In 2011, Pringle Company reported earnings per share of $9.50 when its stock was selling for $228.

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In 2011, Pringle Company reported earnings per share of $9.50 when its stock was selling for $228. In 2012, its earnings increased by 13 percent. If all other relationships remain constant, what is the price of the stock?

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Financial Accounting

ISBN: 978-0078111020

7th Edition

Authors: LibbyShort

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Question Posted: Dec 12, 2011 09:22 AM

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In 2011, Pringle Company reported earnings per share of $9.50 when its stock was selling for $228.

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Financial Accounting

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