What is able price-earnings ratio, Accounting Basics

+44 141 628 6080
[email protected]

What is able price-earnings ratio

The Able Company had net income of $47,500 and earnings per share of $3.17 during 20B. On December 31, 20B, the stock had a market price of $18.50 per share. What is Able's price/earnings ratio?

a. 25.70.

b. 8.11.

c. 5.84.

d. 0.17.

e. None of the above is correct.

Request for Solution File

Ask an Expert for Answer!!

Accounting Basics: What is able price-earnings ratio

Reference No:- TGS096455

Expected delivery within 24 Hours

Have a Question? (oR Write a Review)

Write atleast 100 words!!

Recent Questions Asked Accounting Basics

Q : Prove that every connected graph has a vertex

Prove that every connected graph has a vertex whose removal will not disconnect the graph, and write a DFS method that finds such a vertex.

Q : What is the definition of unsegmented somite

What is the definition of unsegmented somite mesoderm in a 33 hour chick embryo?

Q : After how many hours should all of the bulbs be replaced

If the department wants no more than 1% of the bulbs to burn out before they are replaced, after how many hours should all of the bulbs be replaced?

Q : How is environmental science helpful to conservation biology

How is environmental science helpful to conservation biology?

Q : What is able price-earnings ratio

The Able Company had net income of $47,500 and earnings per share of $3.17 during 20B. On December 31, 20B, the stock had a market price of $18.50 per share. What is Able's price/earnings ratio?

Q : What happen to p-value if observe same sample mean

What will happen to the p-value if you observe the same sample mean and standard deviation for a sample size larger than 25?

Q : How to decide in polynomial time whether such a set

Collaborative: We de?ne the Escape Problem as follows. We are given a directed graph G = (V; E) (picture a network of roads.) A certain collection of vertices X V are designated as populated vertices

Q : Suppose we have exactly the same problem

We de?ne the Escape Problem as follows. We are given a directed graph G = (V; E) (picture a network of roads.) A certain collection of vertices X V are designated as populated vertices, and a certain other collection S V are designated as safe ve

Q : What is perot return on equity

Perot Company had income before interest and taxes of $120,000. Interest expense for the period was $17,000 and income taxes amounted to $28,500. The average stockholders' equity was $680,000. What is Perot's return on equity?

1960225

Questions
Asked

3,689

Active Tutors

1459104

Questions
Answered

Start Excelling in your courses, Ask a tutor for help and get answers for your problems !!

ask Question

Request for Solution File

Ask an Expert for Answer!!

Accounting Basics: What is able price-earnings ratio

Reference No:- TGS096455

Have a Question? (oR Write a Review)

Recent Questions Asked Accounting Basics

Q : Prove that every connected graph has a vertex

Q : What is the definition of unsegmented somite

Q : After how many hours should all of the bulbs be replaced

Q : How is environmental science helpful to conservation biology

Q : What is able price-earnings ratio

Q : What happen to p-value if observe same sample mean

Q : How to decide in polynomial time whether such a set

Q : Suppose we have exactly the same problem

Q : What is perot return on equity

Construct a response to a new religious movement

Which author said that sports can be thought of as religion

What are the key truths god intends to communicate

Are there any of the objections to the teaching of catholic

Write contextual analysis for luke

What are your thoughts on the health message

Providing care that respects others spiritual and religious

Request for Solution File

Ask an Expert for Answer!!

Accounting Basics: What is able price-earnings ratio

Reference No:- TGS096455

Recent Questions Asked Accounting Basics

Q : Prove that every connected graph has a vertex

Q : What is the definition of unsegmented somite

Q : After how many hours should all of the bulbs be replaced

Q : How is environmental science helpful to conservation biology

Q : What is able price-earnings ratio

Q : What happen to p-value if observe same sample mean

Q : How to decide in polynomial time whether such a set

Q : Suppose we have exactly the same problem

Q : What is perot return on equity

Asked Questions