnings per share</h3>

a. Earnings per share = price per share / (P/E) ratio

Earnings per share =   ​$46.07 / 16.66

Earnings per share=  $2.77

B. Overpriced or underpriced stock

At P/E ratio = 12

Earnings per share = ​$46.07  / 12

Earnings per share = $3.84

Earning yield = ( Earning per share / market value )× 100

Earning yield =  (3.84 /  ​$46.07   ) × 100

Earning yield  = 8.34%

At P/E ratio = 13

Earnings per share = ​$46.07  / 13

Earnings per share = $3.54

Earning Yield= (3.54 / 46.07 ) × 100

Earning Yield= 7.68%

At P/E ratio = 14

Earnings per share = ​$46.07 / 14

Earnings per share = $ 3.3

Earnings yield= ( 3.3 / 46.07 )×100

Earnings yield= 7.16%

Average of  earning yield given P/E ratio is 12-14

Average of  earning yield= ( 8.34 + 7.68 + 7.16 ) / 3

Average of  earning yield= 7.73%

Earning yield =  ( Earning per share / market value ) × 100

Earning yield= ( 2.77 / 46.07 ) ×100

Earning yield = 6.01%

Hence, Based on the above the stock is underpriced.

Learn more about earning per share here:brainly.com/question/18372069

#SPJ1

You might be interested in
A rectangle has an area of 20 square feet a similar rectangle has an area of 180 square feet what is ratio of the areas of these
Evgen [1.6K]

Answer:

The ratio of the areas of the smaller rectangle to the larger rectangle is  \frac{1}{9}

Step-by-step explanation:

we know that

if two figures are similar, then the ratio of its areas is equal to the scale factor squared

Let

z-----> the scale factor

x-----> the area of the smaller rectangle

y----> the area of the larger rectangle

so

z^{2}=\frac{x}{y}

substitute the values

z^{2}=\frac{20}{180}

simplify

z^{2}=\frac{1}{9}

That means, the area of the larger rectangle is 9 times the area of the smaller rectangle

z=\frac{1}{3} ------> the scale factor

That means, the dimensions of the larger rectangle is 3 times the dimensions of the smaller rectangle

7 0
3 years ago
Ax+c=r Solve for x<br> Need help can anybody help?
kkurt [141]
What are the numbers for the other ones?
4 0
3 years ago
Read 2 more answers
3. How many 1/8's are in 1 1/4?
Murrr4er [49]

Answer:

10

Step-by-step explanation:

There are two 1/8 in one 1/4. There are eight 1/8 in 1. 8/8 + 1/8 + 1/8 = ten 1/8.

3 0
3 years ago
Help me on this question please​
Luba_88 [7]
Sorry hun I’ve never learned that
5 0
2 years ago
Herber read a total of 36pages in 2 hours. Later on, he read 90 pages in 5 hours. How many pages did Herber read each hour.
Lady_Fox [76]

Answer:

18 pages per hour.

If you do 36 (the pages/amount) divided by 2 (The time), you get 18.

To double check, when you do 90 (The pages/amount) divided by 5 ( The time), then you get 18 again.

Therefore the answer is 18 pages per hour.

(The upcoming and this sentence is pre-written and copy and pasted in every brainly question or comment I write or answer.) If this answer helped you please consider giving it brainliest. If my answer was wrong and you got marked wrong for it, I deeply apologize and hope you will forgive me, since everyone makes mistakes sometimes. If you need me to elaborate on my answer or give further explanation on it, please ask and I will do so. If you need to explain your reasoning on your work feel free to use my words- word for word- without crediting me, the answer was made for you anyways! Hope yall learn from my answer and it helps you in the future with assignments, quizzes, test’s, and more!

- •Trix•

( Yes I know my - •Trix• thingy is not my user but it’s what I would change it to if I could but I can't, please address me as Trix while commenting or talking to me here.)

6 0
3 years ago
Other questions:
  • Solve the following system of equations and select the correct answer below:
    12·1 answer
  • Describe the transformation of the graph y = (x + 3)2 – 4 from the parent function y = x².
    7·1 answer
  • You sell instruments at a Caribbean music festival. You earn $326 by selling 12 sets of maracas, 6 sets of claves, and x djembe
    12·1 answer
  • Neil bought 5 books. The average price of 2 books is 5 dollars. The average price of the rest of the books is 4 dollars. Find th
    12·1 answer
  • 8.96 is what percent of 112
    11·2 answers
  • YOU WILL GET BRAINLIEST Listed in the Item Bank are key terms and expressions, each of which is associated with one of the colum
    8·2 answers
  • 2 (y - 5x) - 7y + 9x
    9·2 answers
  • Triangle abc has the following vertices:
    14·1 answer
  • What is the side length of the smallest square plate on which a 30 cm chopstick can fit along a diagonal without any​ overhang?
    13·1 answer
  • 12. A right trapezoid is shown below. The measurements shown are in centimeters. Find the area of the
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!