mleighaj9253 mleighaj9253
  • 28-08-2020
  • Business
contestada

The ronnie co. has sales per share of 25.37. If the PS ratio is 1.47 times, what is the stock price?

Respuesta :

Tundexi
Tundexi Tundexi
  • 01-09-2020

Answer:

$37.30

Explanation:

Sales per share S = 25.37

PS ratio = 1.47 times

PS ratio = Price to sales ratio = P/S  

P/S = 1.53

Price per share = (P/S) * Sales per share

Price per share = 1.47 * 25.37

Price per share = $37.2939

Price per share = $37.30

Answer Link

Otras preguntas

what is the effect of using the first person in “A Modest Proposal” by Jonathan Swift
Plot the points (0,1), (-1,3), (2, -3) and describe the resulting graph.
If perpendicular lines m and n intersect at (0,b) in the standard (x,y) coordinate plane, what is the value of b ?
An auto mechanic charges (C) an initial fee of $50 and then $40 per hour. If (h) represents hours, how much will the mechanic charge if he works 10 hours in o
What is 45,000 written in scientific notation? 4.5 × 104 4.5 × 105 4.5 × 103 4.5 × 102
SPANISH 3 PLS HELP!! (03.01 LC) Escoge la mejor respuesta. Select the best answer. Si estás en México, ¿qué debes decir cuando estás sorprendido? A.¡Qué ond
Structural abnormalities of the uterus may lead to dyspareunia, which is:
The lengths of one-year-old baby girls can be described using a normal distribution with a mean of 29 inches and a standard deviation of 1.2 inches. using the 6
One serving of muffins takes 2/3 cup of muffin mix. how many cups of muffin mix would it take to make 12 servings of muffins
List and describe the three types of primary bonds.