The common stock Johnson Biotech is currently trading for $34.00 a share and there are 100,000...
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The common stock Johnson Biotech is currently trading for $34.00 a share and there are 100,000 shares outstanding. If their Net Income is $850,000, what is the P/E Ratio? The common stock Johnson Biotech is currently trading for $34.00 a share and there are 100,000 shares outstanding. If their Net Income is $850,000, what is the P/E Ratio?
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Answer rating: 100% (QA)
1 The PE PricetoEarnings ratio is a valuation metric that indicates the markets expectations for a companys future earnings growth It is calculated by ... View the full answer
Related Book For
Introduction To Corporate Finance
ISBN: 9781118300763
3rd Edition
Authors: Laurence Booth, Sean Cleary
Posted Date:
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