Given the following information, calculate the market price per share of WPM Inc. Earnings after interest and
Question:
Earnings after interest and taxes = $200,000
Earnings per share = $2.00
Stockholders' equity = $2,000,000
Market/Book ratio = 0.20
a. $20.00
b. $8.00
c. $4.00
d. $2.00
e. $1.00
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c 400 Earnings per share Earnings after interest ...View the full answer
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Related Book For 
Financial and Managerial Accounting
ISBN: 978-1439037805
9th edition
Authors: Belverd E. Needles, Marian Powers, Susan V. Crosson
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