Rockwell Jewelers has announced net earnings of $6,481,778 for this year. The company has 2,543,800 shares outstanding,
Question:
Rockwell Jewelers has announced net earnings of $6,481,778 for this year. The company has 2,543,800 shares outstanding, and the year-end stock price is $54.21. What are the company’s earnings per share and P/E ratio?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 82% (17 reviews)
Net earnings 6481778 Shares outstanding 25...View the full answer
Answered By
JAPHETH KOGEI
Hi there. I'm here to assist you to score the highest marks on your assignments and homework. My areas of specialisation are:
Auditing, Financial Accounting, Macroeconomics, Monetary-economics, Business-administration, Advanced-accounting, Corporate Finance, Professional-accounting-ethics, Corporate governance, Financial-risk-analysis, Financial-budgeting, Corporate-social-responsibility, Statistics, Business management, logic, Critical thinking,
So, I look forward to helping you solve your academic problem.
I enjoy teaching and tutoring university and high school students. During my free time, I also read books on motivation, leadership, comedy, emotional intelligence, critical thinking, nature, human nature, innovation, persuasion, performance, negotiations, goals, power, time management, wealth, debates, sales, and finance. Additionally, I am a panellist on an FM radio program on Sunday mornings where we discuss current affairs.
I travel three times a year either to the USA, Europe and around Africa.
As a university student in the USA, I enjoyed interacting with people from different cultures and ethnic groups. Together with friends, we travelled widely in the USA and in Europe (UK, France, Denmark, Germany, Turkey, etc).
So, I look forward to tutoring you. I believe that it will be exciting to meet them.
3.00+
2+ Reviews
10+ Question Solved
Related Book For
Fundamentals of corporate finance
ISBN: 978-0470876442
2nd Edition
Authors: Robert Parrino, David S. Kidwell, Thomas W. Bates
Question Posted:
Students also viewed these Corporate Finance questions
-
Rosie Manufacturer earned $100,000 this year. The company follows the residual dividend policy when paying dividends. Rosie has determined that it needs a total of $120,000 for investment in capital...
-
Maxmarine plc builds boats. Earlier this year the company accepted an order for 15 specialized Crest boats at a fixed price of 100 000 each. The contract allows four months for building and delivery...
-
Company X (with $47 share price and 5,400 shares outstanding) is considering the possible acquisition of Company Y (with $18 share price and 1,400 shares outstanding). Neither firm has any...
-
Quick Fix-it Corporation was organized in January 2011 to operate several car repair businesses in a large metropolitan area. The charter issued by the state authorized the following capital stock:...
-
Develop a few guidelines for spreadsheet developers to follow to help prevent spreadsheet errors?
-
If the finding about the relationship between using the peanut-shaped ball and the length of the first stage of labor was incorrect, what type of error would it be? What would be the most likely...
-
Which of the following statements is false? (a) The shortage of nursing professionals is expected to decrease in the coming decade. (b) Studies have shown an association between electronic health...
-
A study of accounts receivables at the A&W Depart ment Store indicates that bills are either current, one month overdue, two months overdue, written off as bad debts, or paid in full. Of those that...
-
Champion Contractors completed the following transactions involving equipment. Year 1 January 1 Paid $306,000 cash plus $12,240 in sales tax and $1,600 in transportation (FOB shipping point) for a...
-
The diagram shows an open water container in the shape of a triangular prism of length y cm. The vertical cross-section is an isosceles triangle with sides 5xcm, 5xcm and 6xcm. The water container is...
-
Trademark Corp.s financial manager collected the following information for its peer group to compare its performance against that of its peers. a. Explain how Trademark is doing relative to its...
-
Chisel Corporation has 3 million shares outstanding at a price per share of $3.25. If the debt-to-equity ratio is 1.7 and total book value of debt equals $12,400,000, what is the market-to-book ratio...
-
Air flows past an object in a pipe of 2-m diameter and exits as a free jet as shown in Fig. P5.122. The velocity and pressure upstream are uniform at \(10 \mathrm{~m} / \mathrm{s}\) and \(50...
-
__________therapies assume that people should take responsibility for their lives and the decisions they make.
-
The __________ __________ __________ __________technique begins with an outrageous request that makes a subsequent, smaller request seem reasonable.
-
What are the skin senses, and how do they relate to the experience of pain?
-
Which of the following is not a separate legal entity? a. Proprietorship b. Sole proprietorship c. Corporation d. Partnership
-
Health psychologists are most likely to focus on which of the following problems with health care? a. Incompetent health-care providers b. Rising health-care costs c. Ineffective communication...
-
Review the select information for Bean Superstore and Legumes Plus (industry competitors), and then complete the following. A. Compute the accounts receivable turnover ratios for each company for...
-
Kenneth Hubbard has prepared the following list of statements about managerial accounting and financial accounting. 1. Financial accounting focuses on providing information to internal users. 2....
-
How would you build total quality management principles into a project control system?
-
Hydrogen Batteries sells its specialty automobile batteries for $85 each, while its current variable cost per unit is $65.Total fixed costs (including depreciation and amortization expense) are...
-
The Vinyl CD Co. is going to take on a project that is expected to increase its EBIT by $90,000, its fixed cost cash expenditures by $100,000, and its depreciation and amortization by $80,000 next...
-
You are considering investing in a business that has monthly fixed costs of $5,500 and sells a single product that costs $35 per unit to make. This product sells for $90 per unit. What is the annual...
-
According to the Hawail Wildlife Fund, North Pacific Humpback Whales migrate from the icy waters around Alaska during the fall to spend the winter in Hawaii where they mate, give birth, and nurture...
-
Find the limit 4 lim (x -2x32x + x 1) =? 2+1 -
-
Train-the-trainer manual for the training and development department within your organization or for one with which you are familiar. Your trainers will soon be responsible to train the staff about...
Study smarter with the SolutionInn App