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3241004551 [841]
3 years ago
15

If a stock's P/E ratio is 13.5 at a time when earnings are $3 per year and the dividend payout ratio is 40%, what is the stock's

current price?
Business
1 answer:
REY [17]3 years ago
4 0

Answer:

Price of share = $40.50

Explanation:

P/E ratio describes the price to earnings ratio.

Provided if P/E ratio = 13.5

And Earnings per share = $3 per share.

That means,

\frac{Price}{Earnings} = 13.5

\frac{Price}{3} = 13.5

Price = 13.5 \times 3 = $40.5

Therefore, it is not dependent on dividend payout ratio, and the price = $40.50

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List one thing you SHOULD do if your car loan suddenly becomes too expensive.
Sphinxa [80]

Answer:

Modify Your Auto Loan.

Refinance Your Vehicle Loan.

Trade-in Your Car.

Let Someone Else Assume Your Loan.

Sell Your Vehicle.

Turn the Keys In.

Let Your Car Be Repossessed.

File for Bankruptcy.

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2 years ago
Saturn inc. is a large manufacturer of footwear and accessories. it has always lagged behind its closest competitor, hexagon inc
ss7ja [257]

Saturn inc. is in the<u> "strategy formulation"</u> phase.



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3 years ago
What will happen if business partners fail to establish articles of partnership?
Natasha_Volkova [10]
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3 0
3 years ago
Read 2 more answers
In the United States, where land is cheap, the ratio of land to labor used in cattle raising is higher than that of land used in
Svetradugi [14.3K]

Answer:

Yes, raising cattle is land intensive.

Explanation:

In the US there are fewer cowboys per acre of land than wheat farmers per acre of land.

In other countries that do not have a lot of land, generally cows are raised in feed lots and there are much more cowboys per acre of land working, as well as much more cows per acre of land.

So therefore, we can say that raising cattle is land intensive compared to farming wheat because more land is used than labor.

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3 years ago
When a monopolist increases the amount of output that it produces and sells, average revenue.
juin [17]

Monopolists can increase the amount of output and sell easily because they are in no competition, the revenue is also great as their is no competition the price charged is not challenged by any other organization.

<h3>What is Monopoly?</h3>

Monopoly is when there is no competition in the market and the seller is the sole seller of the product or service and therefore all the customers in the market purchase products or services from the said organization.

The organization can charge any price for the products or services as there is no competition the prices are not challenged by the other organizations as the sole seller of the commodity is the organization and this sole seller in the entire market is called a monopoly business.

It is difficult to be in a competitive environment but it is comparatively easier being a monopolist.

Learn more about Monopoly at brainly.com/question/27373128

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