A company has 750,000 shares of stock outstanding with a market price per share of $5.60....
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A company has 750,000 shares of stock outstanding with a market price per share of $5.60. The firm's balance sheet shows total assets of $1,992,300 and total liabilities of $1,000,000 and its net income is $287,400. The firm would have a P/E ratio of and a Market – Book ratio of Oa. 30.05; 11.25 O b. 14.61; 4.23 Oc. 24.00; 13,04 O d. 13.04; 3.81 A company has 750,000 shares of stock outstanding with a market price per share of $5.60. The firm's balance sheet shows total assets of $1,992,300 and total liabilities of $1,000,000 and its net income is $287,400. The firm would have a P/E ratio of and a Market – Book ratio of Oa. 30.05; 11.25 O b. 14.61; 4.23 Oc. 24.00; 13,04 O d. 13.04; 3.81
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Earnings per share Net Income Shares oustanding 287400 750000 03832 PE ratio Current pr... View the full answer
Related Book For
Investment Analysis and Portfolio Management
ISBN: 978-0538482387
10th Edition
Authors: Frank K. Reilly, Keith C. Brown
Posted Date:
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