Blunderbluss Manufacturing's balance sheets report $280 million in total debt, $84 million in short-term investments, and $58 million in preferred stock. Blunderbluss has 10 million shares of common stock outstanding. A financial analyst estimated that Blunderbuss's value of operations is $830 million. What is the analyst's estimate of the intrinsic stock price per share? Round your answer to the nearest cent.

Blunderbluss Manufacturing's balance sheets report $280 million in total debt, $84 million in short-term investments, and $58 million in preferred stock. Blunderbluss has 10 million shares of common stock outstanding. A financial analyst estimated that Blunderbuss's value of operations is $830 million. What is the analyst's estimate of the intrinsic stock price per share? Round your answer to the nearest cent.

Managerial Accounting: The Cornerstone of Business Decision-Making

7th Edition

ISBN:9781337115773

Author:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger

Publisher:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger

Chapter15: Financial Statement Analysis

Section: Chapter Questions

Problem 54E: Rebert Inc. showed the following balances for last year: Reberts net income for last year was...

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Rebert Inc. showed the following balances for last year: Reberts net income for last year was 3,182,000. Refer to the information for Rebert Inc. above. Also, assume that the market price per share for Rebert is 51.50. Required: 1. Compute the dollar amount of preferred dividends. 2. Compute the number of common shares. 3. Compute earnings per share. (Note: Round to two decimals.) 4. Compute the price-earnings ratio. (Note: Round to the nearest whole number.)
Blunderbluss Manufacturing's balance sheets report $205 million in total debt, $76 million in short-term investments, and $50 million in preferred stock. Blunderbluss has 10 million shares of common stock outstanding. A financial analyst estimated that Blunderbuss's value of operations is $925 million. What is the analyst's estimate of the intrinsic stock price per share? Round your answer to the nearest cent.
Blunderbluss Manufacturing's balance sheets report $315 million in total debt, $69 million in short- term investments, and $58 million in preferred stock. Blunderbluss has 20 million shares of common stock outstanding. A financial analyst estimated that Blunderbuss's value of operations is $840 million. What is the analyst's estimate of the intrinsic stock price per share? Round your answer to the nearest cent.
Blunderbluss Manufacturing’s balance sheets report $200 million in total debt, $70 million in short-term investments, and $50 million in preferred stock. Blunderbluss has 10 million shares of common stock outstanding. A financial analyst estimated that Blunderbuss’s value of operations is $800 million. What is the analyst’s estimate of the intrinsic stock price per share?
TNT Corporation's stock is currently selling at $36 per share. TNT reported total revenues of $5.26 billion over the past year, has a book value of equity of $2.9 billion, and has 296 million shares outstanding. Based on comparable firms, the appropriate P/S and P/B for TNT are 2.85 and 4.75, respectively. A. What is the stock's approximate intrinsic value based on the P/S multiplier? B. What is the stock's approximate intrinsic value based on the P/B multiplier?
The Income statement for Travers & Co. is shown below. The firm currently has 35.0 million shares of common stock outstanding. However, an analyst has looked at the firm's outstanding warrants and options to determine the likelihood of them being exercised. The analyst has determined that the firm's adjusted number of common shares after the expected dilution is 38.5 million. INCOME STATEMENT (Millions of dollars) Total revenues - Operating costs excluding depreciation - Depreciation and amortization expense Operating income (EBIT) - Interest expense Taxable income - Taxes $ $ Net income $ - Preferred dividends Net income available to common shareholders $ $ Common dividends Addition to retained earnings What is the firm's DPS for 2005? $3.05 Answer the following questions about Travers & Co.'s Income statement. O $3.13 $2.61 O $1.79 O $2.03 What is the basic EPS? $4.35 $4.68 $4.74 $3.20 $3.65 What is the diluted EPS? O $2.91 $4.26 $ 1,450 1,200 50 200 25 175 63 112 O $3.65 O $4.68…
An analyst's calculation of Bear Corporation's enterprise value is $3.2 billion. Bear has $389 million in cash, $750 million in debt, and 35 million shares outstanding. What is this analyst's valuation of one share of Bear Corp's stock? Enter your answer in dollars and round to the nearest cent. Do not include the dollar sign ($).
What is the firm's net profit margin? O 16.67% Ⓒ 15.53% O 6.29% O 7.72% Ⓒ 14.98%
Based on the corporate valuation model, the value of Chen Lin Inc.'s operations is $ 897 million. Its balance sheet shows $ 103 million in notes payable, $ 99 million in long-term debt, $ 15 million in preferred stock, $140 million in retained earnings, and $280 million in total common equity. If the company has 27 million shares of stock outstanding, what is the best estimate of its stock price per share?
Based on the corporate valuation model, the total corporate value of Chen Lin Inc. is $1,275 million. Its balance sheet shows $280 million in notes payable, $230 million in long-term debt, $50 million in preferred stock, $140 million in retained earnings, and $280 million in total common equity. If the company has 10 million shares of stock outstanding, what is the best estimate of its stock price per share? a. $57.50 b. $65.00 c. $76.50 d. $71.50 e. $99.50
A company has revenues of 24 million and depreciation and amortization expenses of 9 million. Operating margin is 42%, net margin is 7%, and gross margin is 57%. It has 19 million of debt, 6 million in cash, and 11 million shares outstanding. Comparable companies are trading at An average EV/EBITDA multiple of 12. How much are this company's shares worth using relative valuation? Round to one decimal place.
Winston Watch's stock price is $75 per share. Winston has $10 billion in total assets. Its balance sheet shows $1 billion in current liabilities, $3 billion in long-term debt, and $6 billion in common equity. It has 800 million shares of common stock outstanding. What is Winston's market/book ratio?