Business

Adan

22 May, 11:31

Flex Co. just paid total dividends of $1,100,000 and reported additions to retained earnings of $3,300,000. The company has 725,000 shares of stock outstanding and a benchmark PE of 17.4 times. What stock price would you consider appropriate?

a. $95.04

b. $79.20

c. $105.60

d. $26.40

e. $100.32

+1

Answers (1)

Know the Answer?

Not Sure About the Answer?

Get an answer to your question ✅ “Flex Co. just paid total dividends of $1,100,000 and reported additions to retained earnings of $3,300,000. The company has 725,000 shares ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.

Search for Other Answers

You Might be Interested in

Wilbur decides to sell his collection of rare stamps through an online auction site. When he is filling out the information about his collection, he types $40 instead of $400 in the minimum price box.

Unlike affirmative action, diversity: select one: a. is basically a punitive approach. b. can exist even if organizations do not take purposeful steps to create it. c. is required by law for private employers with fifty or more employees. d.

You just purchased a parcel of land for $10,000. if you expect a 12% annual rate of return on your investment, how much will you sell the land for in 10 years? note. due to rounding and method of calculation, your answer might vary slightly.

pJimmy is a client of yours and he has some holdings in U. S. T-Bonds. Over the past year, he received $500 in interest from these bonds. His accountant has informed him that he is in the 28% tax bracket with all sources of income considered.

Suppose the risk-free return is 6.6 % and the market portfolio has an expected return of 8.5 % and a standard deviation of 16 %. johnson & johnson corporation stock has a beta of 0.30. what is its expected return

New Questions in Business

Which government behavior is not involved in consumer-protection regulations?

Data for an economy shows that the unemployment rate is 10%, the participation rate 80 percent, and 200 million people 16 years or older are not in the labor force. how many people are in the working-age population in this economy?

Normally, grant money is treated as gift aid that does not need to be paid back. Which of the following events would require a student to pay back the amount received as grant?

PA1. LO 2.1Ballentine Manufacturing produces and sells lawnmowers through a national dealership network.

On July 1, Stan, a steel manufacturer, telephoned Byron and offered to sell Byron six carloads of steel at $600 a ton.