1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
jonny [76]
3 years ago
8

Maytag Company earns $4.80 per share. Today the stock is trading at $59.25. The company pays an annual dividend of $1.40. a. Cal

culate the price-earnings ratio
Business
1 answer:
shepuryov [24]3 years ago
4 0

Answer:

A. Price-earnings ratio= 12.34

B. Yield on the stock = 2.36%

Explanation:

A. Calculation for the price-earnings ratio using this formula

Price-earnings ratio=Market Price Per Share / Earnings Per share

Let plug in the formula

Price-earnings ratio=59.25 / 4.80

Price-earnings ratio= 12.34

B. Calculation for the yield on the stock using this formula

Yield on the stock=Annual dividends per share / market price per share

Let plug in the formula

Yield on the stock=1.40 / 59.25

Yield on the stock = 2.36%

Therefore the Price-earnings ratio is 12.34 while the Yield on the stock is 2.36%

You might be interested in
Generally, a high ___________ ratio could lead investors and creditors to view the company as being very risky debt to owners' e
Ipatiy [6.2K]

High <u>debt to owner's equity ratio. </u>

This is total liabilities divided by total assets and shows a company's financial leverage, also known as their ability to handle current and future financial obligations.

6 0
3 years ago
Read 2 more answers
If there are important external benefits associated with the consumption of a product:_______.
pentagon [3]

Answer:

C. the market demand curve understates the relative importance of the product and resources are therefore underallocated to its production.

Explanation:

Positive external benefits refer to third party positive side effects, above & beyond private marginal benefit to the concerned consumer.

Eg : Education - Its consumption not only affects the concerned person, but the positive trickle down to the people & society around.

Personal consumption decisions are based on : equalisation - of private marginal benefit (demand) curve & private marginal cost curve. However, goods having positive external benefits have real marginal benefit curve increased over private benefit curve, by the extent of extra marginal social benefit.

So, market demand (based on private marginal benefit) curve understates the importance of product, and resources are therefore underallocated to its production (due to undervaluation of demand).

4 0
3 years ago
You have no health insurance and you are unemployed. where can you go in your state, county, or city for medical services?
Gemiola [76]
<span>It is not important to always have a health insurance or to be employed in order to see the doctor.

There are many free clinics and Medicaids in many different cities and states, which could help people to avail medical treatment at considerably cheaper prices.

In case, the person is unemployed, they can also avail food stamps for a period of time from the clinics after completing the necessary formalities.

The Free clinics and Medicaids can be searched for on the websites and an online appointment can also be booked.</span>
3 0
3 years ago
____, or providing information supporting their policy positions to legislators, is a visible role played by interest groups. in
Eva8 [605]
Lobbying or providing information supporting their policy positions to legislators, is a visible role played by interest groups. 
Lobbying are efforts that are directed primarily at the national level; committees of Congress that consider legislation, and executive departments. Those involved depend on their personal relationship with members of Congress and the executive branch, which are based on keeping in regular contract. 
8 0
3 years ago
The first step in the decision-making process is to a. define your wants and needs b. identify your choices c. make a decision d
MA_775_DIABLO [31]

the first step is identify your choices

5 0
2 years ago
Other questions:
  • Ch.11 what are the four characteristics used to classify​ retailers?
    11·2 answers
  • Jill is starting a fast food delivery company. she has designed a logo and plans to print flyers to advertise her services. jill
    8·1 answer
  • You dream of endowing a chair in finance at the local university that will provide a salary of $250,000 per year forever, with t
    10·1 answer
  • Government can reallocate resources of an economy through taxes, ________ payments, and by providing direct services..
    14·1 answer
  • After the accounts are adjusted and closed at the end of the fiscal year, Accounts Receivable has a balance of $632,338 and Allo
    6·1 answer
  • Suppose that Spain and Austria both produce oil and cheese. Spain's opportunity cost of producing a pound of cheese is 4 barrels
    10·1 answer
  • Important business data that is not known to the public is considered what type of information?
    9·1 answer
  • 2. In 2016; the cost of a market basket of goods was $2,000. In 2018, the cost of the same market basket of goods was
    13·1 answer
  • Terrance has to make home mortgage payments.What can you Most likely conclude about Terrence based on this fact?
    12·1 answer
  • Just as you have to include everything when you budget, you also need to plan on everything when you are
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!