princessheaven2876 princessheaven2876

17-11-2017
Business

contestada

Favorita candy's stock is expected to earn $2.40 per share this year. its p/e ratio is 18. what is the stock price?

Respuesta :

andriansp andriansp

27-11-2017

The formula to calculate p/e ratio is: price/earnings.

So, the price of the stock would be

p/e ratio = price/earnings

18 = price / 2.4

Price= 2.4 x 18

Price = 43.2

Answer Link

Otras preguntas

The ages of people on the camp bus are listed. 10, 15, 14, 8, 18, 11, 12, 12, 10, 10, 17, 16 What is the mode of the ages? A. 10 B. 17 C. 8 D. 12

The molecular structure of water contains two atoms of hydrogen and one atom of oxygen. When water reaches its boiling point and turns into water vapor, what ha

In which category would you place a nation with few paved roads, telephones, and airports?

Advances in navigation technology and the desire of Europeans to obtain goods from Asia are most closely associated with the (1) rise of feudalism (2) Agri

Which of the following is a type of Arachaebacteria? halophile thermophile mesophile all of the above

After the assassination of the Austrian archduke, which happened first?

“The French Revolution is most important for having changed subjects to citizens.” This statement emphasizes the shift from (1) religious traditions to secu

Which situation describes a negative correlation? (1) the amount of gas left in a car’s tank and the amount of gas used from it (2) the number of gal

Three points for equation 2y=5x+11

People would prefer their own bad government rather than submit to the good government of a foreign power. Which concept is characterized by this stateme