subject
Business, 13.10.2021 03:40 lachlyn40

Use the following information to answer this question. Windswept, Inc. 2017 Income Statement ($ in millions) Net sales $ 9,150 Cost of goods sold 7,500 Depreciation 325 Earnings before interest and taxes $ 1,325 Interest paid 80 Taxable income $ 1,245 Taxes 374 Net income $ 871 Windswept, Inc. 2016 and 2017 Balance Sheets ($ in millions) 2016 2017 2016 2017 Cash $ 190 $ 205 Accounts payable $ 1,310 $ 1,617 Accounts rec. 1,000 900 Long-term debt 990 1,168 Inventory 1,600 1,570 Common stock 3,290 2,940 Total $ 2,790 $ 2,675 Retained earnings 500 750 Net fixed assets 3,300 3,800 Total assets $ 6,090 $ 6,475 Total liab. & equity $ 6,090 $ 6,475 Windswept, Inc., has 340 million shares of stock outstanding. Its price–earnings ratio for 2017 is 15. What is the market price per share of stock?

ansver
Answers: 1

Another question on Business

question
Business, 22.06.2019 03:30
He aldermanalderman company has prepared a sales budget of 42 comma 00042,000 finished units for a 3-month period. the company has an inventory of 10 comma 00010,000 units of finished goods on hand at december 31 and has a target finished goods inventory of 11 comma 00011,000 units at the end of the succeeding quarter. it takes 44 gallons of direct materials to make one unit of finished product. the company has inventory of 64 comma 00064,000 gallons of direct materials at december 31 and has a target ending inventory of 53 comma 00053,000 gallons at the end of the succeeding quarter. how many gallons of direct materials should aldermanalderman company purchase during the 3 months ending march 31? select the labels and enter the amounts to calculate the direct materials (gallons) to be purchased.
Answers: 3
question
Business, 22.06.2019 20:20
An economic theory that calls for workers to take control of factories is .
Answers: 3
question
Business, 23.06.2019 00:00
Both a demand curve and a demand schedule show how a. prices affect consumer demand. b. consumer demand affects income. c. prices affect complementary goods. d. consumer demand affects substitute goods.
Answers: 2
question
Business, 23.06.2019 02:30
The wall street journal reported that over a recent five-month period, a downturn in the economy has caused endowments to decline 23%. what is the estimate of the dollar amount of the decline in the total endowments held by these 10 universities (to the nearest billion)?
Answers: 3
You know the right answer?
Use the following information to answer this question. Windswept, Inc. 2017 Income Statement ($ in m...
Questions
question
Business, 17.05.2021 15:40
question
Mathematics, 17.05.2021 15:40
question
Mathematics, 17.05.2021 15:40
question
Mathematics, 17.05.2021 15:40
question
Social Studies, 17.05.2021 15:40
Questions on the website: 13722367