(Answered) Mb and share priceyou are given the following information

Management Studies

M/B and Share Price

You are given the following information: Stockholders' equity as reported on the firm's balance sheet = $35 billion, price/earnings ratio = 20.5, common shares outstanding = 12 million, and market/book ratio 2.8. Calculate the price of a share of the company's common stock. Round your answer to the nearest cent.

View complete question

Business Management, Management Studies

Category:- Business Management
Reference No.:- M91990179
Price:- $10

Verified Expert

Priced at $20 Now at $10, Verified Solution

Have any Question?Write your Review or question?

Related Questions in Business Management

According to the bureau of labor statistics 71 of the labor

According to the Bureau of Labor Statistics, 7.1% of the labor force was recently unemployed. A random sample of 100 employable adults was selected. Using the normal approximation to the binomial distribution, what is th ...

What strategies can the teacher implement to build positive

What strategies can the teacher implement to build positive rapport with students in the learning environment?

1nbspconsider the following risc-v assembly instructionsslt

1) Consider the following RISC-V assembly instructions: slt x6, x0, x5 bne x6, x0, ELSE j DONE ELSE: addi x6, x6, 2 DONE: For what value(s) of x5 is the addi instruction executed? Why?

Lookout mountain which overlooks the tennessee river valley

Lookout Mountain, which overlooks the Tennessee River Valley near Chattanooga, Tennessee, was of great strategic importance during the Civil War. Today, some of the artillery used in the war remain at the park located on ...

1a how are your strengths and weaknesses in self-management

1.(a) How are your strengths and weaknesses in self-management impacting your work performance and relationships with co-workers and consumers.and List one step you can take to improve your self-awareness.? (b) How are y ...

Business analytics and statistics research report

Business Analytics and Statistics Research Report Assignment - You are creating a business report for the CEO of a retail company called, Athlete Panda. It must be professional in presentation and contain insightful cont ...

How to make a piece of mips assembly code that counts

How to make a piece of MIPS assembly code that counts number of 1s in the binary representation of the value stored in $t0 and saves the result in $t1?

What are the capabilities and resources need to execute

What are the capabilities and resources need to execute strategy at Amazon? Does Amazon have, or can they build, the capabilities required? (Use Case: Amazon.com: The Brink of Bankruptcy Case)

Alibaba started in an apartment and is now the worlds

Alibaba started in an apartment and is now the world's largest retailer. Amazon started as an online book seller, and eBay began as a site where people could sell used personal items in auctions. Did these online giants ...

1 what is meant by functional distribution of income in

1. What is meant by functional distribution of income in macroeconomic analysis? And explain how this form of distribution of income can generate income inequality. 2. Why equity is a controversial goal in macroeconomic ...

4,153,160 Questions Asked
13,132 Experts
2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Recent Questions

Ask Business Management Expert