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inna [77]
3 years ago
6

A firm is expected to generate earnings of $2.22 per share next year. The mean ratio of share price to expected earnings of comp

etitors in the same industry is 15. Based on this information, the valuation of the firm’s shares based on the price-earnings (PE) method is $_______.
Business
1 answer:
Alenkinab [10]3 years ago
4 0

Answer:

The valuation of the firm’s shares based on the price-earnings (PE) method is $33.3

Explanation:

The price-to -earning ratio is calculated by dividing the market value of price per share by the firm's earning per share.

Given that; earnings per share generated are $2.22

The mean ratio of share price to expected earnings =15

P/E =Share price/earning per share

15=share price/2.22

share price = $2.22*15 =$33.3

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Loss on disposal $1,800

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4 years ago
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3 years ago
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5 0
3 years ago
Petra has been working in procurement for two years. She is interested in doing something new with supply chain operations that
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The factor that would inhibit Petra, who works in procurement, from advancing her career in supply chain operations is <u>her </u><u>professional qualification</u>.

<h3>How is supply chain management different from procurement?</h3>

Procurement concentrates on acquiring goods and services needed in an organization.

Supply chain management embraces all the activities involved in the procurement, production, and distribution of an organization's goods and services until they reach the end-users and create value for the organization.

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Learn more about supply chain management at brainly.com/question/25160870

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2 years ago
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