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Yuri [45]
2 years ago
10

A company has net income of $2,800,000. it also has 400,000 weighted-average common shares outstanding and a price-earnings rati

o of 20. what is the market value per share of this company's stock?
Business
1 answer:
Lelu [443]2 years ago
7 0

$140 is the market value per share of this company's stock.

EPS = Net Income / Outstanding Shares

       = 28,00,000 / 4,00,000

       = 7

Market Value = EPS x Price- Earning Ratio

                       = 7 x 20 = $140

<h3>What is net income?</h3>

In the world of business and accounting, net income is referred to as an entity's income less the cost of goods sold, expenses, depreciation and amortization, interest, and taxes for a specific accounting period.

<h3>What is the market value per share?</h3>

The overall market value of the company is divided by the total number of outstanding shares to arrive at a market value per share. This displays the price that the market has placed on each share of a company's stock at the time of writing.

<h3>What is the company's stock?</h3>

A claim of ownership of a company's assets and profits is represented by company stock. Because of this, stock in a corporation is also referred to as "shares" or "equity." Three important characteristics of company stock are ownership rights, voting rights, and limited liability.

Learn more about outstanding shares: brainly.com/question/14504712

#SPJ4

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Answer:

B- a savings account

Explanation:

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Create an outline of your paragraph about your participation in the economy this week. describe how you were a consumer or produ
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Read 2 more answers
Chicago Company reported the following information at the end of the current year
Nookie1986 [14]

Answer:

37,000 common stock outstanding

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Case A The preferred stock is noncumulative, the total amount of dividends is $32.000

  • dividends distributed to preferred stockholders = $8,200
  • dividends distributed to common stockholders = $32,000 - $8,200 = $23,800

since the preferred stocks are non-cumulative, if dividends are not paid during a certain they are "lost" and will not be recovered.

Case B The preferred stock is cumulative, the total amount of dividends is $24,600

  • dividends distributed to preferred stockholders = $8,200 x 3 = $24,600
  • dividends distributed to common stockholders = $0

Case C The pretend stock is cumulative, the total amount of all dividends is $90,200

  • dividends distributed to preferred stockholders = $8,200 x 3 = $24,600
  • dividends distributed to common stockholders = $90,200 - $24,600 = $65,600

5 0
3 years ago
Investment Center Net Income Average Assets Cameras and camcorders $ 6,900,000 $ 29,000,000 Phones and communications 1,548,000
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Answer:

Residual Income = Net Income minus (target income)

Target income = rate of returns x operational Assets

A.

Cameras and camcorders investment centre

Residual income = 6,900,000 - (12% x 29,000,000)

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B.

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Residual income = 1,548,000 - (12% x 12,900,000)

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In a freehold estate what describes when the ownership includes all immovable structures attached to the land such as buildings,
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There are different kinds of estate. In a freehold estate immobility describes when the ownership includes all immovable structures attached to the land such as buildings, trees, and underground resources.

Freehold estates is known to be made up of 2 components. They are:

  • immobility: This is simply the ownership of all immovable structures that is attached to land.

  • An indefinite ending: This is known to stay or exist for a lifetime.

Freehold estates are simply known to be a type of estates that has indefinite lifetime and it can exist for a lifetime or forever.

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