Reagan Corp. has reported a net income of $804,400 for the year. The company's share price is
Fantastic news! We've Found the answer you've been seeking!
Question:
Reagan Corp. has reported a net income of $804,400 for the year. The company's share price is $13.29, and the company has318,110 shares outstanding. Compute the firm's price-earnings ratio up to two decimal places.
Related Book For
Intermediate Accounting
ISBN: 978-0176509736
10th Canadian Edition, Volume 1
Authors: Donald Kieso, Jerry Weygandt, Terry Warfield, Nicola Young,
Posted Date: