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
nordsb [41]
3 years ago
15

Big Tree Lumber has earnings per share of $1.36. The firm's earnings have been increasing at an average rate of 2.9 percent annu

ally and are expected to continue doing so. The firm has 21,500 shares of stock outstanding at a price per share of $23.40. What is the firm's PEG ratio
Business
1 answer:
GalinKa [24]3 years ago
3 0

Answer:

The firm's PEG ratio is equal to 5.93

Explanation:

A valuation metric for determining the relative trade-off between the price of a stock, the earnings generated per share (EPS), and the company's expected growth are referred to as the 'PEG ratio' (price/earnings to growth ratio).

Generally, a company with a higher growth rate would have a higher P/E ratio.

PE ratio = Stock price/EPS

             = 23.4/1.36

 PE ratio = 17.205

PEG ratio = PE ratio/ Earning growth ratio

                 = 17.205/2.9

PEG ratio    = 5.93

You might be interested in
Which of the following statements is FALSE?a. Electronic procurement systems can aid a company in saving both time and money.b.
alukav5142 [94]

Answer:

The answer is d. Centralized purchasing is where individual, local purchasing departments, such as at the plant level, make their own purchasing decisions.

Explanation:

Centralized purchasing is a purchasing system in which all the departments of a company with a wide geographical distribution can make purchases through a common purchasing organization.

8 0
3 years ago
7. Sandra owns stock in XYZ Company. She has voting rights, therefore, she must own
AleksAgata [21]

Answer:

Common stock

Explanation:

Common stock can likewise be referred to as a voting stock. Common stock for the most part conveys with it the privilege to decide on business element matters, for example, choosing the top managerial staff, building up corporate destinations and approach, and stock parts. Similarly, common stock can be broken into casting a ballot and non-casting a ballot classes.

5 0
3 years ago
Instead of spending the weekend working on the research paper due at the end of next week sam decided to spend the weekend going
inna [77]

Answer:

the id

Explanation:

In simple words, the id can be understood as the root of all psychological bravery, as per Freud 's philosophy, rendering it the essential component of identity. The ID is motivated by the concept of immediate satisfaction of all wishes, desires and desires. If these needs are not immediately fulfilled, the effect is a state of discomfort or stress.

Thus, from the above we can conclude that the correct answer is the id.

6 0
3 years ago
What percentage does a bank expect you to put down on a house
myrzilka [38]
Hhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhh
5 0
3 years ago
Read 2 more answers
A fee paid by a borrower to the lender for the use of borrowed money
Stolb23 [73]

A fee paid by a borrower to the lender for the use of borrowed money; typically interest is calculated as a percentage of the principal (original loan amount). A debt evidenced by a "note," which specifies the principal amount, interest rate and date of repayment.

5 0
3 years ago
Other questions:
  • Which federal regulatory agency would most likely bring a civil suit against a business that broke securities laws?
    12·2 answers
  • During the recession of 2007−2009, the U.S. federal government’s tax collections fell from about $2.6 trillion down to about
    6·1 answer
  • What is a records inventory? discuss why is inventory is conducted and what is included in the inventory?
    7·1 answer
  • The principal underwriter of an open-end investment company decides to offer a trip to south america to the registered represent
    10·1 answer
  • Which payment system is most likely to delay an online purchase? credit card debit card check online payment services
    11·1 answer
  • Which the following consists of all the benefits a product will provide for consumers or business​ customers? A. Augmented produ
    11·1 answer
  • Boney Corporation processes sugar beets that it purchases from farmers. Sugar beets are processed in batches. A batch of sugar b
    7·1 answer
  • Halverstein Company's outstanding stock consists of 7,000 shares of cumulative 5% preferred stock with a $10 par value and 3,000
    13·1 answer
  • Warren opened a new computer store in town. When customers purchase a computer from his store, they automatically receive an ext
    14·1 answer
  • Job A3B was ordered by a customer on September 25. During the month of September, Jaycee Corporation requisitioned $2,700 of dir
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!