Answer:
$282.59 per share
Step-by-step explanation:
Given that,
Stockholders' equity = $323 million
price/earnings ratio = 14
shares outstanding = 8,800,000
Market/book ratio =7.7
Book Value per share:
= Stockholders' equity ÷ shares outstanding
= $323,000,000 ÷ 8,800,000
= $36.70
Market price per share:
= Book Value per share × Market/book ratio
= $36.70 × 7.7
= $282.59 per share
Answer:
8
Step-by-step explanation:
That would be -20. a negative divided by a negative number is positive, positive divided by negative is negative bc even numbers of negatives make it positive. and ofc 20 x 5 = 100, hence the ‘20’
