Tinsley Inc. is an industry-leading cardboard manufacturer. You have been asked to determine a market value for
Question:
Tinsley Inc. is an industry-leading cardboard manufacturer. You have been asked to determine a market value for the firm’s equity. The firm has 100,000 shares outstanding, earnings per share of $2.50 last year, and a stock price of $25. What is the market value?
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The market value of the share indicates the value of the company as if share value increase ...View the full answer
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Muhammad Imtiaz Rasool
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