Question: Given the following information for GBN, Inc.: - The current stock price: $27.5/sh - The Net Income is : $1,500,000 - Avg number of shares

Given the following information for GBN, Inc.: - The current stock price: $27.5/sh - The Net Income is : $1,500,000 - Avg number of shares o/s - 2,500,000 EPS (consensus) - $.61/sh - Industry Avg P/E - 38x Calculate the following: A. EPS basic B. Define EPS C. P/E ratio: D. Define P/E ratio E. Calculate Market Capitalization of GBN F. Compare GBN's P/E to the industry avg. P/E, GBN, Inc. Based on the comparison GBN would be classified stock as a Answer below

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock blur-text-image

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related Finance Questions!

The voters of the City of Monroe approved the issuance of tax - supported bonds in the face amount of $ 4 , 0 0 0 , 0 0 0 for the construction and equipping of a new City Jail. Architects were to be...

H I L M N o P Q 1 1 Hatfield Medical Supply: Income Statement (Millions of Dollars Except per Share) 2018 Sales $2,000.0 Op.costs (excl. depr.) $1,800.0 Depreciation $50.0 EBIT $150.0 Interest $40.0...

Flamingo Enterprises has a patent that Flamingo would like to expense over the patent's useful life. Which of the following accounts would Flamingo credit to record this expense over the patent's...

Please please, I need your asap help, I need you to check if all of this answer are ok? Thanks Regards Name Mid Term Test 1 True False Indicate whether the statement is true or false 1 1 . Management...

I need help with writhing a financial statement analysis report about Company Sprint Airline. I have attached the documents including the overview of the project and the template of it and example of...

For the purposes of this question, you should make the following assumptions (except where noted in the questions below): all tables provided D = 0.2 (both for Media General and the media companies...

Hello there, I need help with my project and homework assignments. Please see attached templates and work problems for more details. Problem 9-4: Traditional WACC Valuation Given Solution Legend Debt...

Please help with the 2 questions below. ****** I WILL USE YOUR WORK AS A GUIDE ONLY AND WILL NOT TURN IN YOUR EXACT WORK ******** ****there are 3 examples of this assignment attached below*****Please...

1. What is the WACC and why is it important to estimate a firms cost of capital? Is the WACC set by investors or by managers? Explain. Did Cohen make any mistakes in her analysis? Explain. 2....

Questions: Consider the following share repurchase proposal: Blaine will use $209 million of cash from its balance sheet and $50 million in new debt-bearing interest at the rate of 6.75% to...

Interest rates determine the present value of future amounts (Round to the nearest dollar.) (Click the icon to view Present Value of $1 table.) (Click the icon to view Future Value of $1 table.) Read...

Apple has had the following stock splits since its inception. Effective Date Split Amount June 9, 2014 7 for 1 2 for 1 February 28, 2005 June 21, 2000 June 16, 1987 2 for 1 2 for 1 a. If the par...

Determine the following limit . lim x 2 8 x 3 3 x 2 - 4 x 3 x 3 x 2 2 x 4 Select the correct choice below and, if necusary, fir in the answer box to complete your choice. A . lim x 2 8 x 3 3 x 2 - 4...

10. Use the theorem for three linearly independent vectors (that is, calculate a determinant) to determine whether the given vectors u, v, and w are linearly dependent or independent. The determinant...

9. Find a general solution in powers of x of the differential equation. State the recurrence relation and the guaranteed radius of convergenoe. zy" +x*y + 2xy = 0 The recurrence relation is o,43=....

8. Find the Laplace transform of the function f(t). ft) = 4 if 0St

7. Use the convolution theorem to obtain a formula for the solution to the given initial value problem. x' + 36x = 7i(): x(0) = 0, x'(0) = 0 x(t) = (Type an expression using t as the convolution...

6. Apply the translation theorem to find the Laplace transform of the following function. f(t) = e -7" sin 2nt 2 Click the icon to view the table of Laplace transforms. (Type an exact answer in terms...

Out of the Box Inc. is needing to purchase wood and other raw materials to manufacture their playgrounds. However, these products are homogeneous and examining the entire lot would not be physically...

Is the company at the point whereit should be set-ting up a formal salary structure based on a com-plete job evaluation? Why? Carter Cleaning Centres does not have a formal wage structure nor does it...

Outline and describe the career development program you would propose for the cleaners, pressers, front counter staff, and managers at Carter Cleaning Centres Career planning has always been a pretty...

Is Jennifer right about the need to evaluate the work-ers formally? The managers? Why or why not? After spending several weeks on the job, Jennifer was surprised to discover that her father had not...