Henderson Engineers Ltd. has the number of shares of ordinary shares outstanding of 46,000,000, and the current

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Henderson Engineers Ltd. has the number of shares of ordinary shares outstanding of 46,000,000, and the current price per share is $17.00. If the company’s profit is 890,000,000.00,

calculate the PE ratio and would you consider investing in this share based on the PE ratio?

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Financial Accounting and Reporting

ISBN: 978-0273744443

14th Edition

Authors: Barry Elliott, Jamie Elliott

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Posted Date: Jul 25, 2023 02:11 AM

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Henderson Engineers Ltd. has the number of shares of ordinary shares outstanding of 46,000,000, and the current

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First calculate EPS EPS Profit Number of shares outstanding EPS 89000000000 46000000 EPS 1935 Now ca... View the full answer

Financial Accounting and Reporting

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