Calculate net income given the following information: shares outstanding = 1,000,000; stock price = $18/share; PE ratio

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Calculate net income given the following information: shares outstanding = 1,000,000; stock price = $18/share; PE ratio = 20.
A. $750,000
B. $800,000
C. $850,000
D. $900,000
E. $950,000

Related Book For answer-question

Fraud examination

ISBN: 978-0538470841

4th edition

Authors: Steve Albrecht, Chad Albrecht, Conan Albrecht, Mark zimbelma

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Posted Date: Feb 11, 2021 05:15 AM

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Calculate net income given the following information: shares outstanding = 1,000,000; stock price = $18/share; PE ratio

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Fraud examination

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