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Ann [662]
3 years ago
8

The Blooming Flower Co. has earnings of $1.48 per share. a. If the benchmark PE for the company is 15, how much will you pay for

the stock?
Business
1 answer:
marshall27 [118]3 years ago
4 0

Answer:

$22.20

Explanation:

Using the equation to calculate the price of a share of stock with the PE ratio:

P = Benchmark PE ratio * EPS  

So, with a PE ratio of 15  

P = 15*($1.48)

P = $22.20

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When preparing a consolidated balance sheet, the noncontrolling interest amount is:
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3 years ago
A _____ strategy is a way of obtaining customers by making decisions that allow an organization to produce goods or services mor
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4 0
2 years ago
Fuchsia provided services to​ 1,600 clients in the month of March and generated​ $23,500 as revenue. How much is the cost per​ s
pshichka [43]

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Calculation for How much is the cost per​ service

First step is to calculate the Total costs

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Cost per service = Total costs / Services

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3 years ago
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