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ira [324]
2 years ago
11

A firm has a stock price of $68.00 per share. The firm's earnings are $85 million, and the firm has 20 million shares outstandin

g. The firm has an ROE of 11% and a plowback of 70%. What is the firm's PEG ratio
Business
1 answer:
erik [133]2 years ago
3 0

Answer:

2.1

Explanation:

A firm has a stock price of $68.00 pet share

The firm's earning are $85,000,000

The firm has $20,000,000 outstanding

They have an ROE of 11% and a Plow back ratio of 70%

The first step is to calculate the EPS

EPS= $85,000,000/$20,000,000

= $4.25

P/E= $68.00/$4.25

= 16

g= 11×70

= 770/100

= 7.7%

Therefore the PEG ratio can be calculated as follows

PEG ratio= 16/7.7

= 2.1

Hence the firm PEG ratio is 2.1

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Performance

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True or false? it adds to your credibility and your team's loyalty when you bring a person who is a difference maker into your c
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That statement is true.
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3 years ago
The general ledger of Sandhill Corporation as of December 31, 2021, includes the following accounts: Copyrights $ 58000 Deposits
Dafna1 [17]

Answer:

$687,000

Explanation:

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<u>Calculation of Total Intangible Assets will be :</u>

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2 years ago
Organic Eats provides an organic, vegan menu. Since there are very few restaurants that offer the same unique services, customer
Sphinxa [80]

Answer:

Focused differentiation strategy

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2 years ago
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Answer:

Annual depreciation= $7,996

Explanation:

Giving the following information:

Purchase price= $42,000

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