A company has an EPS of $4.50, a book value per share of $45.90, and a market/book

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A company has an EPS of $4.50, a book value per share of $45.90, and a market/book ratio of 2.7x. What is its P/E ratio? The stock price should be rounded to the nearest cent. Round your answer to two decimal places.

Related Book For answer-question

Financial and Managerial Accounting the basis for business decisions

ISBN: 978-0078111044

16th edition

Authors: Jan Williams, Susan Haka, Mark Bettner, Joseph Carcello

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Posted Date: Nov 09, 2018 10:07 AM

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A company has an EPS of $4.50, a book value per share of $45.90, and a market/book

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Financial and Managerial Accounting the basis for business decisions

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