Business, 06.10.2019 03:00 karebareyo
Eaton, inc., wishes to expand its facilities. the company currently has 6 million shares outstanding and no debt. the stock sells for $28 per share, but the book value per share is $8. net income is currently $4.2 million. the new facility will cost $42 million, and it will increase net income by $810,000. assume a constant price-earnings ratio. a-1 calculate the new book value per share. (do not round intermediate calculations and round your answer to 2 decimal places, e. g., 32.16.) book value $ 12 a-2 calculate the new total earnings. total earnings $ 75 a-3 calculate the new eps. (do not round intermediate calculations and round your answer to 4 decimal places, e. g., 32.1616.) eps $ per share a-4 calculate the new stock price. (do not round intermediate calculations and round your answer to 2 decimal places, e. g., 32.16.) stock price $ a-5 calculate the new market-to-book ratio. (do not round intermediate calculations and round your final answer to 4 decimal places, e. g., 32.1616.) market-to-book ratio b. what would the new net income for the company have to be for the stock price to remain unchanged? (enter your answer in dollars, not millions of dollars, e. g., 1,234,567. do not round intermediate calculations and round your answer to nearest whole dollar amount, e. g., 32.)
Answers: 2
Other questions on the subject: Business
Business, 22.06.2019 11:30, laylay120
You've arrived at the pecan shellers conference—your first networking opportunity. naturally, you're feeling nervous, but to avoid seeming insecure or uncertain, you've decided to a. speak a little louder than you would normally. b. talk on your cell phone as you walk around. c. hold an empowered image of yourself in your mind. d. square your shoulders before entering the room.
Answers: 2
Business, 22.06.2019 17:40, bsheepicornozj0gc
Within the relevant range, if there is a change in the level of the cost driver, then a. total fixed costs will remain the same and total variable costs will change b. total fixed costs will change and total variable costs will remain the same c. total fixed costs and total variable costs will change d. total fixed costs and total variable costs will remain the same
Answers: 3
Business, 23.06.2019 00:30, evryday2285
Three years ago, the city of recker committed to build a park and music venue by the river. it was expected to cost $2.5 million and be paid for from an additional meals tax in the community. the residents pushed back. local restaurants suffered as people ate out less or patronized restaurants in neighboring communities. the project has stalled, but the town council kept pushing it on. this spring, a flood devastated the venue. the town council appears to have suffered from bias
Answers: 3
Business, 23.06.2019 01:00, jerzie53
Gideon company uses the allowance method of accounting for uncollectible accounts. on may 3, the gideon company wrote off the $2,000 uncollectible account of its customer, a. hopkins. on july 10, gideon received a check for the full amount of $2,000 from hopkins. on july 10, the entry or entries gideon makes to record the recovery of the bad debt is
Answers: 1
You know the right answer?
Eaton, inc., wishes to expand its facilities. the company currently has 6 million shares outstanding...
Questions in other subjects:
Mathematics, 04.04.2021 23:20
Mathematics, 04.04.2021 23:20
Mathematics, 04.04.2021 23:20
Chemistry, 04.04.2021 23:20
Mathematics, 04.04.2021 23:20
Mathematics, 04.04.2021 23:20
