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3 years ago

Sankey Co. has earnings per share of $3.95. The benchmark PE is 18.8 times. What stock price would you consider appropriate

Business

1 answer:

trapecia [35]3 years ago

7 0

Answer:

Stock price = $74.26

Explanation:

The value of a share can be determined using the price earning ratio model. According to this model, the price of a share is estimated as the EPS of the company multiplied by a representative (benchmark) price- earning (P/E) ratio .

The ratio relates the price of a stock to its earning. A stock with a higher P/R indicates a high potent for growth.

Price of stock =Earnings per share( EPS) × benchmark P/E ratio

The appropriate comparative price earnings ratio in the question has been given as 18.8 times.

DATA-

EPS- 3.95

PE- 18.8

Stock price = 3.95 × 18.8= $74.26

Stock price = $74.26

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The rate of economic growth per capita in france from 1996 to 2000 was 1.9% per year, while in korea over the same period it was

bagirrra123 [75]

Answer:

36.83 years

16.85 years

$63,710.88

$ 71,490.43

Explanation:

We can use the nper formula in excel to compute the doubling time for the capital real GDP of both countries

=nper(rate,pmt,-pv,fv)

FV is the future real GDP which $28,900*2=$57,800 for France while that of Korea is $25,400 ($12,700*2)

PV is the present real GDP

rate is the economic growth rate of 4.2% in Korea and 1.9% in France

France=nper(1.9%,0,-28900,57800)= 36.83

Korea=nper(4.2%,0,-12700,25400)= 16.85

In 2045 ,which is 42 years from now the real GDP are shown thus:

=fv(rate,nper,pmt,-pv)=fv(1.9%,42,0,-28900)=$63,710.88

=fv(rate,nper,pmt,-pv)=fv(4.2%,42,0,-12700)=$ 71,490.43

3 0

3 years ago

The older term, social service, referred to advancing human welfare. The new term, meaning to provide for the needs of various p

Mazyrski [523]

Answer:

Social welfare

Explanation:

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3 years ago

Timberlake Company planned for a production and sales volume of 12,000 units. However, the company actually made and sold 13,000

Aleks04 [339]

Answer:

$65,000 Favorable

Explanation:

Volume variance compute the difference due to volume of sales budgeted and actual sales qty.

Budgeted Selling pricec =780000 /12000 = 65

Sales volume variance = Budgeted Selling price (Actual sales qty-Budgeted Sales qty)

65.00 (13000-12000) = 65000 Fav

Answer is $ 65000 Favorable

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ehidna [41]

A traditional cover letter’s format includes an introduction, a body and a closing paragraph.

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labwork [276]

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4 years ago