A company has a P/E ratio of 19.7. Their current share price is $23.13 and their most

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A company has a P/E ratio of 19.7. Their current share price is $23.13 and their most recent Net Income is $18,000. How many shares are outstanding? (Show all the work).

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Foundations of Financial Management

ISBN: 978-1259194078

15th edition

Authors: Stanley Block, Geoffrey Hirt, Bartley Danielsen

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Posted Date: Aug 03, 2018 01:20 AM

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A company has a P/E ratio of 19.7. Their current share price is $23.13 and their most

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Solution Computation of the Outstanding Shares PE Ratio Price Per Share Earning Per Share ... View the full answer

Foundations of Financial Management

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