In 2014, Pringle Company reported earnings per share of $9.50 when its stock was selling for $228.

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In 2014, Pringle Company reported earnings per share of $9.50 when its stock was selling for $228. In 2015, its earnings increased by 13 percent. If all other relationships remain constant, what is the price of the stock?

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Financial Accounting

ISBN: 978-0078025556

8th edition

Authors: Robert Libby, Patricia Libby, Daniel Short

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Question Posted: Jul 01, 2014 02:17 AM

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In 2014, Pringle Company reported earnings per share of $9.50 when its stock was selling for $228.

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Financial Accounting

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