Cleveland Corporation has 100,000 shares of common stock outstanding. The company's net income is $950,000 and its P/E is 17. What is the company's stock price? Round it to a whole dollar
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Cleveland Corporation has 100,000 shares of common stock outstanding. The company's net income is $950,000 and its P/E is 17. What is the company's stock price? Round it to a whole dollar.
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- Theodore Company has 100,000 shares of P10 par value common stock issued and outstanding. Total stockholders' equity is P2,800,000 and net income for the year is P800,000. During the year Theodore Co. paid P3.00 per share in dividends on its common stock. The market value of Theodore's common stock is P25. What is the price-earnings ratio?ABC Corp has produced its first set of financial results. Ordinary shares in the company were issued at the start of the financial year at a price of $2.00 each. The par value of each ordinary share in was 0.10. 50 million shares were issued by the company and the first year's profit for the year is $15 million. The current market price of the shares is $2.70. What is the price/earnings ratio? a. .11 b . .33 c. 9 d. 6.67COVID's apparel has total assets of P800,000, current liabilities of P150,000, and long-term liabilities of P120,000. There is P65,000 in preferred stock outstanding. Thirty thousand shares of common stock have been issued. If there is P48,000 in earnings available to common stockholders and the firm's stock has a P/E of 15 times earnings per share, what is the current price of the stock?