Assume Company A is having 30,000 outstanding shares and the market price is $30.00, calculate the P

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Assume Company A is having 30,000 outstanding shares and the market price is $30.00, calculate the P / E ratio if the company’s net income for current year is $450,000.

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Integrated Accounting

ISBN: 978-1285462721

8th edition

Authors: Dale A. Klooster, Warren Allen, Glenn Owen

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Posted Date: Jan 10, 2024 06:08 AM

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Assume Company A is having 30,000 outstanding shares and the market price is $30.00, calculate the P

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Sure lets go step by step To calculate the PE ratio PricetoEarnings ratio we first need to know ... View the full answer

Integrated Accounting

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