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

Drag the tiles to the correct boxes to complete the pairs. Match each ratio with its simplest form.
For a left-tailed test, the critical value of z so that a hypothesis test would reject the null hypothesis at 1% significance level would be __________. Answer
If the price of 12 shirts is rupees 3600 3/5 and of 6 pants is rupees 3000 1/5 . Find the price of 4 shirts and 4 pants​
what is the mean of these numbers:3,5,7,9​
ang sa mahigpit na sensur ssa mga akda o palabas
Cooks are needed to prepare for a large party. Each cook can bake either 5 large cakes or 14 small cakes per hour. The kitchen is available for 2 hours and 24 l
Name 3 different careers in Music.
Determine the intercepts of the line X_______ Y_______
What is 7/9 divided by 1/3
he building is subject to a mortgage of $10,000, which the partnership has assumed. The partnership agreement also specifies that profits and losses are to be d