Answer:
$282.59 per share
Step-by-step explanation:
Given that,
Stockholders' equity = $323 million
price/earnings ratio = 14
shares outstanding = 8,800,000
Market/book ratio =7.7
Book Value per share:
= Stockholders' equity ÷ shares outstanding
= $323,000,000 ÷ 8,800,000
= $36.70
Market price per share:
= Book Value per share × Market/book ratio
= $36.70 × 7.7
= $282.59 per share
Answer:
i dont see a # line..
Step-by-step explanation:
hmm hmm
The same as last time
Step-by-step explanation:
<u><em>Answer:</em></u>
168
<u><em>Explanation:</em></u>
<u>Before we begin, remember the following:</u>
+ve * +ve = +ve -ve * -ve = +ve
+ve * -ve = -ve -ve * +ve = +ve
<u>Now, for the given problem we have:</u>
(-4) * (6) * (-7)
<u>Let's take the first two terms:</u>
(-4) * (6)
Based on the above rules, the product will be negative
<u>Therefore, </u>
(-4) * (6) = -24
<u>Now, the expression became:</u>
(-24) * (-7)
Again, based on the above rule, the product here will be positive
<u>Therefore,</u>
(-24) * (-7) = 168
Hope this helps :)
