Calculate the price-earnings ratio of MMM and explain its meaning and significance to investors?

Words: 167
Pages: 1
Subject: Uncategorized

The return on equity for MMM corporation is 10% for 2017 and profits after taxes are $40,000. Number of shares outstanding are 100,000 and the market price of the share is $8. Total liabilities for the company are $600,000. Please answer the following questions a. Please calculate the equity capital of the company. Describe the significance of the ratio “return on equity” and how it is being used by investors b. Calculate the debt to assets ratio and explain its meaning and significance to investors. c. Calculate the price-earnings ratio of MMM and explain its meaning and significance to investors?

Let Us write for you! We offer custom paper writing services Order Now.

REVIEWS


Criminology Order #: 564575

“ This is exactly what I needed . Thank you so much.”

Joanna David.


Communications and Media Order #: 564566
"Great job, completed quicker than expected. Thank you very much!"

Peggy Smith.

Art Order #: 563708
Thanks a million to the great team.

Harrison James.


"Very efficient definitely recommend this site for help getting your assignments to help"

Hannah Seven