subject
Business, 07.05.2020 02:06 helplessstudent3

Drake owns 100 stocks of Balancia, Inc. He had bought these stocks at a face value of $10. The market price of these stocks is now $50 each. Balancia has declared a dividend of 20% this year. Balancia’s retained earnings for the year is $2,000,000 and it has 1,000,000 outstanding stocks. What is the P/E Ratio?

ansver
Answers: 2

Another question on Business

question
Business, 22.06.2019 13:50
Diamond motor car company produces some of the most luxurious and expensive cars in the world. typically, only a single dealership is authorized to sell its cars in certain major cities. in less populous areas, diamond authorizes a single dealer for an entire state or region. the manufacturer of diamond automobiles is using a(n) distribution strategy for its product.
Answers: 2
question
Business, 22.06.2019 19:30
Each row in a database is a set of unique information called a(n) table. record. object. field.
Answers: 3
question
Business, 22.06.2019 21:00
In a transportation minimization problem, the negative improvement index associated with a cell indicates that reallocating units to that cell would lower costs.truefalse
Answers: 1
question
Business, 22.06.2019 21:20
What business practice contributed most to andrew carnegie’s ability to form a monopoly?
Answers: 1
You know the right answer?
Drake owns 100 stocks of Balancia, Inc. He had bought these stocks at a face value of $10. The marke...
Questions
question
Mathematics, 28.02.2021 07:30
question
Mathematics, 28.02.2021 07:30
question
English, 28.02.2021 07:30
Questions on the website: 13722367