Startup Inc. is a private company. Here is selected financial information: Sales $ 125,000 Net Income 72,000 Total assets 55,000 Shares outstanding 8,000 Startup believes if the company were publicly listed, Its shares would trade at a price/earnings ratio (P/E) of 20.0. If this is true, what would be the price of a share of stock?

Answer rating: 100% (QA)

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