Homework Help: Economics

Posted by Em on Saturday, May 28, 2011 at 11:30pm.

Hi.
Okay so a nominal penny is a placeholder that is used to evade giving the real EPS?

Another place says the EPS for Virgin Blue is betweeen 18 and 19c.

Do you think I should ditch comparing Qantas to VIrgin Blue and instead compare historical? If so how long ago would be reasonable?

Economics URGENT - Em, Saturday, May 28, 2011 at 11:37pm
Hi

My historical EPS is the 2004/05 one which is 24.9. The cost was 4.30.

So the PE is 4.30/24.9?
Because my calculator is telling me the PE it is 0.17... I'm thinking it should be a PE of 17, but I don't know where I went wrong
Economics - Em, Saturday, May 28, 2011 at 11:40pm
Don't worry I saw my mistake.
The EPS was 24.9 cents not dollars.

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