A Company Releases the Following Information

question 28

Essay

A company releases the following information:
Number of shares (in thousands) = 8500
Dividend = $0.17
Dividend yield = 0.9%
Profit (in thousands) = $1700
a. Calculate the share price.
b. Calculate the market value of the firm (the total value of the firm's shares).
c. Calculate earnings per share and the P/E ratio.
d. Is this company expensive relative to its earnings?

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Definitions:

Social Element

The aspect of a product, service, or activity that encourages interaction and connection among people, often enhancing user experience and engagement.

Economic Element

An aspect or component that affects economic activities and outcomes, such as inflation, employment, or GDP growth.

Mission Statements

A concise declaration of an organization's core purpose and focus that remains unchanged over time, guiding its strategic decisions and communications.

Fundamental Principles

Basic foundational rules or beliefs that guide actions and decisions in various contexts.