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Market price of a share of the company's stock.

Given the following information: stockholders equity = $1,250; price/earnings ratio =10; shares outstanding =25; market/book ration =1.75. Calculate the market price of a share of the company's stock.

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Question: Texas Products Inc has a division which makes burlap bags for the citrus industry. The unit has operating fixed costs of $12,000 per month, and it must sell 42,000 bags per month at $2.50 to break even. If the variable cost per bag is $2.00, what price must the division's total costs be?

Market price of a share of the company's stock.

You are given the following information: stockholder equity=$1,250 price/earning ratio=10 shares outstanding=25 market/book ration=1.75 Calculate the market price of a share of the company's stock?

How is this calculated?

Year Ended - Balance Sheet ($1,000s) Cash 20 Accounts Payable 20 Accounts Receivable 20 Notes Payable 40 Inventory 20 Long Term Debt 80 Fixed Assets 180 Common Stock 80 Retained Earnings 20


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