Wednesday
April 16, 2014

Homework Help: finance (stock price)

Posted by Jason on Friday, July 25, 2008 at 2:19pm.

A firm with earning per share of $5 and a price-earnings ration of 15 will have a stock price of?

P/E ratio = stock price / earnis per share

15 = X / 5

X = 15(5)

x = 75

FINAL ANSWER stock price is $75.00

Is this correct?

Answer this Question

First Name:
School Subject:
Answer:

Related Questions

finance mang - if there is $48,000 in earnings available to common stock holders...
Finance - Spam Corp. is financed entirely by common stock and has a beta of 1.0...
Multivariable Calculus - The price-to-earnings ratio of a stock is defined as R...
finance - Miya, a single investor owns 1000 shares of Advance C-Synergy (ACS), ...
Math - The closing price for XYZ Company's common stock is uniformly distributed...
math-stupid stat - A manufacturing firm is planning the initial public offering ...
finance - 1. The Monley Corporation of New Jersey has gross profits of $980,000 ...
Math - You bought an oil company stock for $83K per share. The price of the ...
math - on tuesday stock As price fell -0.56 and stock Bs price fell -0.50. Stock...
finance 200 - Complete the following problems (Do Not repeat the questions): 1...

Search
Members