Company XYZ closed at ​$46.07 per share with a​ P/E ratio of 16.66. Answer the following questions.

a.How much were earnings per​ share?

b.Does the stock seem​ overpriced, underpriced, or about right given that the historical​ P/E ratio is​ 12-14?

Answers

Answer 1

The amount of  earnings per share is $2.77.

Earnings per share

a. Earnings per share = price per share / (P/E) ratio

Earnings per share =   ​$46.07 / 16.66

Earnings per share=  $2.77

B. Overpriced or underpriced stock

At P/E ratio = 12

Earnings per share = ​$46.07  / 12

Earnings per share = $3.84

Earning yield = ( Earning per share / market value )× 100

Earning yield =  (3.84 /  ​$46.07   ) × 100

Earning yield  = 8.34%

At P/E ratio = 13

Earnings per share = ​$46.07  / 13

Earnings per share = $3.54

Earning Yield= (3.54 / 46.07 ) × 100

Earning Yield= 7.68%

At P/E ratio = 14

Earnings per share = ​$46.07 / 14

Earnings per share = $ 3.3

Earnings yield= ( 3.3 / 46.07 )×100

Earnings yield= 7.16%

Average of  earning yield given P/E ratio is 12-14

Average of  earning yield= ( 8.34 + 7.68 + 7.16 ) / 3

Average of  earning yield= 7.73%

Earning yield =  ( Earning per share / market value ) × 100

Earning yield= ( 2.77 / 46.07 ) ×100

Earning yield = 6.01%

Hence, Based on the above the stock is underpriced.

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Related Questions

Find the total surface area of a rectangular prism with ?

Answers

Answer:

88 Squared units

Step-by-step explanation:

[tex]A=2*6*4+2*4*2+2*6*2=88unit^{2}[/tex]

The branch manager of an outlet (Store 1) of a nationwide

chain of pet supply stores wants to study characteristics of her

customers. In particular, she decides to focus on two variables: the

amount of money spent by customers and whether the customers

own only one dog, only one cat, or more than one dog and/or cat.

The results from a sample of 70 customers are as follows:

Amount of money spent: X = +21.34, S = +9.22.
Thirty-seven customers own only a dog.
Twenty-six customers own only a cat.
Seven customers own more than one dog and/or cat.
Construct a 95% confidence interval estimate for the
population mean amount spent in the pet supply store.

Construct a 90% confidence interval estimate for the population proportion of customers who own only a cat.
The branch manager of another outlet (Store 2) wishes to conduct

a similar survey in his store. The manager does not have access to

the information generated by the manager of Store 1. Answer the

following questions:

c. What sample size is needed to have 95% confidence of

estimating the population mean amount spent in this store

to within { +1.50 if the standard deviation is estimated to

be $10?

d. How many customers need to be selected to have 90% confidence of estimating the population proportion of customers who own only a cat to within {0.045?

e. Based on your answers to (c) and (d), how large a sample should the manager take?

Answers

Answer:

1. ( 19.1416, 23.5384,)

2. (0.276348, 0.46651)

3. the sample size = 170.73 approximately 171

4. sample size = 334.07 approximately 334

5. sample of 334 should be taken by manager

Step-by-step explanation:

mean = bar x = 21.34 dollars

size of sample n = 70

standard deviation of sample = 9.22

we use t distribution as the population standard deviation is not known.

95% Confidence interval

1-α = 0.95

α = 0.05

degree of freedom = 70-1 = 69

α/2 = 0.025

using the t distribution tsble,

= 1.9949

confidence interval = [tex]21.34+-1.9949*[\frac{9.22}{sqrt(70)}] \\[/tex]

= 21.34 +- (1.9949*1.10200)

= 21.34 + 2.1984, 21.34 - 2.1984

= (23.5384, 19.1416)

the confidence interval of the mean amount spent at the supply store can be written as 19.1416<u<23.5384

2. sixe of those who only have a cat

p = 26/70 = 0.371429

at 90 % confidence interval,

1-α = 0.90

α = 0.10

we use the z table here

z(0.10/2) = Z(0.05)

= 1.645

[tex]0.371429+-1.645\sqrt} \frac{0.371429(1-0.371429)}{70}[/tex]

= 0.371429 +-( 1.645 x 0.0578)

= 0.371429 + 0.095081, 0.371429 - 0.095081

= (0.276348, 0.46651)

3. sd = 10$

margin of erro,r e = 1.50$

α = 0.05

using z table

α/2 = Z0.025

= 1.96

sample size = 1.96² * 10² / 1.50²

= 3.8416 * 100/ 2.25

= 170.73

the sample size is approximately 171

d. we have 0.5 as sample proportion now

margin of error = 0.045

α = 0.10

Zα/2 = 0.05

= 1.645

sample size = 1.645²x0.5(1-0.5) / 0.045²

= 0.676506/0.002025

= 334. 07

sample size = 334

5.  sample of 334 should be taken by manager

what times 4/5 equals 3/4

Answers

Answer:

15/16

Step-by-step explanation:

4/5 x=3/4

x=(3/4)/(4/5)

x=15/16

234235342421323254123+323546534311234

Answers

Answer:

I gotchu.

Step-by-step explanation:

234235342421323254123+323546534311234 = 2.34235666E20

Have a good day! :)

1. Show that
(10a + 5)^2 = 100a(a + 1) + 25,
for every a real number. How is this formula explaining the rule we have, to square a number
which ends in 5, such as
25^2 = 625, 35^3 = 1225, 105^2 = 11025^2, etc. ?

Answers

Answer:

 (10a+5)²= 100 a( a+1) + 25

Step-by-step explanation:

Explanation:-

Given

     (10a+5)²

By using (a+b)² = a² +2ab +b²

                   = (10a)²+ 2 × 10a× 5 + (5)²

                   = 100a² + 100a + 25

                   = 100 a( a+1) + 25

Let FICA tax rates be 7.65% on the first $127,200 of income from wages, and 1.45% on any income from wages in excess of $127,200. Her FICA tax is?

Answers

Answer:

The tax is split between employers and employees. They both pay 7.65% (6.2% for Social Security and 1.45% for Medicare) of their income to FICA, the combined contribution totaling 15.3%. The maximum taxable earnings for employees as of 2020 is $137,700.

Correct me if you want If its wrong

Solve 5x -2.5 = 17.5

Answers

Answer:

x=4

Step-by-step explanation:

5x-2.5=17.5

5x=17.5+2.5

5x=20

x=20/5

x=4

The solution of the given equation is x=4

What does it mean to solve an equation?

An equation represents equality of two or more mathematical expression.

A mathematical equation is a statement with two equal sides and an equal sign in between. An equation is, for instance, 4 + 6 = 10. Both 4 + 6 and 10 can be seen on the left and right sides of the equal sign, respectively.

Solutions to an equation are those values of the variables involved in that equation for which the equation is true.

We are given the equation as;

5x-2.5=17.5

Solving for x;

5x=17.5+2.5

5x=20

x=20/5

x=4

Learn more about solving equations here:

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Multiply (3x +9)(2x - 5)​

Answers

[tex] {6x}^{2} + -15x + 18x -45[/tex]

hope that helped:)

Step-by-step explanation:

=(3x+9)(2x-5)

=3x(2x-5)+9(2x-5)

=6x²-15x+18x-45

=6x²+3x-45

hope it helps.


If five times the square of a certain positive number is
decreased by twice the number, the result is 16. Find the
number [Only an algebraic solution will be accepted.]

Answers

Answer:

5 bud i think it this but i might be wrong

When 5 randomly selected people all have the same birth month of March.

Answers

Answer:

I know 4 people that are all really close friends and all have birthdays in march.

Step-by-step explanation:

Interest of 200 million dollars 53% and 22 years will give brainliest to correct answer

Answers

Answer:

$2,313,150,687,166.22 is the interest accrued.

Step-by-step explanation:

Hope this helps

Answer:

$2,313,150,687,166.22 is the interest

Step-by-step explanation:

hope this helps.

Write the sentence as an equation.

251 is equal to m reduced by 119

Answers

Answer: 251=m-119

Step-by-step explanation:

251=m-119 There is nothing to explain.

which lists the multiple of 8 A. 8,16,24, 46 B.8,16,24,48 C.8,15,32,50 D.8,16,40,63

Answers

B. 8, 16, 24, 48

pls mark brainliest if helped c:

Write the fraction in lowest terms.
14/37

Answers

Answer:

14/37

Step-by-step explanation:

14/37 is already in the simplest form. It can be written as 0.378378 in decimal form (rounded to 6 decimal places).

Steps to simplifying fractions

Find the GCD (or HCF) of numerator and denominator

GCD of 14 and 37 is 1

Divide both the numerator and denominator by the GCD

14 ÷ 1

37 ÷ 1

Reduced fraction:

14/37

Therefore, 14/37 simplified to lowest terms is 14/37.

HELP PLEASE!! thanks

Answers

Answer:

352

but for the 3 it would be 264


A flower bed has the shape of a rectangle 8 yards long and 3 yards wide. What is its area in square feet?

Answers

Answer:

the answer is 216 square feet because if you multiply 8 ×3=24 and 24×9=216.

Write the system of equations in slope intercept form.
Show ALL of your work!
y + 2x = 0
2y = -2 - 6

Answers

2x+y=0
y=-4

(x is 2 y is -4)

Find the lateral area of a rectangluar prism with ?

Answers

Answer:

40 Squared units

Step-by-step explanation:

[tex]A=2*2*4+2*2*6=40[/tex]

Charlotte used a calculator to subtract.
She copied her answers from the display, but her teacher said her answers were wrong! Tell how Charlotte got each wrong answer.
1. 204.59 – 23.67 = 0.92

2. 936.4 – 15.85 = 77.79

3. 56.3 – 27.04 = 19.26

Answers

Answer:

Step-by-step explanation:

1.  She omitted the 0 from the minuend, entering 24.59 instead of 204.59

2. She misplaced the decimal point of the minuend, entering 93.64 instead of 936.4

3. She typed 4 instead of 5 in the minuend, entering 46.3 instead of 56.3


Is these true or false help out

Answers

Answer:

1. False

2. True

Step-by-step explanation:

1. 3v [tex]\geq[/tex] 60

3(10) [tex]\geq[/tex] 60

  30 [tex]\geq[/tex] 60

2. x + 18 < 32

  2 + 18 < 32

       20 < 32

Answer:

I have attached a picture of me solving it. Hope this helps, thank you !!

THIS IS A MULTIPLE CHOICE QUESTION!

Corey, Billy, and Shea own a house repair and update business. The number of hours that each person spent painting and doing repair work on the same house is listed below.
• Corey: 4.25 hours
• Billy: 7.75 hours
• Shea: 10.5 hours
They earned a total of $1,100 for the job and put 25% of the money earned in an account for future expenses. If they divide the money proportionally based on the number of hours each worked, how much money did Shea receive?
A.$385
B.$412.50
C.$413.33
D.$641.77
Please show ALL of your work.

Answers

Answer:

The correct answer is A. $385.

Step-by-step explanation:

Since Corey, Billy, and Shea own a house repair and update business, and the number of hours that each person spent painting and doing repair work on the same house is listed below.

• Corey: 4.25 hours

• Billy: 7.75 hours

• Shea: 10.5 hours

And since they earned a total of $ 1,100 for the job and put 25% of the money earned in an account for future expenses, to determine how much money Shea received if they divided the money proportionally based on the number of hours each worked is owed perform the following calculation:

1100 x 0.75 = 825

10.5 + 7.75 + 4.25 = 22.5

22.5 = 100

10.5 = X

10.5 x 100 / 22.5 = X

1050 / 22.5 = X

46.666 = X

825 x 0.4666 = X

384.99 = X

Therefore, Shea received $385.


1. Each letter in VALENTINE is written on a separate piece of paper and put into a bag.
You randomly choose a piece of paper from the bag. Find the probability of choosing an
E

Answers

Answer:

2/9

Step-by-step explanation:

two e with a total of 9 letters

What is the opposite of 56?What is the value of –(-4)?

Answers

Answer:

-56;+4

Step-by-step explanation:

56 oopposite is -56

-(-4)=+4

Which of the following measures could be used to make triangle?
2,9, 12
4,4,7
3,5,8

Answers

3,5,8. I think.

have a great day :)

it’s the second choice, 4,4,7. This adds up to 15. Use this chart to help remember what to add them up to.

Luis wants to buy a skateboard that usually sells for $79.08. All merchandise is discounted by 12%. What is the total cost of the skateboard if Luis has to pay a state sales tax of 6.75%. Round your intermediate calculations and answer to the nearest cent.

Answers

Answer:

$74.96

Step-by-step explanation:

$79.80 × 0.12 = 9.576 (discount)

$79.80 - $9.576 = $70.224

$70.224 × 0.0675 = 4.74012 (add for sales tax)

$70.224 + $4.74012 = $74.96412

what is the value of y?(PLEASE ANSWER QUICKLY!!

5/16y=5/24

a.1/2
b.1/3
c.3/2
d.2/3

Answers

Answer:

The answer is D. 2/3

Step-by-step explanation:

We have to find out what number times 5/16 will equal 5/24. This isolates y.

You can plug in all the answers.

5/16 times 2/3 equals 5/24 which is the answer!

Answer:

D.2/3

Step-by-step explanation:

Round The Following Number: 194,332.125

Answers

Answer:

The answer is 194000

Step-by-step explanation:

It is closer to 194000 than 195000

what is 99+44+44+44+$4+44+$4+44+44+44 = and my zodiac is pisces what about your guys zodiac

Answers

Answer:

415

Step-by-step explanation:

Mine is Capricorn

Answer:

I'm a September Libra

When converting 6/81 into a decimal which is true.

Answers

Answer:

6/8 as a decimal is 0.75.


What are the coordinates of the x-intercept of the line 3x - 2y = 12?

Answers

Answer:

(4,0)

Step-by-step explanation:

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